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Westpac lightens class action load with $23.25M in payouts
Class Actions 2019-08-23 9:18 pm By Cat Fredenburgh

Westpac has recently agreed to pay a combined $23.25 million to settle two class actions against it, cutting the number of class actions the bank is facing in half.

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IP Australia stubs out British American opposition to Philip Morris cigarette pack patent
Intellectual Property 2019-08-23 8:37 pm By Miklos Bolza

IP Australia has dismissed opposition by British American Tobacco to a patent sought by rival cigarette company Philip Morris that covers a resealable cigarette packet that claims to provide an improved experience for smokers.

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Security ordered in light rail class action amid $2.26M Lander & Rogers discovery bill
Class Actions 2019-08-23 4:56 pm By Miklos Bolza

The NSW Supreme Court has ordered the lead plaintiff in a class action over the Sydney light rail construction project to pay $1.25 million in security for costs to Transport for NSW ahead of discovery, which is expected to cost $2.26 million.

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Law firm planning hundreds of pelvic mesh lawsuits against doctors
Personal injury 2019-08-23 2:30 pm By Miklos Bolza

A Sydney-based law firm has over 200 lawsuits in the pipeline against medical professionals across the country seeking compensation for injuries caused by allegedly dangerous pelvic mesh implants.

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ASIC takes NAB to court over dodgy home loan ‘introducers’
Financial Services 2019-08-23 1:39 pm By Christine Caulfield

The Australian Securities and Investments Commission has brought legal action against National Australia Bank over its scandal-ridden ‘Introducer’ loan referral program.

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Quintis founder seeks transcripts of ASIC interviews
ASIC 2019-08-22 8:58 pm By Miklos Bolza

Six individuals interviewed by ASIC in relation to the collapse of sandalwood producer Quintis have sought leave to intervene in the regulator’s case against the company’s founder, Frank Wilson, after he sought discovery from ASIC of interview transcripts.

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Lendlease class actions set down for beauty parade, but applicants in talks to avoid contest
Class Actions 2019-08-22 8:36 pm By Miklos Bolza

Two competing shareholder class actions against developer Lendlease have been locked in for a beauty parade before the judge who recently forced the consolidation of three class actions against engineering firm RCR Tomlinson.

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Full Federal Court may weigh validity of NAB ‘junk’ insurance class action
Class Actions 2019-08-22 8:17 pm By Amelia Birnie

A class action against National Australia Bank over allegedly worthless consumer credit insurance could be referred to the Full Federal Court just three months out from trial, amid concerns that the class action was not validly commenced.

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Westpac to pay $13.25M to settle class action over Samra Ponzi scheme
Class Actions 2019-08-22 2:56 pm By Cat Fredenburgh

Westpac will pay $13.25 million to settle a class action over alleged losses caused by subsidiary BankSA’s investments in a Ponzi scheme run by convicted fraudster Michael Samra.

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NSW dragged into ACCC’s competition case over ports deal
Competition & Consumer Protection 2019-08-22 1:59 pm By Cat Fredenburgh

The ACCC has reversed course, naming the state of New South Wales in its lawsuit over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla after previously saying the law did not apply to the state.

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