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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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Citing ‘human cost of litigation’, judge urges settlement in Linda Reynolds defamation case
Defamation 2023-08-25 10:40 pm By Cat Fredenburgh

The judge hearing a lawsuit by senator Linda Reynolds against the partner of former Liberal staffer Brittany Higgins over allegedly defamatory social media posts has urged the parties to resolve the matter outside of court, citing the “psychological strain” and “emotional stress” of litigation.

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IAG duped consumers with loyalty discount promises, ASIC says
ASIC 2023-08-25 1:42 pm By Cat Fredenburgh

Delivering on one of its enforcement priorities, the Australian Securities and Investments Commission has taken two units of insurer IAG to court for allegedly misleading home owners insurance customers about loyalty discounts.

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$41.45M settlement approved in pelvic mesh class action
Class Actions 2023-08-24 3:42 pm By Cindy Cameronne

A judge has approved a $41.45 million settlement in a pelvic mesh class action against manufacturers Covidien and TFS but has put off deciding on the costs of the firm that ran the case, saying it is “next to useless” when law firms appoint their own costs consultants.

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