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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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HFW bolsters insurance team with recruits from Dentons, Meridian
Insurance 2024-11-13 11:10 pm By Julia Kanapathippillai

Law firm HFW has hired two Sydney-based special counsel from Dentons and Meridan Lawyers to boost its growing insurance group.

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Honda tells court it should be on the hook for $12M in spat with dealer
Contracts 2024-11-12 11:17 pm By Andy Sidler

Dealer Brighton Automative is gunning for $13.9 million in damages after Honda cut its contract off prematurely, with Honda hopeful the figure is more like $12.1 million. 

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Velocity Rewards joined to Virgin class action despite ‘barely arguable’ claim
Class Actions 2024-11-11 4:43 pm By Cindy Cameronne

A judge has allowed investors bringing a class action against Virgin to join Velocity Rewards to the case, despite finding the proposed claims against the frequent flyer program are “barely arguable”. 

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BHP says shareholders can’t expand class action because of ‘drafting error’
Class Actions 2024-11-08 11:12 pm By Cindy Cameronne

BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.

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Optus slapped with $12m penalty over Triple-0 outage
Telecommunications 2024-11-08 2:36 pm By Julia Kanapathippillai

Optus has been hit with a $12 million penalty over a “preventable” nationwide network outage in November 2023, which left thousands of customers unable to make emergency calls.

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Partner numbers at consulting firms should be capped in wake of PwC scandal: report
Policy and Regulation 2024-11-07 11:50 pm By Christine Caulfield

Professional services firms should be limited to 400 partners to improve accountability and transparency, a final parliamentary report into the PwC tax scandal has proposed.

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Class actions against Ford, Toyota score major win in High Court
Class Actions 2024-11-06 3:06 pm By Cindy Cameronne

The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.

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In fight to protect UBank brand, NAB wins challenge to UWallet trade mark
Financial Services 2024-11-06 1:53 pm By Cindy Cameronne

NAB has successfully opposed a US company’s bid to register a trade mark for ‘UWallet’, with IP Australia rejecting claims the bank was trying to establish a “de facto monopoly”.

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MinterEllison brings on seven partners from PwC
Business of Law 2024-11-06 4:06 pm By Andy Sidler

Still feeling aftershocks from last year’s tax leaks scandal, PricewaterhouseCoopers has lost seven partners to the risk and regulatory team of Big Six law firm MinterEllison.

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