Insurer QBE wants to downsize a massive class action brought against it and banking giant ANZ over the sale of allegedly worthless add on insurance.
Just four months after paying $32 million to settle a shareholder class action over disclosures relating to allegations of foreign bribery, engineering services company CIMIC faces another class action, this one alleging failures to keep the market informed about issues with its Middle East operations.
The company behind the ubiquitous mobile banking PayID system has filed Federal Court trade mark proceedings against a US blockchain technology firm over its global real-time payment service.
A local court magistrate overseeing the ANZ criminal cartel case has denied a bid by prosecutors to be given twice the length of time typically allotted to parties for case conference discussions, saying the sooner the proceedings can be transferred to the Federal Court the better.
Former celebrity advisor Sam Henderson, who was slapped with a three-year financial services ban last year after his appearance at the banking royal commission, has pleaded guilty to dishonesty and defective disclosure offences after falsely telling clients he had completed a Master of Commerce degree.
Hotel quarantines and mandatory masks are less effective than Western Australia’s border closure in controlling the health risks of a COVID-19 outbreak, a judge has ruled in a win for the state as it defends its strict pandemic-battling measures against a constitutional challenge by billionaire Clive Palmer.
Mining giant BHP has been given the green light to bring allegations of fraud against competitor Cherwell Creek Coal in a long running dispute over mining rights.
Search engine giant Google has fired off another round of criticism of the Government’s proposed media bargaining code, calling it “unworkable” and “extremely one-sided and unfair”.
A judge has signed off on a $10.5 million settlement in a class action over the 2015 Scotsburn bushfire in Victoria, but slashed the costs of the law firm that brought the case by over $1 million.
Treasury Wine Estates has challenged a ruling that Maurice Blackburn did not breach its obligations by using material from a now settled class action against it to draft new class action pleadings.