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Judge shoots down Sirtex bid for class closure order
Class Actions 2018-09-27 10:03 pm By Cat Fredenburgh

A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the next month, saying a class-closure order could dramatically cut down on the size of the class.

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AGM denied anti-suit injunction to block ASIC case
Financial Services 2018-09-27 9:41 pm By Cat Fredenburgh

A judge has shot down a request by financial services company AGM that the court halt an ASIC  proceeding seeking to revoke its financial services licence while a Federal Court case against it progresses.

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Equifax to pay $3.5M for ‘disgraceful’ conduct
Competition & Consumer Protection 2018-09-27 8:48 pm By Miklos Bolza

A judge has signed off on a $3.5 million settlement in a case brought by the consumer watchdog against Equifax Australia, with the credit reporting company admitting it made misleading claims in selling paid credit packages to vulnerable consumers.

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Sydney Theatre Company waited 18 months before acting on Geoffrey Rush sexual harassment claim, court hears
Defamation 2018-09-26 10:42 pm By Miklos Bolza

A lawyer for Geoffrey Rush told a judge Wednesday that the Sydney Theatre Company did not commence an investigation into allegations of sexual harassment by Geoffrey Rush until 18 months after an actress made the complaint during a “off-the-record” conversation in a bar.

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Co. director stung by landmark privilege ruling can’t delay trial
Corporate 2018-09-26 9:38 pm By Christine Caulfield

A company director who was on the losing end of a precedent-setting legal privilege ruling, along with law firm Macpherson Kelley, has lost a bid to halt the start of a trial over a failed joint venture while she searches for funding for new lawyers.

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HarperCollins looks to put deep sleep therapy defamation case to bed
Defamation 2018-09-26 8:27 pm By Miklos Bolza

HarperCollins has asked the Federal Court to toss a defamation case brought against it by two psychiatrists at the centre of the deep sleep therapy scandal that rocked the medical world in the 1960s and 70s, saying too much time had passed since the scandal.

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Showdown looms as BHP faces 3rd class action over Brazil mine disaster
Class Actions 2018-09-25 10:59 pm By Christine Caulfield

BHP Billiton has been hit with a third class action in Australia over the 2015 dam failure at its Samarco mine in Brazil, and the lead applicant in the latest case — one of the biggest pension funds in the US — has a lot at stake.

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Watchdog wants $505K penalty for union’s poor record-keeping
Employment 2018-09-25 10:26 pm By Miklos Bolza

The Registered Organisations Commissioner is seeking a $505,000 penalty against the CEPU for record-keeping breaches, despite the union’s claim that the conduct was not deliberate.

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ATO fights for $744M from re-registered Bell Group cos.
Restructuring & Insolvency 2018-09-25 9:46 pm By Miklos Bolza

The fallout over the collapse of Alan Bond’s Bell Group of companies more than two decades ago rages on in the Federal Court, with the Australian Taxation Office in a battle for $744 million it claims is owed by the the now re-registered firms. 

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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Securities 2018-09-25 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.

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