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ACCC accused of ‘slapdash’ decision to charge Deutsche Bank exec in ANZ cartel case
Competition & Consumer Protection 2020-07-23 6:37 pm By Miklos Bolza

A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the “incredibly slapdash” methods of the ACCC.

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Government won’t challenge loss in live export class action
Class Actions 2020-07-22 10:16 pm By Cat Fredenburgh

The Federal Government will not challenge a ruling in a class action brought on behalf of live exporters which found a total ban on live cattle exports to Indonesia in 2011 was “capricious and unreasonable”.

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Morrison government hit with landmark climate change suit
Environment 2020-07-22 10:02 pm By Christine Caulfield

A law student represented by a former Federal Court judge has launched historic litigation seeking to hold the Australian government responsible for failing to disclose the impact of climate change on investors in sovereign bonds.

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ANZ accuses ACCC of ‘heavying’ cartel witnesses from JPMorgan
Competition & Consumer Protection 2020-07-22 9:15 pm By Miklos Bolza

ANZ Banking Group has slammed a decision by the ACCC to escalate concerns that one of its key cartel witnesses was not being “full and frank”, claiming this was a way to put pressure on the witness and bring his evidence into line.

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Uber fails in second bid to put brakes on taxi driver class action
Class Actions 2020-07-22 3:42 pm By Alison Eveleigh

Uber has lost its latest challenge to a landmark class action that alleges the ride-sharing giant engaged in a conspiracy to steal business from taxi and limousine drivers across four states, with an appeals court dismissing arguments the case failed to properly allege an intent to harm.

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Ashurst partner hit with indemnity costs in Point Piper property feud
Real Estate 2020-07-22 10:26 am By Christine Caulfield

An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.

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‘Not a single note’: ACCC accused of avoiding disclosure in ANZ cartel case
Competition & Consumer Protection 2020-07-21 11:18 pm By Miklos Bolza

The ACCC’s investigatory techniques have come under fire during a hearing over an alleged criminal cartel agreement between ANZ and two investment banks, with a barrister for one of the banks suggesting investigators from the regulator deliberately did not take notes during hundreds of days of witness interviews to avoid disclosure.

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Judge slams opt out notice, ‘disturbing’ funder letter in Suncorp class action
Class Actions 2020-07-21 10:40 pm By Alison Eveleigh

A judge overseeing a class action against Suncorp over alleged conflicted remuneration has questioned a proposed opt out notice telling group members they should sign up with the funder backing the case or it might not proceed.

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Woolworths denies class action claims as underpayments blow out to $390M
Class Actions 2020-07-21 6:08 pm By Alison Eveleigh

Despite admitting that it underpaid workers to the tune of $390 million, supermarket giant Woolworths has denied underpayment claims levelled against it in a class action brought by disgruntled current and former staff.

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IP Australia appeals loss in Aristocrat gaming methods patent case
Aristocrat Technologies 2020-07-21 10:41 am By Cat Fredenburgh

IP Australia has appealed a judge’s decision to allow four Aristocrat gaming patents to proceed to grant, hoping for another victory after winning two high stakes challenges to software patents before the Full Federal Court.

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