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Government to acknowledge climate change risk in class action settlement
Climate change 2023-08-30 10:34 pm By Cat Fredenburgh

The government has agreed to acknowledge that climate change is a systemic risk that could affect the value of its bonds in order to resolve a class action on behalf of sovereign bond investors over its climate disclosures.

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Ex-GC loses Fair Work case against fintech Littlepay
Judgment 2023-08-30 2:23 pm By Cat Fredenburgh

The former general counsel of UK-based transit payment provider Littlepay has lost her lawsuit alleging she faced a hostile workplace when she returned from maternity leave and was dismissed for making complaints about the company’s CEO and another global executive.

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Truth shouldn’t ‘straitjacket’ public interest defence, says judge in Heston Russell case
Defamation 2023-08-29 10:16 pm By Cindy Cameronne

A judge hearing closing submissions in Heston Russell’s defamation case against the ABC has expressed “significant reservations” about evidence by the former commando and said that a “less than complete” story could still be protected under the new public interest defence.

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BlueScope hit with record $57.5M penalty for attempted price-fixing
Competition & Consumer Protection 2023-08-29 11:35 am By Sam Matthews

A judge has hit BlueScope Steel with a $57.5 million penalty for engaging in attempted cartel conduct and ordered a former executive to personally pay a $575,000 penalty.

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Care A2 can’t block Gensco’s US lawsuit over soured baby formula deal
Competition & Consumer Protection 2023-08-28 10:31 pm By Cat Fredenburgh

A judge has refused infant formula company Care A2’s bid to block US business partner Gensco from filing a lawsuit in Florida that overlaps with a $200 million suit filed in Australian court over a deal to sell formula in the US amid a supply shortage.

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Aged pensioner can’t revive class action against Social Services
Appeals 2023-08-28 11:42 pm By Cindy Cameronne

A self-represented aged pensioner has lost his bid to revive a class action against the Department of Social Services over its real estate asset testing for pensions, with a judge saying that a legal practitioner must represent group members. 

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PFAS class action judge OKs $132.7M settlement, $33M CFO
Class Actions 2023-08-25 10:38 pm By Cindy Cameronne

A judge has blessed a $132.7 million settlement and a $33 million common fund order in a class action over toxic firefighting foam, saying he was “not vexed” by whether he had power to grant the funder’s payout despite the Full Court having reserved on the contentious issue. 

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Judge recuses himself from OSI’s bid for evidence in Roberts-Smith case
Defamation 2023-08-25 11:30 pm By Sam Matthews

A judge who found that Ben Roberts-Smith committed war crimes has recused himself from deciding whether the Office of the Special Investigator can access evidence in the former SAS corporal’s defamation case for its own investigation into war crimes in Afghanistan.

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$4.9B ANZ, Suncorp merger heads to Competition Tribunal
Competition & Consumer Protection 2023-08-25 10:11 pm By Cat Fredenburgh

ANZ has lodged an application asking the Australian Competition Tribunal to reverse the competition regulator’s rejection of its $4.9 billion tie-up with Queensland-based Suncorp.

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University of Sydney can’t advance ‘unclear’ claims over flammable building panels
Construction 2023-08-25 1:02 pm By Sam Matthews

The University of Sydney has lost a bid to amend its claims against a consultant in litigation over allegedly defective building work carried out on its Charles Perkins Centre in Camperdown.

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