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Westpac, ASIC feud over scope of financial services in Ausgrid insider trading case
Westpac has hit back at a bid by ASIC to add an allegation to the regulator's insider trading case that hinges on the bank providing financial services when it traded on the morning of a $16 billion deal to privatise electricity provider Ausgrid.
BCC can bring claims against three Greensill units
Insurer Bond & Credit Company has overcome an administrator's protests and won leave to bring cross-claims against three Greensill entities in lawsuits over the financing firm’s $1.7 billion collapse.
Toyota can’t overturn defect ruling, but wins cut to damages in diesel filter class action
An appeals court has partially sided with Toyota in a challenge to the damages bill assessed by a judge in a class action over defective diesel filters, saying the reduction in value of affected cars should be assessed at 10 per cent, not 17.5 per cent, of the price paid by motorists.
Court needs novel approaches for class actions or ‘system will collapse’, judge says
A judge overseeing a competition class action against Queensland power companies Stanwell and CS Energy has warned that judges need to be inventive in how they manage large group proceedings, otherwise the “system will collapse”.
Court to hear bid to join insurers to class action against Blue Sky, EY
The insurers of Blue Sky Alternative Investments are fighting a bid to be joined to a consolidated investor class action against the company and its auditor, EY.
ABC to rethink truth defence in defamation case by ex-commando Heston Russell
A judge has sent the ABC away to rethink its truth defence to claims in a case brought by former Army major Heston Russell that alleges two articles in 2021 defamed him by suggesting among other things that he was involved in murdering an Afghan prisoner.
Judge slams ‘fishing expedition’ for AFP report in Lehrmann defamation case
A judge has rejected a bid by The Project presenter Lisa Wilkinson to discover a 39,000-page AFP report outlining the contents of accused rapist Bruce Lehrmann’s phone, calling it “a classic fishing expedition.”
Firm must compete to administer $192.5M PTTEP class action settlement
The law firm that ran a class action over the 2009 Montara oil spill must compete to administer a $192.5 million settlement, with a judge saying a tendering process is consistent with the court's "protective and supervisory role" in managing costs deducted from class action settlements.
‘Got any gear’: Court releases Lehrmann texts on day Higgins rape claims aired
Accused rapist Bruce Lehrmann texted friends "you got any gear" and "need bags" on the day former Liberal staffer Brittany Higgins went public with rape allegations on an episode of The Project.
With ‘hesitation’, judge OKs $300M settlement in J&J class actions
A judge has approved a $300 million settlement in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon -- the largest settlement in the history of Australian product liability group proceedings -- but a $100 million deduction for legal costs has yet to get the greenlight.