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Opal Tower concrete supplier sues insurer over class action coverage
The prefab concrete specialist behind Sydney's Opal Tower has filed a lawsuit against Chubb Insurance seeking to force the insurer to cover its costs of defending two proceedings over the ill-fated building.
Opal Tower apartment owners file lawsuit against NSW Government
Owners of units in Sydney's Opal Tower have filed a lawsuit against the NSW Government and builder Icon after allegedly discovering more than 500 additional defects in the troubled building.
ANZ says allegedly worthless insurance policies gave customers ‘peace of mind’
ANZ has denied claims that it sold allegedly worthless insurance to group members in a class action against the banking giant, and has said the policies gave customers "peace of mind".
Judge slams ‘deficient’ explanation behind $2.9M penalty in ACCC, HealthEngine case
A penalty hearing in the ACCC's case against health booking company HealthEngine over misleading online reviews has been adjourned after a judge criticised the parties' joint submissions as "deficient" for failing to explain how a proposed $2.9 million penalty had been arrived at.
Court urges investigation into SMSF advisor’s ‘calculated deception’
A judge will ask the NSW Attorney General to launch a criminal or regulatory investigation into a Hunter Valley-based financial advisor whose alleged fraudulent conduct led to investor losses of over $4.6 million.
Quintis class action settlement delayed after insurance policy ‘cock-up’
The settlement of two shareholder class actions against sandalwood producer Quintis has been delayed after the company's eleventh-hour revelation that it may have an extra $40 million in insurance.
Murray Goulburn sues insurer for $8.85M to recover class action costs
Dairy cooperative Murray Goulburn has launched proceedings against AIG Australia seeking to recover 20 per cent of a $42 million class action settlement it paid, plus the legal costs of defending two class actions.
ASIC targets insurer Youi for taking two years to settle hail damage claim
The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking two years to settle a home owner's hail storm claim.
Shine Lawyers’ attempt at video opt-out notice not a Golden Globe winner, judge teases
A Federal Court judge has praised an attempt by Shine Lawyer's head of litigation to create an audio-visual opt out notice for its insurance class action against Westpac, but jokingly remarked that her performance would not win her any acting plaudits.
Citing coronavirus, judge orders limited discovery in ANZ, Westpac ‘junk’ insurance class actions
Noting the challenge of searching for documentary evidence while employees are working from home, a judge overseeing two consumer class actions against ANZ and Westpac has directed the banks to hand over only a limited number of documents to the applicants, and given them extra time to do it.