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Incentive-based funding commission dropped in IAG insurance class action
The funder backing the IAG add-on insurance class action has agreed to a fixed 25 per cent commission, after the plaintiff copped criticism from a judge for the largely redacted funding agreement which called for lower rates if the case settled by a certain date.
Hundreds of privileged advice docs accidentally disclosed in Radio Rentals class action
Lawyers for Radio Rentals are trying to take back hundreds of potentially privileged documents in a consumer class action over the company's ‘Rent, Try, $1 Buy’ program, after they were accidentally disclosed as a result of an IT redaction error.
US seafood giant Trident loses appeal in trade mark row with Aussie food company
US-based Trident Seafoods has lost a Federal Court fight with an Australian-based Asian food company over three trade marks for the word 'Trident'.
Ex-CEO accuses Radio Rentals of withholding documents crucial to class action defence
The former CEO of Radio Rentals, who has been dragged into a class action against the company, claims he can’t properly defend himself because his former employer has asserted privilege over legal advice the company received regarding its ‘Rent, Try, $1 Buy’, which he says is crucial to his case.
Judge questions redacted funder’s commission in IAG class action
A judge has raised questions about a redacted funding agreement in a class action against two IAG units over allegedly worthless add-on insurance products, saying the details were needed for a swift resolution of the case.
Metlife brings action against AFCA in first court showdown for complaints body
Insurance giant Metlife has launched legal proceedings against the Australian Financial Complaints Authority to challenge a finding in favour of an injured former NSW police officer, in what is the first Federal Court action against the new external dispute resolution body.
‘Loose with the truth’ broker wins High Court challenge to ASIC ban
The High Court has upheld an appeal by a mortgage broker with a history of run-ins with the law, finding that the Administrative Appeals Tribunal could not take spent convictions into account when reviewing ASIC ban orders.
Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company's insurer, AIG Australia, as respondents in a class action, over the protests of Marshall's lawyer, who said his client couldn't afford to pay for his defence.
HWL must produce files in case accusing partner of diverting client funds to pay legal bill
A judge has dismissed HWL Ebsworth’s claims of a “fishing expedition” and granted discovery of a slew of  internal documents relevant to allegations a partner at the law firm encouraged a company’s directors to unlawfully divert insurance proceeds to pay almost $150,000 in legal bills.
IAG hit with class action over add-on insurance
Insurance Australia Limited is facing a class action alleging it engaged in misleading and deceptive conduct by pushing worthless add-on insurance onto individuals purchasing motor vehicles through authorised dealers.