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Westpac class action beauty parade is on after new suit filed
Class Actions 2020-03-13 10:45 am By Cat Fredenburgh

Westpac has been hit with another class action over alleged anti-money laundering breaches, teeing up a high-stakes beauty parade over which firm will lead the class action against the bank.

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Contingency fees will compromise lawyers’ ethics, peak legal body warns
Class Actions 2020-03-13 12:27 am By Christine Caulfield

The Law Council of Australia has come out against proposed Victorian legislation that would allow lawyers to charge contingency fees, saying lifting the current ban would compromise solicitors’ ethical duties to their clients.

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Melco must produce docs to Crown Resorts inquiry, appeals court says
White Collar 2020-03-12 10:00 pm By Christine Caulfield

Hong Kong-based casino group Melco Resorts must hand over documents claimed to be privileged to a NSW public inquiry into James Packer’s Crown Resorts, with an appeals court ruling the inquiry had the power of a royal commission.

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ACCC strikes out again, loses misuse of market power case against Ramsay Health
Competition & Consumer Protection 2020-03-12 5:38 pm By Miklos Bolza

A court has tossed a case by the ACCC against Ramsay Health Care claiming that the global hospital group misused its market power by pressuring a group of doctors who planned to open their own day clinic.

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Four law firms send staff home amid coronavirus fears
Business of Law 2020-03-12 3:26 pm By Christine Caulfield

The number of law firms forcing staff to work remotely in response to concerns about exposure to the new coronavirus has grown, with four firms making the decision Thursday to shut down floors or whole offices.

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‘I wish they’d bloody get on with it’: Victoria’s AG impatient for passage of contingency fee bill
Class Actions 2020-03-11 10:10 pm By Christine Caulfield

Victorian Attorney-General Jill Hennessy is “cautiously confident” that her bill allowing lawyers in the state to charge contingency fees will pass as early as next week, but the class action reform couldn’t come soon enough, she says.

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Sydney law firm hit with $2M class action over Ralan property advice
Class Actions 2020-03-11 5:21 pm By Miklos Bolza

A class action seeking almost $2 million in damages has been launched on behalf of Australian-Chinese investors against a Sydney law firm over advice on investment properties sold by the now collapsed developer Ralan Group.

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ASIC wins High Court appeal over meaning of corporate ‘officer’
Appeals 2020-03-11 12:57 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has scored a victory before the High Court, with the court unanimously finding that the term “officer” under the Corporations Act is not limited to those that hold official positions within a company.

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Government to pay $212.5M in landmark toxic foam class action settlement
Class Actions 2020-03-11 12:13 pm By Cat Fredenburgh

The Federal Government will pay $212.5 million to settle three class actions over the use of allegedly toxic firefighting foam at government military bases.

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Federal Court grapples with own practice note in IAG insurance class action
Class Actions 2020-03-10 4:59 pm By Miklos Bolza

With the common fund order tossed in a class action against two IAG entities over allegedly worthless add-on insurance, a Federal Court judge on Tuesday was asked to grapple with a practice note in determining when to notify group members of a possible order to “equitably and fairly” distribute the legal costs and funding commission in the proceedings.

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