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CBA hit with class action over grandfathered commissions
A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.
The Star takes insurers to court in test case over COVID-19 losses
Sydney’s Star Casino is taking its insurers to court in a bid to claim the losses it has suffered as a result of Government restrictions enacted to stop the spread of COVID-19.
Equititrust lawsuit on shaky ground after judge rejects Vannin’s choice of security
The receivers for funds manager Equititrust, who are suing the name partners of law firm Tucker & Cowen, have failed in their bid to have further security for costs paid in the form of deeds of indemnity, despite telling the court that funder Vannin might withdraw its support for the litigation.
Judge slams Mayfair director’s misleading comments to investors
A judge has criticised "inflammatory" and misleading comments Mayfair 101's director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.
Sneakerboy judgment paves way for COVID-19 rent relief until April
In a judgment that will be welcomed by retailers, a court has found that rent relief under the Federal Government’s mandatory COVID-19 code of conduct can be extended for at least six months after the regulations expire in October.
Major beef: McDonald’s sues Hungry Jack’s over ‘Big Jack’ burger
In what is shaping up to be a big bun fight, McDonald’s is taking long time rival Hungry Jack's to court for trade mark infringement, accusing it of violating its legendary ‘Big Mac’ mark.
iSignthis now wants $464M in share suspension suit against ASX
Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator's decision to suspend its shares has cost it almost half a billion dollars.
Shine investigating union case against McDonald’s over unpaid drink breaks
Shine Lawyers and the union backing Australia's fast food workers are investigating claims against McDonald's after the Federal Court ruled against a "reckless" franchisee who threatened to bar employees from toilet breaks.
Law firm says Treasury Wine can’t appeal class action ruling without court OK
Maurice Blackburn is pushing back against an appeal by Treasury Wine Estates, which accuses the law firm and a barrister of breaching their obligations by using evidence discovered in a settled class action to launch a second case against the wine maker.
Mayfair 101’s Mawhinney accuses ASIC of misleading the court in ex-parte hearing
A self-represented James Mawhinney, the director of troubled Mayfair 101 director, has accused ASIC in court of misleading the judge in an ex-parte application brought in August that saw provisional liquidators appointed to the investment firm and Mawhinney banned from transferring assets out of Australia.