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In a first, judge says High Court dealt CFOs a total knockout
Class Actions 2020-05-14 6:08 pm By Miklos Bolza

A judge has found that the High Court’s landmark ruling last year blocking common fund orders in the early stages of a class action also barred them from being made at the conclusion of a proceeding, departing from several recent rulings on common fund orders.

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Judge greenlights law firm’s $43M payday in VW class actions
Class Actions 2020-05-14 5:46 pm By Alison Eveleigh

After almost five years before the courts, a judge has approved an approximately $120 million settlement of five class actions against Volkswagen over the diesel emissions scandal, including a “very substantial” $43 million in fees and disbursements for one of the plaintiffs firms.

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Return-to-work anxiety looms for many lawyers
COVID-19 2020-05-13 10:30 pm By Alison Eveleigh

The prospect of returning to the office may be increasing levels of anxiety among some lawyers, who work in a profession rife with mental health issues that have only been exacerbated by the COVID-19 pandemic, according to an industry mental health manager.

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Maurice Blackburn ‘stumbled’ on confidential info used in Treasury Wine class action
Class Actions 2020-05-13 4:18 pm By Miklos Bolza

A leading class actions lawyer from Maurice Blackburn “stumbled across” allegedly confidential information embedded in a Treasury Wine Estates’ shareholder presentation and used it in the law firm’s class action pleadings, a court has heard.

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Fourth class action inquiry in six years exposes sharp divides
Class Actions 2020-05-13 12:31 pm By Christine Caulfield

A new parliamentary inquiry into the class action regime in Australia will go ahead as planned, Attorney-General Christian Porter said Wednesday, a move backed by defence firms as strongly as it was denounced by lawyers for plaintiffs.

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One case prevails in battle over competing Westpac AUSTRAC class actions
Class Actions 2020-05-12 11:13 pm By Christine Caulfield

A contest of two competing shareholder class actions against Westpac over millions of alleged anti-money laundering breaches has ended with one law firm and its funder bowing out.

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Judges pan lawyers for ‘disgracefulā€™ treatment of family shut out of Malaysia Airlines class action
Appeals 2020-05-12 9:40 pm By Alison Eveleigh

The Full Federal Court has slammed as “disgraceful” the handling of a class action claim by the family of an Australian national who was killed aboard Malaysia Airlines flight MH17, as the family appeals a decision that blocked them from participating in the settlement of the proceedings.

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Another global law firm cuts partner compensation
Business of Law 2020-05-12 5:40 pm By Cat Fredenburgh

A global law firm with two offices in Australia will temporarily suspend partner draws due to the coronavirus health crisis.

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Bupa hit with $6M penalty over broken promises to aged care residents
Competition & Consumer Protection 2020-05-12 4:44 pm By Cat Fredenburgh

Bupa Aged Care has been ordered to pay a $6 million penalty for charging customers of its aged care facilities for services it never provided, including enhancements intended to improve the quality of life for its most vulnerable residents, such as those suffering from dementia and blindness.

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AMP accused of poaching 11 employees from wealth management software company
Employment 2020-05-11 4:16 pm By Miklos Bolza

A software company is suing a subsidiary of AMP for breach of contract after the financial services firm allegedly induced 11 employees to jump ship after licensing its online advisor platform.

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