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ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.
Teleco contractor BSA can’t get costs for winning class action side spat
Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won't be recouping the costs of legal action to exclude a $13 million capital raising from the settlement.
BSA can ringfence $13M capital raising from $20M class action payout
Telco contractor BSA has won a bid to ringfence a $13 million capital raising from a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.
Full Court tosses James Ashby’s appeal over $4.5M legal bill
One Nation chief-of-staff James Ashby has failed to revive his lawsuit alleging the federal government breached the Fair Work Act by not paying his $4.5 million legal bill stemming from a dropped sexual harassment case against former House speaker Peter Slipper.
Liquidators can bring claims against Steller Development directors over $300M collapse
A judge has allowed the liquidators of Melbourne-based Steller Development to bring proceedings against its directors, the latest claims to be leveled in the wake of the developer's 2019 collapse, which left an estimated $300 million owing to creditors.
Barrister who repped execs in long-running ASIC case appointed Federal Court judge
A silk and former Clayton Utz litigation partner who represented the directors of failed telco OneTel in a nearly decade-long ASIC case that ended in a defeat for the corporate regulator has been appointed a judge on the Federal Court.