The firm running the class action against Fitch Ratings over SCDO products has been given the go ahead to add claims of fraud and deceit after lawyers allegedly unearthed a hidden mathematical table the agency used in assigning ratings to the toxic financial products.
The law firm behind one of four AMP class actions in Federal Court might call for an anti-anti-suit injunction in response to a threat by a NSW Supreme Court judge to block the actions from proceeding in favour of the lone case filed against the wealth manager in state court.
Facing cross-examination over the law firm’s bid to add fraud and deceit claims to a class action against Fitch Ratings, a Squire Patton Boggs lawyer exchanged fire with a barrister for the ratings agency, saying Fitch was having a regular “whinge” about discovery and “no” she would not take the comment back.
The former CEO of organic baby food producer Bellamy’s Australia has sued her old employer over $1.2 million in options allegedly owed as part of a long-term financial incentives scheme.
The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have their costs slashed by millions of dollars, saying their fees left little of the settlement for group members.
A NSW Supreme Court judge has voiced concerns in an unprecedented jurisdictional battle that a decision that leaves competing class actions against AMP still raging in separate courts may force the Federal Court into a corner.
Optus can hang on to its Optus trade mark for marketing and advertising services, after successfully challenging a ruling that the mark should be deregistered for non-use in those areas.
After a marathon hearing in court on Monday, law firm Squire Patton Boggs lost its battle to avoid client communication restraints that other parties in the GetSwift class action saga voluntarily agreed to.
A judge has ruled the former head of Titan Industries must provide evidence in the class action trial over the Rudd Government’s cancellation of a program that subsidised home insulation installations, saying there was no proof his testimony could be used to bring a criminal case or reopen a coronial inquest into the death of a Titan contractor.
A NSW Supreme Court judge refused Friday to pause one of five class actions against AMP despite an impending battle over where the cases should be heard.