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More casuals class actions to be dropped in wake of High Court’s Rossato decision
Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High Court decision that "radically" decreased their chances of success.
ACCC pressured ASIC to drop investigation into JPMorgan, court hears
A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would “upset” the competition regulator’s criminal cartel case over a $2.5 billion ANZ share placement, a court has heard.
Woodside hit with second lawsuit over $16.5B WA natural gas project
Woodside Energy has been sued over its $16.5 billion Scarborough gas field development, with an environmental group alleging the project's approval was invalid because the government of Western Australia failed to properly account for its impact on climate change.
Class action targets Morrison government over white spot disease outbreak
The federal government is facing a class action over alleged biosecurity breaches that led to the 2016 outbreak of white spot disease in South-East Queensland, which decimated the region’s commercial prawn industry.
Freshii takes Aussie master franchiser to court over unpaid bills
Canadian fast food restaurant Freshii is suing its Australian master franchiser for alleged "extensive failures" to pay what was owed under the franchising agreement and a decision to open eight restaurants in Australia without permission.
CFMMEU cops $554,600 penalty for coercive worksite protests
The CFMMEU and two of its officers have been hit with a $554,600 penalty for allegedly using the union's “covert industrial muscle” to pressure a New South Wales crane company to bend to its bargaining demands.
Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to back out of its construction contract for the $696 million Kwinana waste-to-energy plant, and has warned the company it faces a difficult task to persuade the court of its case.
ANZ faces new class action over retrospective interest on credit cards
The Australia and New Zealand Banking Group has been hit with a class action for having “unfair” terms in its credit card contracts that allegedly gave the bank the right to charge account holders retrospective interest.
ACCC updated policies on witnesses after ‘flawed’ bank cartel probe, court hears
A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism of investigators' methods in the cartel probe over ANZ's $2.5 billion share placement.
PwC strikes back in class action over $50M Axsesstoday prospectus
Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it “takes no responsibility” for allegedly defective offer documents.