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ANZ, OnePath to pay $50M in super class action settlement
Settlement 2024-10-03 11:19 pm By Christine Caulfield

Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.

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Blue Sky founder’s claims against ASIC thrown out as ‘untenable’
Securities 2024-10-03 11:41 pm By Andy Sidler

A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.

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Pianist sues Melbourne Symphony for cancelling show over Gaza remarks
Human Rights 2024-10-03 11:37 pm By Cindy Cameronne

Concert pianist Jayson Gillham is suing the Melbourne Symphony Orchestra, claiming it discriminated against him by cancelling a performance over comments on the Gaza conflict.

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Eli Lilly loses bid for ‘>Hair’ trade mark
Intellectual Property 2024-10-03 2:51 pm By Andy Sidler

US drug giant Eli Lilly cannot register a trade mark consisting of the word ‘hair’ preceded by the ‘greater-than’ symbol, despite winning registration in the UK, Switzerland and New Zealand.

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MinterEllison nabs construction litigation partner from KWM
Business of Law 2024-10-03 11:33 pm By Sam Matthews

MinterEllison has lured a King & Wood Mallesons litigation veteran to bolster its construction practice.

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Thomson Geer snags employment team from KPMG Law
Business of Law 2024-10-03 2:35 pm By Cindy Cameronne

Thomson Geer has lured an employment law partner and his team from KPMG’s legal services division after the consulting firm announced it was shutting down its commercial law practice. 

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ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

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Judge from Maurice Blackburn should not hear Fletcher class action, court told
Class Actions 2024-10-02 11:20 pm By Cindy Cameronne

A judge should be disqualified from hearing a class action against Fletcher Building because of his previous association with the funder, as well as public remarks he made as a plaintiffs’ solicitor, a court has heard. 

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ANZ, OnePath reach 11th-hour settlement in class action
Class Actions 2024-10-02 11:43 pm By Christine Caulfield

A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.

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Qube wins $40M cut to sum owed to logistics hub subcontractor
Transportation & Infrastructure 2024-10-02 11:39 pm By Sam Matthews

Logistics giant Qube has won a $40 million cut to amounts owed to Martinus Rail in a dispute over construction of the Moorebank terminal project in Sydney’s west.

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