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Judge approves Bellamy’s $49.7M settlement of shareholder class actions
Class Actions 2020-03-13 11:13 am By Christine Caulfield

A judge has given his blessing to a $49.7 million settlement of two class actions that alleged infant food maker Bellamy’s misled investors about its China growth strategy and declining market share in Australia.

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Melco must produce docs to Crown Resorts inquiry, appeals court says
White Collar 2020-03-12 10:00 pm By Christine Caulfield

Hong Kong-based casino group Melco Resorts must hand over documents claimed to be privileged to a NSW public inquiry into James Packer’s Crown Resorts, with an appeals court ruling the inquiry had the power of a royal commission.

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ACCC strikes out again, loses misuse of market power case against Ramsay Health
Competition & Consumer Protection 2020-03-12 5:38 pm By Miklos Bolza

A court has tossed a case by the ACCC against Ramsay Health Care claiming that the global hospital group misused its market power by pressuring a group of doctors who planned to open their own day clinic.

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ACCC can pursue car rental company for threatening customers despite liquidation
Competition & Consumer Protection 2020-03-12 4:38 pm By Christine Caulfield

The ACCC has been given the go-ahead to continue its regulatory action against car rental company Australian 4WD Hire over allegedly threatening emails, three months after the firm went into voluntary liquidation.

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Three law firms now facing class actions over Ralan advice
Class Actions 2020-03-12 2:07 pm By Miklos Bolza

Three Sydney-based law firms are now facing claims by Australian-Chinese investors seeking over $6 million in damages for allegedly negligent advice provided about investment properties developed by the now collapsed Ralan Group.

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Merivale slams pleadings in $129M underpayment class action
Class Actions 2020-03-12 12:26 pm By Miklos Bolza

A court has ordered the lead applicant in a $129 million underpayment class action against Merivale to fill gaps in his case, after the hospitality giant complained there was insufficient information as to how the employee’s claims related to other workers.

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Cussons seeks $4.7M in indemnity costs from ACCC for ‘doomed to fail’ cartel case
Competition & Consumer Protection 2020-03-11 5:40 pm By Miklos Bolza

Personal healthcare giant PZ Cussons is seeking $4.7 million in indemnity costs from the ACCC, claiming the regulator’s much hyped spoke and hub case over an alleged laundry detergent cartel was always “overwhelmingly likely” to fail.

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Sydney law firm hit with $2M class action over Ralan property advice
Class Actions 2020-03-11 5:21 pm By Miklos Bolza

A class action seeking almost $2 million in damages has been launched on behalf of Australian-Chinese investors against a Sydney law firm over advice on investment properties sold by the now collapsed developer Ralan Group.

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Government to pay $212.5M in landmark toxic foam class action settlement
Class Actions 2020-03-11 12:13 pm By Cat Fredenburgh

The Federal Government will pay $212.5 million to settle three class actions over the use of allegedly toxic firefighting foam at government military bases.

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‘Forensic voyeurism’: Judge denies BHP bid for docs in $36M spat with insurers
Insurance 2020-03-10 8:58 pm By Miklos Bolza

A subsidiary of BHP Billiton can’t get its hands on underwriting documents in its case against Lloyd’s of London and Berkley Insurance, which are being sued by the mining giant for over $36 million after allegedly substandard equipment was installed at its Olympic Dam Mine.

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