Most Recent
Trial vacated in add-on insurance class action against Suncorp’s AAI
A court has vacated a trial set to begin Monday in the class action against Suncorp unit AAI over add-on insurance, suggesting a settlement is in the works.
AAI class action trial delayed as firm waits for $1.7M bank guarantee
Trial in a class action against Suncorp unit AAI over add-on insurance has been delayed as Maurice Blackburn works to secure a NAB bank guarantee to satisfy a $1.7 million security for costs order.
NAB super fund trustee says failed class action rejected $25M offer
Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.
ASIC can bring case against Rex Airlines, directors
ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company's financial position.
IC Markets CEO hit with guillotine orders for filing defence
A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.
NAB super trustee free to use $165M fees ‘as it saw fit’, class action judge says
In the latest class action loss, a judge has said that $165 million in fees charged to members by NAB super fund trustee NULIS Nominees was corporate revenue “with which it was free to deal as it saw fit".
Class action against NAB super fund trustee fails
A class action against NAB unit NULIS Nominees over adviser fees charged to superannuation fund members should be dismissed, a judge has found.
Renegotiated Merivale class action settlement OKd, solicitors’ share cut
A court has approved a $19.25 million settlement renegotiated by Adero Law in proceedings against hospitality giant Merivale, but has cut more than $400,000 from the firm’s share.
Class action firm breaches costs disclosure rules again, fights penalty
The law firm running a class action against hospitality giant Merivale wants a court to waive a penalty for its failure -- once again -- to properly disclose its fees.
Class action dropped against Westpac unit, applicant to get $1.5M costs
A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out.