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IAG pitches benefits of RACWA tie-up, offers sweeteners to ACCC
IAG said Wednesday it had offered a range of commitments to sweeten its proposed $1.35 billion merger with vehicle insurer RACWA as it promotes the benefits of the union to the competition regulator.
Toyota to pay $750M in largest ever class action settlement
Toyota has agreed to pay $750 million to settle two class actions over defective diesel filters following a significant win in the High Court over the calculation of damages, the biggest settlement in Australia's class action history.
Judge rejects ‘paternalistic’ suppression bid over Toyota pact
A judge has panned a claim that details about a $750 million class action settlement by Toyota might cause "stress and anxiety", in a decision that reveals how much drivers can expect on average from the record sum.
a2 Milk loses bid for removal of 23-year-old trade mark
a2 Milk Company has failed in its bid for removal of a Victorian farmer's trade mark, which includes the symbol 'A2', with IP Australia saying steps taken in preparation for selling products under the mark met the bar for use.
OAIC to continue probe of Optus representative complaint
The privacy regulator has made a preliminary decision to continue an investigation of a class action-style complaint over the 2022 Optus data breach, despite launching its own case.
Construction PRO
Buildstruct director wins appeal over joinder in defects suit
The director of a builder behind an apartment block in Melbourne's Caulfield South has won a challenge to a decision adding him as a respondent in a defects case brought by the development's owners corporation.
White Oak ordered to pay $13M in security for Greensill trial
After baulking at paying for their Rolls-Royce defence, Greensill investor White Oak has been ordered to pay a total of $13 million in security to insurers IAG, Tokio Marine and BCC for their costs of a 35-day trial.
Ford hit with transmission defects class action
Ford faces a product liability class action alleging the car giant sold vehicles with defective transmission that resulted in loss of power, shuddering gearboxes and grinding gear changes.
Construction PRO
Glencore deed not unprofitable because liquidators want better deal: court
Tossing a case by Tahmoor Coal's liquidators over a royalty deed that gave Glencore payments in perpetuity and impacted the company's sale price, an appeals court has found the deed was not unprofitable just because creditors might get a better return without it.
Capco mulls suit against NTT Data, ex-employee
Tech and management consultancy Capco has won preliminary discovery as it considers whether it has a case against a former senior employee who resigned to work for rival NTT Data.