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Lloyd’s loses bid for quick dismissal of NAB’s $655M insurance lawsuit
Three syndicates of Lloyd's London have failed in their bid to toss a case brought by National Australia Bank seeking £357 million ($655 million) in insurance claims relating to two consumer redress schemes in the UK.
ACCC loses case against Woolworths over ‘eco’ plate claims
The Australian Competition and Consumer Commission has lost a consumer case against Woolworths, with the Federal Court finding the supermarket giant's  environmental claims for its line of disposable plates, bowls and cutlery were accurate, not false and misleading.
Samsung in hot water with ACCC over water resistant claims
The Australian Competition & Consumer Commission has commenced legal action against Samsung Electronics for allegedly making false, misleading and deceptive representations when marketing the water resistant capabilities of its Galaxy smartphones.
Debt-laden fintech Squirrel can’t block receiver appointment
A judge has refused to grant an injunction stopping the appointment of receivers to Australian cloud-based superannuation fund manager SMSF Squirrel Ltd, describing the company’s financial position as “precarious” and likely to worsen beyond its current liabilities of $7.8 million.
Michaelia Cash denies referring union donation to watchdog to hurt Bill Shorten
Liberal Senator Michaelia Cash has denied she referred concerns about a $100,000 donation by the Australian Workers' Union to the union watchdog to damage Labor leader Bill Shorten, telling a court Friday her referral was "in the public interest".
Aurizon wins bid for Qube docs in ACCC case
Aurizon has won a request to view documents from Qube Holdings in the ACCC's case alleging it reached an anti-competitive agreement with Pacific National for the sale of its intermodal freight business, as it pushes back against the competition regulator's claim that there were other buyers vying for the business.
Ex-Titan head must provide evidence in insulation class action
A judge has ruled the former head of Titan Industries must provide evidence in the class action trial over the Rudd Government's cancellation of a program that subsidised home insulation installations, saying there was no proof his testimony could be used to bring a criminal case or reopen a coronial inquest into the death of a Titan contractor.
Government gets ok to amend defence mid-trial in home insulation class action
The government has won court approval to amend its defence mid-trial in a class action brought by businesses alleging they were harmed when the Rudd Government cancelled a program that subsidised home insulation installations during the economic downturn.