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Ex-Tennis Australia director can’t enforce ‘catch-all’ subpoenas for board member emails
Ex-Tennis Australia director and current Dentons partner Steve Healy, who is facing action by the corporate regulator over the broadcast rights to the Australian Open, has lost a bid for access to six years of emails between two other former board members.
CBA’s Colonial First State faces another superannuation class action
Commonwealth Bank's wealth management unit Colonial First State has been hit with a second class action in as many days, this one alleging it charged excesssive superannuation fees to fund commissions to financial advisers.
Judge rejects $42M Murray Goulburn class action settlement, says funder’s cut too high
A judge has refused to sign off on a $42 million settlement of a class action against dairy giant Murray Goulburn, saying the commission sought by the funder appeared out of proportion to the risk and above the going rate.
Corrs retained by AMP financial planners to weigh class action
Corrs Chambers Westgarth has been retained by the AMP Financial Planners Association to weigh a possible class action against the wealth manager over its plan to cut the number of authorised advisers and retreat from a promise to buy back their businesses at a set multiple.
Target, Big W admit breaking the law in dealings with customers, ACCC says
Retailers Target and Big W have admitted they breached the consumer laws and potentially misled customers complaining about faulty Sony PlayStations and Dyson appliances, the ACCC said Tuesday.
ACCC probe to put spotlight on NBN wholesale pricing
The consumer watchdog has launched an inquiry into wholesale NBN charges paid by retailers, focusing on whether pricing for basic broadband products was fair and affordable.
With Full Court still out, judge vacates trial date in Vocation class action
Awaiting a Full Court ruling in a case involving similar claims of privilege against self-incrimination by partners at another accounting giant, the judge in a consolidated class action against PricewaterhouseCoopers over its auditing of the failed Vocation has vacated the February trial date.
‘Only briefed yesterday’: Arnold Bloch Leibler barrister raises ire in class action
Counsel for a class action against Arnold Bloch Leibler alleging negligence over advice to Slater & Gordon has criticised the law firm's barrister for seeking more time to file a possible dismissal application because he was "only briefed yesterday", saying the excuse had become an all too frequent one.
Lawyers running Bellamy’s case want to expand class to equity swap investors
One of two shareholder class actions against infant food maker Bellamy's for allegedly misleading investors about its China growth strategy and declining infant formula market share in Australia wants to expand the class definition to include purchasers of equity swaps.
Funder in Toyota class action wants up to 30% commission
The litigation funder bankrolling a new class action against Toyota over allegedly faulty filters in its diesel models is looking to earn a step-up commission of between 20 and 30 percent of any recovery in the case.