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Managed investment scheme rules stall $78M class action against NAB, Walton
A $78 million class action against National Australia Bank and Walton Construction seeking compensation for sub-contractors after the company's collapse has halted as lawyers scramble to comply with the managed investment scheme requirements for funded class actions implemented by the Morrison government.
Mayfair 101’s James Mawhinney says lawyers OK’d alleged misleading conduct
The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice approving the company’s advertising of financial products that a court has found misled investors.
COVID-19 vaccination challenger denied access to NSW government’s deliberations
A judge has ruled legal challenges to orders requiring COVID-19 vaccines for certain workers in New South Wales are not exceptional enough to warrant the disclosure of cabinet documents, with the judge noting he did not think the state health minister's orders made vaccines "mandatory".
ASIC seeks ‘very substantial’ $12M penalty against Mayfair
The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled investors about its financial products.
Honda dealers win discovery for possible lawsuit over decision to ditch dealership model
Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker's decision earlier this year to abandon a dealership model in Australia.
ASIC’s first COVID-19 case against lender ‘sufficiently clear’, judge says
Personal lender ClearLoans has lost its bid to strike out claims in ASIC’s first case related to the COVID-19 pandemic after a judge found the regulator’s action, which accuses the lender of breaching the hardship provisions of the credit laws, was “sufficiently clear”.
Challenges to jab mandate for ‘perfectly healthy people’ exceptional, court told
Cases challenging the NSW government's COVID-19 vaccination mandate for the state's police officers, teachers and healthcare workers are exceptional enough to warrant production by the government of documents presented to state cabinet before the public health order, a court has heard.
Santos wins appeal in $475M dispute with Fluor over gas contracts
Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.
Government can’t cut ‘stolen’ from notice about stolen wages class action
While acknowledging it was a ‘loaded’ word, a judge has rejected a bid by the federal government to edit out the word 'stolen' from a notice to members of the third stolen wages class action brought by Shine Lawyers.
GetSwift settlement gives class action members $1.5M, slice of raised capital
Logistics company GetSwift's settlement of a shareholder class action will see group members share in $1.5 million cash plus access to further funds and revenue raised by the company over a three-year period.