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‘Tabloid crusade’: Judges toss Daily Telegraph’s appeal in Geoffrey Rush defamation case
Daily Telegraph publisher Nationwide News has failed in its appeal of a judgment that found it defamed Geoffrey Rush in articles that accused the Oscar-winning actor of sexually inappropriate behaviour, with an appeals court describing the stories as a “sensationalised tabloid crusade”.
ASIC loses appeal in responsible lending case against Westpac
The Australian Securities and Investments Commission has failed in a high-profile challenge to a ruling for Westpac in its responsible lending case against the bank, with an appeals court majority saying the regulator read too much into the national credit laws.
‘More extraordinary by the moment’: Reckitt slams AFT bid to reopen Maxigesic case
AFT Pharmaceuticals is seeking to reopen a lawsuit against Reckitt Benckiser over ads for its painkiller Maxigesic after judgment was delivered in the matter, claiming the judge's declarations contained an error, an argument slammed by Reckitt as "extraordinary".
‘A significant imbalance’: Bendigo and Adelaide Bank loan contracts unfair, court finds
The Federal Court has granted ASIC a legal win against Bendigo and Adelaide Bank, finding that its small business loan contracts were unfair and created a "significant imbalance" that was likely to detriment customers.
Law firm accused of pressuring ex-Qantas employee to settle workers comp claim
A former customer service manager for Qantas who claims to suffer from severe depression and anxiety has brought allegations of disability discrimination against Maurice Blackburn, claiming the law firm put pressure on her to settle her workers compensation case against the airline.
High Court takes up Westpac fight against ASIC personal advice case
The High Court has agreed to hear a challenge by Westpac to a ruling in favour of ASIC that found the bank violated its duty to act in customers' best interests during a superannuation rollover campaign, a case that could clarify the line between personal and general financial advice.
Halifax liquidators’ decision to not realise investments gets court backing
The liquidators of defunct stockbroker Halifax are justified in their decision to refrain from realising existing investments over the protests of some investors, until substantive issues in the liquidation are resolved, a court has directed.
Federal Court grapples with own practice note in IAG insurance class action
With the common fund order tossed in a class action against two IAG entities over allegedly worthless add-on insurance, a Federal Court judge on Tuesday was asked to grapple with a practice note in determining when to notify group members of a possible order to "equitably and fairly" distribute the legal costs and funding commission in the proceedings.
ASIC pans Wagyu and shiraz ‘thought experiments’ in Westpac home loan appeal
ASIC has criticised a Federal Court judge for his 'thought experiments' around prospective home loan applicants feasting on Wagyu beef and shiraz, as the regulator challenges the judge's dismissal of its responsible lending case against Westpac.
No harm, no foul? Full Court weighs ACCC challenge to flushable wipes ruling
The ACCC claims it was not required to prove Kimberly-Clark's flushable wipes caused actual harm to sewers, as it challenges a ruling that disposed of its consumer law case against the personal care giant.