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ASIC’s proposed $40M fee disclosure penalty ‘manifestly excessive’, NAB tells court
Financial Services 2021-06-18 10:08 pm By Christine Caulfield

National Australia Bank has urged a court to impose a $15 million penalty for its five-year failure to adequately disclose its adviser fees, and has argued ASIC’s push for a steeper penalty goes too far.

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AMP launches bid to declass excessive insurance class action
Class Actions 2021-06-18 12:03 pm By Miklos Bolza

AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine Lawyers over allegedly excessive insurance premiums.

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Ben Roberts-Smith tells court another soldier shot at unarmed Afghan man first
Trials 2021-06-17 9:49 pm By Cindy Cameronne

Accused war criminal Ben Roberts-Smith has told a court it was “more than reasonable” for him to assume an unarmed Afghan man was a hostile insurgent because he saw another soldier shoot at the man first.

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High Court denies David Leyonhjelm’s bid to appeal $120,000 defamation award to Sarah Hanson-Young
High Court 2021-06-17 3:21 pm By Cat Fredenburgh

The High Court has denied a request from former senator David Leyonhjelm to challenge a ruling ordering him to pay $120,000 to Greens senator Sarah Hanson-Young for defaming her with “crass” and “obviously sexist” comments made in a series of interviews in 2018.

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ACCC seeks $1.2M penalty against Sumo Power for pricing bait and switch
Competition & Consumer Protection 2021-06-17 3:00 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission is seeking a $1.2 million penalty against Victorian electric utility Sumo Power for luring customers with the promise of discounts and low rates only to jack up their prices months later.

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Silk Sue Chrysanthou could face disciplinary proceedings over Christian Porter brief
Legal Ethics 2021-06-17 2:32 pm By Cat Fredenburgh

Leading defamation silk Sue Chrysanthou is facing possible disciplinary action arising from her representation of Liberal minister Christian Porter in a now-settled defamation case against the ABC.

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Victoria drops out of combustible cladding class actions
Class Actions 2021-06-16 11:00 pm By Cat Fredenburgh

The state of Victoria has opted out of two class actions over allegedly combustible cladding, after agreeing to join as a group member last year.

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Peter Dutton’s defamation suit over ‘rape apologist’ tweet ripe for settlement, judge says
Defamation 2021-06-16 9:28 pm By Miklos Bolza

Federal politician Peter Dutton has been ordered into mediation in his defamation case against a refugee activist over a tweet calling the defence minister a “rape apologist”, with a judge saying the case could be settled without a trial.

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Ben Roberts-Smith feared media would ‘intercept’ phone calls, court told
Defamation 2021-06-16 5:54 pm By Miklos Bolza

Ben Roberts-Smith used burner phones to call SAS colleagues after growing fearful that members of the media were listening into his phone calls after a series of articles were published in 2018 that accused him of war crimes and domestic violence, a court has heard.

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Super funds want price info protected in Westpac insider trading case
Financial Services 2021-06-16 2:24 pm By Christine Caulfield

Industry super funds AustralianSuper and IFM Investors – the consortium behind the interest rate swap at the centre of the corporate watchdog’s insider trading case against Westpac — have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.

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