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$27M penalty for ‘extensive and systematic’ failures by CBA units
Commonwealth Bank units CommSec and Australian Investments Exchange have been ordered to pay more than $27 million for “serious and unacceptable” system failures that led to excessive fee charges for customers.
Facebook flags potential conflict of interest in cryptocurrency ad class action
Facebook owner Meta wants to uncover the basis on which crypto tokens have been issued to bankroll a class action over its 2018 ban on cryptocurrency ads, citing the potentially conflicted interests of the self-represented lead applicant.
Charges laid against Brisbane lawyer over $4.5M money laundering scheme
A prominent criminal lawyer has been charged with supplying millions of dollars in criminal proceeds as part of a $4.5 million money laundering scheme.
Kanye West takes beef with Melbourne restaurant to court
Melbourne restaurant College Dropout Burgers has been hit with a lawsuit by Kanye West for allegedly using the controversial rapper's name and likeness without permission.
Class action against NAB over Walton collapse can’t add insolvent trading claim
A judge has rejected a bid to add an insolvent trading claim to a $78 million class action over the collapse of Walton Construction, citing “extraordinary” delays in the three-year-old case.
Law firm can’t amend defence in negligence case by teacher wrongly jailed for abuse
A law firm, who along with Piper Alderman and one other firm, is being sued for negligence by a schoolteacher wrongly jailed for the indecent assault of two children has lost a bit to amend its defence at the commencement of the trial.
Judge doubts Lachlan Murdoch’s claim that media ‘sold a pup’ with defamation reforms
A judge has rejected Lachlan Murdoch’s claim that the media has been ‘sold a pup’ with a new public interest defence that Crikey's publisher has deployed in the Fox News CEO's defamation suit over an article about the January 6 attack on the US Capital.
AMP wins dispute with insurer Willis over Sydney lease
AMP Capital Investors has won a property spat with insurance broker Willis Australia, which a judge found was not entitled to withdraw a notice to take a lease of office space at Angel Place on Pitt Street in Sydney’s CBD.
Bingo Industries’ former CEO pleads guilty to price fixing
The former managing director and CEO of Bingo Industries has pleaded guilty to aiding and abetting the waste company in fixing prices for demolition waste services in Sydney.
Thomson Geer lures partner for construction team
Thomson Geer has snagged a construction disputes specialist from Clayton Utz to bolster its growing construction team in Sydney.