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Class action against NAB super fund trustee fails
Class Actions 2024-12-02 11:24 pm By Christine Caulfield

A class action against NAB unit NULIS Nominees over adviser fees charged to superannuation fund members should be dismissed, a judge has found.

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AMP class action ‘in search of a case’ after four years, court told
Class Actions 2024-11-29 11:00 pm By Sam Matthews

AMP has won its bid for more information on a class action’s allegations that it charged excessive insurance premiums, saying the applicant appeared to be “in search of a case”.

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Judge OKs cutting edge argument in $900M class action against CBA
Financial Services 2024-11-28 4:52 pm By Cindy Cameronne

A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companies’ use of AI.

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‘Replete with error’: Firm fights $5.4M security order in Macquarie class action
Class Actions 2024-11-28 11:13 pm By Sam Matthews

A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender’s costs, saying concerns about its borrowing capacity were “theoretical and speculative.”

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Keybridge shareholder can sue over $4.75M advance for Lake Como property
Securities 2024-11-27 11:00 pm By Cindy Cameronne

A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit  over a $4.75 million advance used for a director to purchase a Lake Como property.

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Real estate ‘mogul’ Sasha Hopkins slapped with $1.25M fine
Real Estate 2024-11-27 3:35 pm By Cindy Cameronne

A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments. 

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MinterEllison hires regulatory lawyer from Herbert Smith Freehills
Business of Law 2024-11-27 11:30 pm By Andy Sidler

A former Herbert Smith Freehills financial services expert has made the jump to MinterEllison, the eighth lawyer to join in a single month. 

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High Court cases could push Blue Sky class action trial to 2026
Class Actions 2024-11-26 11:46 pm By Cindy Cameronne

Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026. 

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Travelex wins opposition to blockchain tech company’s trade marks
Intellectual Property 2024-11-26 3:20 pm By Julia Kanapathippillai

International currency exchange company Travelex has won its opposition to three trade marks by blockchain travel company Travelx.

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NAB accused of rescinding job offer to pregnant employee
Employment 2024-11-21 2:46 pm By Julia Kanapathippillai

A former NAB employee has taken the bank to court alleging her employment offer was rescinded after her boss discovered she was pregnant.

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