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Super trustee Diversa can’t dodge blame for banned financial adviser, court told
Trials 2023-07-31 10:02 pm By Sam Matthews

The Australian Securities and Investments Commission has told a trial judge that superannuation trustee Diversa can’t hide behind outsourcing arrangements to explain its alleged failures […]

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Class action would have been ‘infinitely better’ than COVID-19 insurance test cases, judge says
Class Actions 2023-07-26 11:24 pm By Cindy Cameronne

A judge overseeing four COVID-19 business interruption class actions has questioned a decision by insurers to use ten test cases to resolve the issue of […]

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Oil spill class action firm wins settlement hearing fees, including bill for tax advice
Class Actions 2023-07-25 5:38 pm By Christine Caulfield

Despite a judge’s complaint that class action costs are generally “out of control”, the law firm that secured a $192.5 million settlement and earned about […]

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Judge orders ‘soft’ class closure in flex commissions class actions
Class Actions 2023-07-21 10:53 pm By Cindy Cameronne

Westpac, Macquarie and ANZ have won soft class closure orders ahead of mediation in three class actions over flexible commissions schemes after a judge found […]

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Insurer Vero dragged into class action over combustible cladding
Class Actions 2023-07-20 11:13 pm By Gareth Baker

A judge has ruled insurer Vero can be added to a class action over allegedly combustible cladding, finding removal of the cladding could be considered […]

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Downer EDI class actions call for stay of rival cases in four-way fight
Class Actions 2023-07-11 5:13 pm By Christine Caulfield

The applicants in competing class actions against Downer EDI have set out their proposals for the courts overseeing the cases, with two calling for orders […]

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Santos equated carbon offsets with emissions cuts, court told in landmark greenwashing case
Energy & Natural Resources 2023-06-23 4:04 pm By Cindy Cameronne

A landmark case brought by a shareholder advocacy group accusing Santos of greenwashing will seek to argue the energy company misled the market by presenting […]

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$29M settlement in Westpac class action gets green light
Class Actions 2023-06-21 12:29 pm By Cindy Cameronne

A judge has approved a $29 million settlement in a class action against Westpac over ‘junk’ consumer credit insurance, a deal that earns the bank’s […]

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Costs in class actions getting ‘out of control’, judge says
Class Actions 2023-06-16 10:52 pm By Sam Matthews

A judge overseeing a $192.5 million settlement in an oil spill class action against PTTEP Australia on behalf of Indonesian seaweed farmers has balked at […]

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$47M settlement in ANZ credit insurance class action reasonable, judge says
Financial Services 2023-06-16 4:37 pm By Christine Caulfield

A $47 million settlement in a class action against ANZ — one of three settlements in a series of class actions against the big banks […]

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