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Quintis cases latest battleground over competing class actions
Class Actions 2018-07-10 10:05 pm By Miklos Bolza

Multiple class actions against troubled sandalwood oil producer Quintis will soon compete to stay alive after a court heard Tuesday the company would bring an application to stay or consolidate the cases.

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ASIC asks Westpac: What happened to Colin ‘the Rat’ Roden?
Financial Services 2018-07-09 11:07 pm By Christine Caulfield

The Australian Securities and Investments Commission wants documents from Westpac Banking Corp. detailing how it disciplined rogue traders, including Colin ‘the Rat’ Roden, at the centre of a scandal to influence the benchmark Bank Bill Swap Rate.

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Former CEO sues Bellamy’s in $1.2M share dispute
Employment 2018-07-09 9:27 pm By Miklos Bolza

The former CEO of organic baby food producer Bellamy’s Australia has sued her old employer over $1.2 million in options allegedly owed as part of a long-term financial incentives scheme.

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Octaviar investors appeal toss of class action against Queensland’s Public Trustee
Class Actions 2018-07-06 11:05 pm By Cat Fredenburgh

Investors in the failed Gold Coast finance group Octaviar are challenging a decision throwing out their class action, which alleged the Public Trustee of Queensland deserved some of the blame for their massive losses.

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ACCC loses coal tender cartel case, but reasons suppressed
Competition & Consumer Protection 2018-07-06 10:10 pm By Miklos Bolza

The Australian Competition & Consumer Commission’s high profile case alleging cartel conduct and bid rigging for mining exploration licences in NSW was dismissed by the Federal Court on Friday, but the reasons for dismissal may not be known for another year.

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Full Court tosses appeal in copycat case over sheep placenta oil
Competition & Consumer Protection 2018-07-06 9:38 pm By Christine Caulfield

Australian drug company Homart Pharmaceuticals has lost an appeal of a ruling that found the packaging of its bio-placenta skin care oil was intentionally and deceptively similar to a rival’s get-up, in breach of the consumer law.

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Ford class action lawyers want ban on car maker talking to drivers
Class Actions 2018-07-06 3:36 pm By Christine Caulfield

The law firm leading a consumer class action against Ford wants a court order barring the car giant from communicating with the class about their individual claims and wants to know which, if any, group members it’s already spoken to.

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Global biotech CSL loses appeal after sacking sick employee
Employment 2018-07-05 11:36 pm By Miklos Bolza

Biotech giant CSL has lost its challenge to a Fair Work Commission decision that found it unfairly sacked one of its workers deemed too sick to carry on with his duties.

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Class seeks to slash Quinn Emanuel, Vannin’s fees by millions
Class Actions 2018-07-04 10:52 pm By Miklos Bolza

The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have their costs slashed by millions of dollars, saying their fees left little of the settlement for group members.

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ASIC opens Whitebox trial, keeps judge on toes
Securities 2018-07-02 11:06 pm By Miklos Bolza

The trial in ASIC’s complex share market manipulation action against Whitebox Trading began Monday, with an opening submission by the corporate regulator that at times had even the presiding judge scratching his head.

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