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After triumphing in beauty parade, Maurice Blackburn seeks stay of PFM’s Boral class action
Class Actions 2021-06-30 7:03 pm By Cat Fredenburgh

After winning a three-way contest to lead a shareholder class action against construction giant Boral, Maurice Blackburn is seeking to stay a competing class action by Phi Finney McDonald that was allowed to continue as a closed class action.

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S&P class action applicant resists paying security for ratings agency’s costs
Class Actions 2021-06-29 5:13 pm By Christine Caulfield

A fight is looming over a bid by S&P Global for a class action applicant to pay security for the legal costs of defending the litigation, with the applicant arguing it shouldn’t have to fork over anything.

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Former Nuix CFO, family members caught up in $17.8M insider trading probe
White Collar 2021-06-29 2:20 pm By Christine Caulfield

The corporate regulator has secured a travel ban against the brother of former Nuix CFO Stephen Doyle as it pursues a criminal investigation of alleged insider trading by the executive and his family.

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Group members can switch law firms in Monsanto class action
Class Actions 2021-06-25 1:49 pm By Miklos Bolza

A dozen group members can opt out of Maurice Blackburn’s Roundup class action against Monsanto and switch to a competing class action being run by Sydney-based LHD Lawyers that was closed and temporarily stayed in May last year.

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Nudie Juice family wants court to extinguish judgment debt
Restructuring & Insolvency 2021-06-23 2:26 pm By Cindy Cameronne

Members of the Binetter family have sued the trustees of a Nudie Juice co-founder Emil Binetter’s estate for settlement details over debts claimed against the family in a bid to extinguish any judgment debt against the estate, a court has heard.

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Super funds want price info protected in Westpac insider trading case
Financial Services 2021-06-16 2:24 pm By Christine Caulfield

Industry super funds AustralianSuper and IFM Investors – the consortium behind the interest rate swap at the centre of the corporate watchdog’s insider trading case against Westpac — have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.

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BHP loses ‘highly problematic’ bid to exclude foreign investors from class action
Appeals 2021-06-03 10:10 am By Cindy Cameronne

Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.

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Government ordered to do ‘root and branch review’ of PFAS class action defence
Class Actions 2021-05-28 11:38 pm By Cat Fredenburgh

A judge has ordered the federal government to file an amended defence in one of two class actions over its use of allegedly toxic firefighting foam on military bases, after being accused of lodging a deficient pleading.

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BHP tells Full Court class action regime only for Australian residents
Class Actions 2021-05-21 11:41 pm By Miklos Bolza

Global resources giant BHP Group has asked the Full Court to rule foreign investors should be excluded from a shareholder class action over the 2015 Fundao dam disaster, arguing the class action regime only applies to those in Australia.

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Class actions against Freedom Foods, Deloitte line up for second beauty parade since High Court nod
Class Actions 2021-05-20 10:48 pm By Miklos Bolza

The stage is set for a beauty parade of two shareholder class actions against Freedom Foods and Deloitte, and the judge overseeing the cases has embraced the recommendation of the High Court to appoint an independent barrister to represent group members in the contest.

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