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Clifford Chance nabs Herbert Smith Freehills M&A veteran
Clifford Chance has snagged an M&A partner from Herbert Smith Freehills to join its growing corporate practice.
COVID-19 insurance class action members can ‘have their cake and eat it too’: judge
A judge considering bids to de-class COVID-19 business interruption class actions has said group members can sign up for the representative proceedings but later decide to make claims directly with their insurers.
NAB sues You Need A Budget app, says brand will confuse Aussies
National Australia Bank is suing US company You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.
Sydney MP claims aggravation from Mark Latham’s ‘disgraceful’ defamation defence
Independent Sydney MP Alex Greenwich, who is suing politician Mark Latham over a homophobic social media post, claims the One Nation NSW leader's defence has aggravated his damages by relying on a "disgraceful" gay stereotype.
Ben Roberts-Smith funder Seven says ruling on emails has ‘far reaching implications’
Former soldier Ben Roberts-Smith and Seven Network, which funded his defamation case, have asked for the Full Federal Court to weigh in on appeals against a decision requiring the production of thousands of emails passing between them, which the broadcaster said has implications for all funded proceedings.
ASIC alleges AustralianSuper caused $69M in member losses
The corporate regulator has taken the country's largest superannuation fund, AustralianSuper, to court for allegedly causing $69 million in losses to customers by failing to merge multiple superannuation accounts.
Care A2 tries again to block Gensco’s US suit over baby formula deal
Infant formula giant Care A2 will try again to block business partner Gensco from bringing claims against it in a US court that overlap with a $200 million Australian lawsuit over a deal to sell formula in the US.
ME Bank pleads guilty to misleading borrowers, says crime didn’t hurt anyone
Direct bank Members Equity has pleaded guilty to criminal charges over misleading representations to customers, but a judge has questioned the bank’s submissions in favour of a low penalty, noting it was only “happenstance” that a systems glitch didn’t lead to worse outcomes for customers.
WA home builder to face class action over construction delays
Perth-based homebuilder BGC Housing Group will face a class action on behalf of thousands of home owners who allege they have been harmed by lengthy construction delays.
High Court won’t disturb insurers’ win in Pacific Highway case
The High Court won't hear an appeal in a case by Acciona and Ferrovial against three insurers over coverage for loss and damage resulting from heavy rainfall at the site of construction of the Pacific Highway in northern New South Wales.