Kane Loxley

Challenging the first win for shareholders in a class action, logistics company Brambles says a trial judge erred in his findings on liability as well as loss.

A class acton against Fletcher Building’s Iplex over thousands of allegedly burst pipes in homes around Australia is gearing up for a mammoth 12-week trial, with a separate claim by BGC, which installed the pipes, to proceed by way of a test case.

A class acton against Fletcher Building’s Iplex over thousands of allegedly burst pipes in homes around Australia is gearing up for a mammoth 12-week trial, with a separate claim by BGC, which installed the pipes, to proceed by way of a test case.

A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.

Logistics company Brambles has followed through on plans to challenge its landmark loss in a shareholder class action, setting the stage for further appellate court guidance in securities cases, which once routinely settled.

A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.

Logistics company Brambles has lost its bid to pause costs orders while it prepares an appeal of the first post-trial win for a shareholder class action, while also flagging a bid to stay determination of group member claims.

A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.

After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.

An employee of e-commerce merchandise importer New Aim wants the High Court to overturn a ruling that found he breached his duty of confidence by providing competitors with contact details of the company's suppliers, stored on WeChat on his personal phone.