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Westpac can’t keep lid on total premiums paid in ‘junk’ insurance class actions
Westpac has lost a bid to keep group members in the dark about the premiums paid for allegedly worthless consumer credit insurance, information the bank said could inflate expectations about settlements worth $126 million reached in three class actions.
Westpac opposes ‘premature’ notice of $126M class action settlement
Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.
No contradictor in law firm’s second bid for GCO in ANZ, Westpac class actions
ANZ and Westpac have failed in their bid for a contradictor to weigh in on a contingency fee bid in two class actions, as the law firm that lost the first ever application for a group costs order tries again.
Nuix drags PwC into shareholder class action over $1.8B IPO
Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company's defence to a class action over a prospectus for its $1.8 billion IPO two years ago.
High Court won’t hear appeals in COVID-19 business interruption test cases
An appeals court's "radical" approach in the treatment of JobKeeper payments won't be scrutinised by the High Court, which on Friday declined to hear an appeal by IAG in the second set of COVID-19 business interruption test cases.
ANZ close to settling class action over ‘junk’ add-on insurance
Insurer QBE has settled a class action over ANZ's sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two other named insurers will soon reach a deal to resolve the claims against them.
Like ‘dousing one’s house in kerosene’: Owners rebuff no-damage claim in cladding class action
Property owners are fighting arguments that claims in a class action over allegedly combustible cladding do not fall under a $190 million insurance policy's definition of property damage, saying installing the cladding was like “dousing one’s house in kerosene”.
Franchisees in class action against Hog’s Breath Cafe lose appeal of $1.2M security order
A potentially stultifying order for $1.23 million in security for costs in a class action against the Hog's Breath Cafe restaurant chain has survived a challenge by the franchisees.
Vero Insurance to argue owners suffered no property damage in cladding class action
Insurer for cladding manufacturer Fairview Architectural, Vero Insurance, will argue a $190 million policy does not cover claims in a class action alleging combustible cladding caused losses for property owners, a court has heard.
ClubsNSW can’t hide contempt of court case against YouTube’s Jordan Shanks
ClubsNSW has lost a bid to keep its contempt of court case against whistleblower Troy Stolz and YouTuber Jordan Shanks secret, with a judge finding “the interests of open justice are paramount”.