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Tabcorp suing ATO over $538M in deductions
Article 2021-07-13 3:15 pm By Cat Fredenburgh

Tabcorp and its Tatts unit have filed three proceedings against the ATO this year, with the gambling giants asking the court to allow a total of $538 million in deductions for gambling licences in three states over three financial years.

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Law firms reverse course on novel alternative to beauty parade in Allianz class actions
Insurance 2021-07-13 1:13 pm By Cat Fredenburgh

Two law firms running competing class actions against insurance giant Allianz have dropped a plan to resolve the duplication by jointly running just one of the cases, opting for consolidation instead.

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Banks can’t suppress judgment on defective indictment in ANZ cartel case
Competition & Consumer Protection 2021-07-12 1:05 pm By Christine Caulfield

Investment banks accused in the criminal cartel case over a $2.5 billion ANZ share placement will not lose their right to a fair trial with the release of a judgment finding the prosecutors’ indictment deficient, a judge has ruled.

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CDPP sent back to the drawing board to address ‘defects’ in ANZ cartel case
Competition & Consumer Protection 2021-07-07 6:24 pm By Miklos Bolza

A judge has ordered the Commonwealth Director of Public Prosecutions to file a replacement indictment to address defects in the document at the centre of its criminal cartel case over a $2.5 billion ANZ share placement in August 2015.

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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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Arrium settlement was a ‘substantial compromise’, judge says
Restructuring & Insolvency 2021-07-05 4:05 pm By Cat Fredenburgh

A settlement reached in a lawsuit by the liquidators of collapsed steel giant Arrium against 10 former company directors accused of insolvent trading has been approved by a judge, who noted that while the settlement amount was “substantial”, the deal involved a “substantial compromise”.

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Adverse finding against Judge Vasta would face ‘inevitable’ challenge, court hears
Courts 2021-06-24 4:17 pm By Miklos Bolza

A judge hearing a lawsuit against Federal Circuit Court Judge Salvatore Vasta over alleged wrongful imprisonment has heard that a finding putting the Commonwealth on the hook for future jurisdictional errors by judges would meet an “inevitable” appeal.

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AMP launches bid to declass excessive insurance class action
Class Actions 2021-06-18 12:03 pm By Miklos Bolza

AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine Lawyers over allegedly excessive insurance premiums.

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KWM’s Kione Johnson could ‘build a dam’ after leading role in floods class action
Litigation Rising Stars 2021-06-17 11:40 pm By Miklos Bolza

Juggling a promising legal career and being the mother of two small children, King & Wood Mallesons’ Kione Johnson, who was the lead senior associate for dam operator Seqwater in the complex Queensland floods class action, revels in the “constant state of chaos” of her daily routine.

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Victoria drops out of combustible cladding class actions
Class Actions 2021-06-16 11:00 pm By Cat Fredenburgh

The state of Victoria has opted out of two class actions over allegedly combustible cladding, after agreeing to join as a group member last year.

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