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High Court ends BHP’s campaign to exclude foreign investors from class action
Class Actions 2022-10-12 11:58 am By Christine Caulfield

BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.

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Ruby Princess COVID-19 outbreak ā€˜no accidentā€™, class action trial hears
Class Actions 2022-10-12 9:02 pm By Cindy Cameronne

A COVID-19 outbreak aboard the Ruby Princess that left 28 people dead was ā€œsomething that was very likely to happenā€ and the cruise should never have sailed, a court heard as a class action trial against Carnival PLC kicked off.

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Class action wants AMP, Clayton Utz emails over controversial fees for no service report
Financial Services 2022-10-12 2:57 pm By Sam Matthews

A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly went through 25 rounds of edits with the wealth manager’s inhouse lawyers before being presented to the corporate regulator as independent.

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Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Financial Services 2022-10-12 11:06 am By Sam Matthews

Investors in Mayfair Groupā€™s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fundā€™s trustee misled unit holders.

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‘Utterly hopeless’: Ex-commando pans ABC’s truth defence to war crimes coverage
Defamation 2022-10-12 3:40 pm By Cindy Cameronne

A former special forces commander who has sued the Australian Broadcasting Corporation over stories that allegedly imply he committed war crimes in Afghanistan is seeking to throw out the broadcasterā€™s truth defence, a court has heard.

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Mayfair’s James Mawhinney wants High Court to shut down ASIC case
Appeals 2022-10-12 9:43 pm By Sam Matthews

The founder of beleaguered investment group Mayfair 101, James Mawhinney, has asked the High Court to overturn his own successful Full Court appeal of a decision that saw him banned from soliciting funds or promoting any financial product for 20 years.

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Rival takes down Saputo Dairy’s ‘Ascend’ trade mark
Food and Beverage 2022-10-12 10:56 pm By Cat Fredenburgh

US-based mozzarella giant Leprino Foods has succeeded in removing Canadian dairy company Saputo’s ‘Ascend’ trade mark for non-use.

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Funderā€™s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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Former SMEC employees charged over foreign bribery conspiracy
Transportation & Infrastructure 2022-10-11 2:30 pm By Christine Caulfield

Two former employees of the Snowy Mountain Engineering Corporation have appeared in court facing foreign corruption charges linked to Sri Lankan infrastructure projects worth $14 million.

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PTTEP’s appeal of class action ruling delayed as lawyers, funder engage in secret stoush
Class Actions 2022-10-11 11:45 pm By Christine Caulfield

PTTEP Australia’s appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.

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