IMF Bentham-backed CBL claim to collide with LPF-backed suit

IMF Bentham-backed CBL claim to collide with LPF-backed suit
Jenny Ruth
Law firm Glaister Ennor and Australian litigation funder IMF Bentham applied to the High Court on Monday to start a class action against CBL Corp on behalf of Basil Ian Livingstone and others who collectively own about 14 percent of the failed insurer. That puts the suit on a collision course with another funded by local litigation funder LPF Group and backed by CBL's major institutional shareholders Harbour Asset Management, Australia-based Argo Investments and broking firm Forsyth Barr. A crucial difference is that the LPF-backed suit i...

More Law & Regulation

Court allows Port of Tauranga fast-track panel to proceed
Infrastructure

Court allows Port of Tauranga fast-track panel to proceed

Bay of Plenty hapū had been seeking interim relief as part of judicial review.

Oliver Lewis 25 Jul 2025
Bathurst fails to strike-out Talley's claims
Markets

Bathurst fails to strike-out Talley's claims

Talley's is alleging Companies Act breaches by its coal JV partner.

Pattrick Smellie 25 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
Spotlight on conduct outside the workplace
Law & Regulation

Bronwyn Heenan: Spotlight on conduct outside the workplace

I was impressed with the way Astronomer dealt with the Coldplay kiss cam issue.

Bronwyn Heenan 25 Jul 2025