NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant’s South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer’s inhouse lawyer was previously treated.
Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.
Lendlease and Greenwoods & Herbert Smith Freehills have resolved a lawsuit by a former partner that alleged he was effectively fired for complaints about the builder’s “aggressive taxation position”.
A German bottling machine manufacturer has successfully opposed PepsiCo’s patent application for a filling system, after arguing the claims were obvious.
The ACCC is again trying to fend off a strike-out bid by Facebook owner Meta in its case over cryptocurrency ads, arguing Meta has built a system in which the misleading ads can flourish and is not an “innocent bystander”. The regulator lodged the case in March 2022, alleging it breached the Australian Consumer Law…
Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to “widespread” misconduct.
The judge overseeing two competing class actions against Google has issued a warning to law firms that agree to team up and work on a class action together, saying that in other markets such arrangements might be viewed as “something akin to a cartel”.