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Dam operators found negligent in Queensland floods class actions
Class Actions 2019-11-29 11:41 am By Miklos Bolza

The NSW Supreme Court has ruled against the operators of two Queensland dams as well as the state government, finding they were vicariously liable for the negligence of flood engineers in the 2011 Southeast Queensland floods that destroyed over 2,000 homes.

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Judgment day in $1B Queensland floods class action
Class Actions 2019-11-28 3:13 pm By Cat Fredenburgh

Eight years after floods in Southeast Queensland destroyed more than 2,000 homes, a judge will deliver his ruling in two class actions seeking a record $1 billion in damages, and the decision could well come down to which of two conflicting flood modeling reports the judge sides with.

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Bellamy’s to pay $49.7M to settle shareholder class actions
Class Actions 2019-11-27 10:05 pm By Cat Fredenburgh

Infant food maker Bellamy’s has agreed to pay $49.7 million to settle two shareholder class actions alleging the company misled investors in 2016 about its China growth strategy and declining infant formula market share in Australia.

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Judge quashes watchdog’s decision to probe AWU over GetUp! donations
Employment 2019-11-26 10:43 pm By Christine Caulfield

An investigation into donations made to activist group GetUp! by the Australian Workers’ Union more than a decade ago has been closed down by a judge, who has also ordered the return of documents seized in high-profile raids of the union’s offices.

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Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
Intellectual Property 2019-11-25 9:29 pm By Christine Caulfield

Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management firm State Street in selling the law firm a replica, a court has heard.

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Judge joins two Lendlease class actions, wants one law firm to bow out
Class Actions 2019-11-21 10:30 pm By Christine Caulfield

A judge has consolidated competing shareholder class actions against builder Lendlease brought by rival plaintiffs law firms, but has rejected the firms’ bid to jointly run the litigation and says one of them must go.

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Vocation class action lumbers on with pared claims
Class Actions 2019-11-11 4:02 pm By Cat Fredenburgh

Certain claims in a shareholder class action against insolvent training company Vocation and auditor PricewaterhouseCoopers have been dropped, as the long-running case awaits a new trial date pending the outcome of a separate Full Court appeal.

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Westpac lending class action gets makeover after ASIC loss
Financial Services 2019-10-30 4:07 pm By Christine Caulfield

A class action accusing Westpac of issuing unsuitable home loans is pushing forward with overhauled pleadings after the corporate watchdog lost a related regulatory action, and the class now says it was enough that the bank failed to account for borrowers’ so-called essential expenses.

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Woolworths class action funder wants up to 35% of any recovery
Class Actions 2019-10-28 12:23 pm By Christine Caulfield

The funder backing a shareholder class action against Woolworths wants a 35 percent slice of any settlement or judgment in the $100 million case, according to its agreement with the applicants.

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Cash Converters to pay $42.5M to settle personal loans class action
Class Actions 2019-10-21 2:31 pm By Cat Fredenburgh

Cash Converters has agreed to pay $42.5 million to settle a class action brought on behalf of consumers that took out personal loans, after reaching a $16.4 million settlement last year in a class action over interest charged on short-term loans.

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