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King & Wood Mallesons points finger at rival law firm in Halifax negligence case
Professional Negligence 2023-02-24 11:21 pm By Cindy Cameronne

King & Wood Mallesons has denied the claims in a lawsuit by defunct stockbroker Halifax Investment Services alleging it failed to advise it of an obligation to hold client funds on trust, and has said another law firm should also take the blame if it is found negligent.

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Acciona accused of blocking access to $511M waste-to-energy plant
Construction 2023-02-24 3:23 pm By Sam Matthews

Spanish infrastructure giant Acciona has been sued by the entity in charge of a $511 million waste-to-energy plant south of Perth, which says it was unlawfully shut out of the project site after “commercial issues” arose between them.

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ASIC alleges RACQ misled customers about insurance discounts
Insurance 2023-02-24 2:39 pm By Sam Matthews

The Australian Securities and Investments Commission has instituted court proceedings against the insurance arm of Queensland’s peak motoring body alleging it misled customers about their entitlement to discounts on a range of insurance products.

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David Jones, Politix to back pay workers $4M in agreement with FWO
Employment 2023-02-24 11:08 pm By Christine Caulfield

Department store David Jones and men’s fashion label Politix have admitted underpaying more than 7,000 employees and will back-pay the workers $4 million in wages and superannuation.

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$192.5M oil spill class action settlement gets nod, but firm’s cut to be decided
Class Actions 2023-02-23 2:10 pm By Sam Matthews

A judge has approved a $192.5 million settlement in an oil spill class action on behalf of Indonesian seaweed farmers, but the slice for the law firm running the action and its litigation funder remains to be determined amid allegations of negligence by the former lead applicant in the case.

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Law firm shaves 0.5% off payout in second go at class action contingency fee
Class Actions 2023-02-23 5:11 pm By Cindy Cameronne

Maurice Blackburn has had a second crack at a group costs order in three class actions against banks over alleged flexible commission schemes after a judge in 2021 rejected what was then the first-ever application for a contingency fee.

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ACCC loses appeal in ‘fanciful’ NSW Ports competition case
Competition & Consumer Protection 2023-02-23 1:23 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has lost its challenge to a decision that tossed its case alleging NSW Ports stymied competition when it signed a 50-year agreement with the state to privatise two ports. 

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ClearLoans hit with $6M penalty in ASIC’s first COVID-19 case
COVID-19 2023-02-23 4:05 pm By Cat Fredenburgh

Personal lender ClearLoans and its parent company have been hit with $6 million in penalties for violating consumer credit protections laws, including by failing to respond to financial hardship notices from debtors during the height of the COVID-19 pandemic.

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Reporter details ‘sexist culture’ of Ten’s Canberra bureau
Employment 2023-02-23 11:04 pm By Cindy Cameronne

Journalist Tegan George has reworked her sex discrimination case against Network Ten, claiming the Canberra bureau had a culture that was “sexually hostile, demeaning and oppressive”.

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AMA to file ‘jumbo’ claim in scrap with former execs
Employment 2023-02-23 6:06 pm By Sam Matthews

Car repair giant AMA Group is set to file an omnibus claim against ousted CEO Andrew Hopkins and a handful of former senior executives in an effort to consolidate the allegations in a legal saga that spans two jurisdictions.

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