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Albanese government welcomes class action funder’s defeat of MIS regulation
Class Actions 2022-06-17 10:48 pm By Christine Caulfield

The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class […]

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Full Court finds class actions are not managed investment schemes
Class Actions 2022-06-16 10:43 am By Cindy Cameronne

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory […]

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MIS regime ‘just cannot work’ for class action funding arrangements, court told
Class Actions 2022-05-25 10:46 pm By Christine Caulfield

A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court […]

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AMP denies acting unconscionably by charging dead customers for life insurance
Financial Services 2022-05-10 9:50 pm By Cindy Cameronne

AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate […]

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Court appoints contradictor in class action funder’s challenge to MIS rules
Class Actions 2022-03-22 3:59 pm By Miklos Bolza

The Full Federal Court has appointed a contradictor to “take up the cudgels” against funder Litigation Capital Management, which has challenged a judgment refusing to […]

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Funder of Qld energy class action takes on MIS rules in appeal
Class Actions 2021-12-16 7:00 pm By Miklos Bolza

A litigation funder has taken aim at a landmark judgment in an appeal of a ruling that found its funding arrangement with group members in […]

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Judge throws out challenge to funding for Queensland energy class action
Class Actions 2021-11-17 10:09 pm By Miklos Bolza

A judge has thrown out a lawsuit that argued the funding for a class action against two Queensland energy generators didn’t comply with new regulations […]

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice […]

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ACCC wins $1.5M penalty against sporting goods retailer Decathlon
Competition & Consumer Protection 2021-08-17 10:01 pm By Bianca Hrovat

International sporting goods giant Decathlon has been ordered to pay a $1.5 million penalty for selling hundreds of basketball hoops and inflatable swimming pools that […]

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Grocon ‘reluctantly’ puts construction biz into administration
Construction 2020-11-20 4:39 pm By Miklos Bolza

Property developer Grocon has “reluctantly” put its construction business into administration, blaming the NSW government’s handling of the Central Barangaroo development project which has sparked […]

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