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Judge doubts law firm gave ‘full and frank advice’ on fees in Drake’s class action
Employment 2022-11-23 11:08 pm By Sam Matthews

Keeping up her scrutiny of fee disclosures by Adero Law in employment class actions launched in her court, a judge has questioned whether the law firm breached its fiduciary duty to the lead applicant in litigation against Drakes Supermarkets.

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Fintech Block Earner latest target of ASIC’s crackdown on crypto
Financial Services 2022-11-23 10:03 pm By Christine Caulfield

Fintech company Block Earner has been hit with enforcement action by the corporate regulator alleging it sold crypto asset products without a licence and operated an unregistered managed investment scheme.

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$1M penalty against NQ Cranes over cartel agreement gets court’s OK
Competition & Consumer Protection 2022-11-23 5:20 pm By Cat Fredenburgh

A judge has approved a $1 million penalty against Queensland crane company NQ Cranes for engaging in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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WA government will try to snuff out Clive Palmer’s $30B lawsuit
Dominic Villa 2022-11-23 5:45 pm By Cindy Cameronne

The West Australian government has flagged a bid to scuttle mining magnate Clive Palmer’s latest lawsuit claiming he can sue the state for up to $30 billion over mining tenements in the Pilbara.

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Class action targets Mercedes-Benz over diesel emissions cheating
Automotive 2022-11-22 8:58 am By Christine Caulfield

Mercedes-Benz is the latest car maker to face a class action in Australia over alleged defeat devices designed to manipulate the results of regulatory diesel emissions testing.

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PwC partner sued over alleged involvement in husband’s $3.3M fraud scheme
PwC 2022-11-22 10:02 pm By Sam Matthews

A PricewaterhouseCoopers partner has been taken to court over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer to bankroll the couple’s lavish lifestyle, which included a $200,000 Porsche and extensive renovations to their Sydney home.

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Class action woes mount for Toyota unit Hino over emissions cheating
Class Actions 2022-11-22 9:29 am By Christine Caulfield

Already facing one Australian class action for cheating on diesel emissions tests, Toyota unit Hino is the subject of a fresh class action probe announced Tuesday.

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ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
Insurance 2022-11-22 10:45 pm By Cindy Cameronne

ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.

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Maker of AFL merchandise sues US retail giant for trade mark infringement
Intellectual Property 2022-11-22 4:32 pm By Sam Matthews

Australian sports tour company FanFirm has sued US sports merchandise giant Fanatics alleging ‘flagrant’ infringement of its trade marks.

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Settlement in Montara oil spill class action revealed to be worth $192.5M
Class Actions 2022-11-21 11:39 pm By Cat Fredenburgh

In one of the year’s biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.

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