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KPMG’s push to move Arrium class action to NSW goes south
Class Actions 2022-11-18 11:43 pm By Christine Caulfield

The High Court has dismissed an application by accounting giant KPMG to transfer a class action over the collapse of mining company Arrium from Victoria to NSW.

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Insurer on hook for breast implant class action costs after High Court snub
High Court 2022-11-18 11:18 pm By Cat Fredenburgh

Avant Insurance has lost its bid to challenge a ruling which put it on the hook for indemnifying a plastic surgeon in class action proceedings over allegedly botched breast augmentations at a defunct NSW clinic.

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No contradictor in law firm’s second bid for GCO in ANZ, Westpac class actions
Financial Services 2022-11-18 5:16 pm By Cindy Cameronne

ANZ and Westpac have failed in their bid for a contradictor to weigh in on a contingency fee bid in two class actions, as the law firm that lost the first ever application for a group costs order tries again.

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GetSwift liquidators flag challenge to settlement in ‘disastrous’ class action
Class Actions 2022-11-17 4:18 pm By Cindy Cameronne

Liquidators of failed tech company GetSwift have foreshadowed an objection to a $1.5 million settlement going to shareholders in a class action that a judge has labelled a “disaster”.

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‘Very troubling indeed’: Judge orders law firm to itemise bill after backdating fee agreement
Business of Law 2022-11-17 10:59 pm By Christine Caulfield

A personal injury law firm has been ordered to itemise a “very substantial” $470,000 bill more then four years after it was rendered to a client, who was asked by the firm’s in-house barrister to sign a backdated costs disclosure agreement.

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High Court to weigh in on penalties for foreign bribery violations
High Court 2022-11-17 11:49 pm By Cat Fredenburgh

The High Court has agreed to hear prosecutors’ appeal of a “manifestly inadequate” $1.35 million penalty against an engineering firm for bribing foreign officials in Vietnam to secure $10 million in infrastructure contracts.

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Blue Star Helium’s former CEO stuck with ban after High Court rejects appeal
Appeals 2022-11-17 9:16 pm By Cat Fredenburgh

The High Court has turned down the appeal of the former Blue Star Helium CEO who was hit with a $40,000 penalty and four-year ban after the company failed to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.

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In blow for Acciona, court won’t declare COVID-19 a force majeure event
Energy & Natural Resources 2022-11-16 4:59 pm By Cindy Cameronne

A judge has refused to declare COVID-19 a force majeure event in a loss for Spanish infrastructure giant Acciona, which seeks to back out of a construction project for a $696 million Kwinana waste-to-energy plant.

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Former van Eyk Research CEO sentenced over plot to keep control of firm
Financial Services 2022-11-16 11:12 pm By Christine Caulfield

Former CEO of failed van Eyk Research has been sentenced to 15 months’ imprisonment after admitting he breached his duties as director of a subsidiary to dishonestly retain control of the company.

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Companies linked to Banksia class action fraudsters should pay up, court told
Class Actions 2022-11-15 3:22 pm By Christine Caulfield

Dead or broke, the class action lawyers who schemed to defraud investors in failed Banksia Securities should not escape a $21 million judgment for damages and costs, a court has heard.

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