Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for “intemperate” remarks its founder made in the media about the legal system.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
The High Court has declined to hear an appeal of a ruling that found the directors of payday lenders Cigno and BSF are liable for the companies’ unlicensed credit activity.
Defunct telecommunications company Jabiru Satellite can add new claims to its suit against major banks for withdrawing support for Australia’s first satellite, but it can’t put on a case that the lenders were “shadow” directors.
A judge has rejected applications by the AFL and the Geelong Football Club to declass a concussion class action, but has ordered an initial trial that will cover only a fraction of the 38-year claim period in the case.
The Full Federal Court has tossed Latitude Finance and Harvey Norman’s appeal of a ruling that found the retailer’s ads touting ‘interest free’ payment methods were misleading.
The directors of payday lenders Cigno and BSF have filed for special leave to appeal a decision that found them liable for unlicensed credit activity, saying the case raises fundamental questions about the scope of accessorial liability.
E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company’s suppliers to a competitor after jumping ship.
A court has knocked back online merchandise importer New Aim’s trade secrets case against a former employee who gave the contact details of the company’s suppliers, stored on his personal phone, to a competitor after jumping ship.
Payday lenders BSF Solutions and Cigno have lost an appeal in action by ASIC alleging they engaged in unlicensed credit activity and charged prohibited fees, in the case’s second run up to the Full Federal Court.