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Judge ‘had enough’ with delays in four-year-old AMP class action
Class Actions 2023-10-05 1:14 pm By Sam Matthews

The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.

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Solicitor closed law firm to dodge barrister’s fees, tribunal hears
Legal Ethics 2023-10-05 11:52 pm By Christine Caulfield

A solicitor has been found guilty of professional misconduct for shuttering his law practice to avoid paying a barrister’s $137,000 bill and for repeatedly failing to respond to the legal watchdog’s subsequent requests for information.

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Law firm partner takes fight with ATO over exit payment to High Court
Tax 2023-10-05 3:14 pm By Cindy Cameronne

A retired law firm partner has taken his battle with the ATO to the High Court, arguing he is not liable to be taxed on $182,000 in goodwill payments he received on exiting the firm’s partnership in 2008. 

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Graincorp hits back at class action over noisy, foul-smelling factory
Class Actions 2023-10-05 10:25 pm By Sam Matthews

Agricultural giant Graincorp has hit back at a class action filed by rural Victorians who allege that a loud and foul-smelling oilseed factory run by the “high-handed” company has reduced the value of their homes and affected their health.

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Crypto is ‘not money’: Finder Wallet fights ASIC case
Cryptocurrency 2023-10-04 9:33 pm By Cindy Cameronne

Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but instead allowed customers to purchase an asset and acted as a marketing tool to funnel users to its app. 

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High Court asked to revive Volkswagen airbags class action
High Court 2023-10-04 9:14 pm By Sam Matthews

A failed class action against Volkswagen over Takata airbags is seeking special leave from the High Court, arguing an appeals court was wrong to find a reasonable consumer would be comfortable with an airbag that posed a potential risk of rupture.

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AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another round of mediation, even as the wealth manager appeals a judge’s liability finding.

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Ex-Greenwoods partner asks High Court to weigh in on whistleblower protections
High Court 2023-10-04 11:25 pm By Cat Fredenburgh

A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.

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Law firm dropped from Sydney light rail class action
Class Actions 2023-10-04 2:22 pm By Cindy Cameronne

The law firm on record for a class action over the Sydney Light Rail has been dropped by the lead plaintiffs and replaced by class action boutique Banton Group after the firms’ relationship broke down while running the case together. 

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United Petroleum says class action firm can’t ‘veto’ chats with group members
Franchises 2023-10-04 9:50 pm By Sam Matthews

United Petroleum, which is facing a franchisee class action over allegedly loss-making Pie Face stores, is resisting a plaintiff law firm’s bid for “a right of veto” over the petrol giant’s communications with group members, even those not represented by the firm.

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