Colonial First State, AIA settle class action for $140M

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Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.

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Law firm client loses High Court case over interest on repaid fees

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The High Court has dismissed a case by a law firm client who claimed he was entitled under the law of restitution to $1.4 million in interest on a $900,000 sum his lawyers repaid in a fight about legal fees.

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Judge questions ratcheted contingency fee in MinRes class action

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A judge has questioned the tiered structure of a group costs order sought by the law firm running a class action against Mineral Resources, but the firm argued Wednesday it would need the highest rate if a flat fee were ordered.

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GrainCorp class action settlement off table, trial back on

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The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.

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Reddit, Kick to be included in kids social media ban

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The world-first ban on kids accessing social media will extend to online discussion platform Reddit and live-streaming service Kick, and more platforms could be added to the “dynamic” list, which is subject to review by the eSafety commissioner.

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ASIC mulls appeal in conflicted remuneration case against ex-Freedom boss

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ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.

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In defamation case, prior reputation pleading not required for serious harm claim: judge

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A judge has refused to strike out claims of serious harm in a defamation case by a pro-Israel activist against the owner of Sydney restaurant Cairo Takeaway, finding the activist did not need to plead to his prior reputation.

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Fired JLL execs sue The Australian publisher for defamation

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Two axed executives of real estate broker Jones Lang LaSalle have sued the publisher of The Australian over articles they say destroyed their professional reputations and cost them up to $15 million each in earnings.

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Gillis Delaney dodges third-party costs bid in IP dispute

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Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably. 

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Meta wins opposition to ‘Reelstar’ trade mark

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Meta has successfully opposed an Australian start-up’s ‘Reelstar’ trade mark, with a delegate finding it was too similar to the social media company’s mark for its short-form video brand Reel.

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