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Contingency fees won’t lead to US-style litigation, lawyers say
Feature June 19, 2020 8:25 pm By Cat Fredenburgh

Legislation passed by Victoria state lawmakers lifting the ban on contingency fees in class actions will not lead to US-style litigation entrepreneurialism, but it may […]

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Lead applicant breaks down during cross-examination in Ford class action trial
Class Actions June 19, 2020 4:51 pm By Miklos Bolza

The lead applicant in a class action against Ford over its allegedly defective PowerShift transmission broke down after being accused of lying under oath during […]

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Judge tells AUSTRAC to ‘guillotine’ Westpac case as it readies more claims
Financial Services June 17, 2020 4:12 pm By Alison Eveleigh

A judge has warned AUSTRAC that it needs to finalise its case against Westpac over anti-money laundering breaches as the regulator readies a slew of […]

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Mayfair to retire ‘Platinum’ brand to put trade mark dispute to rest
Intellectual Property June 16, 2020 11:05 pm By Christine Caulfield

Mayfair 101 has agreed to cease using the brand name Mayfair Platinum to settle a trade mark dispute brought by ASX-listed fund manager Platinum Asset […]

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Ford cars fitted with PowerShift are ‘lemons’, court hears as high-stakes trial revs up
Class Actions June 15, 2020 8:27 pm By Alison Eveleigh

Tens of thousands of Ford cars which contain an allegedly defective transmission system are “lemons”, a court heard on day one of a six-week hearing […]

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Westpac could face more AUSTRAC claims as child exploitation scandal deepens
Financial Services June 12, 2020 10:04 pm By Cat Fredenburgh

Westpac is facing the possibility of more claims in proceedings brought by AUSTRAC over anti-money laundering breaches, with the regulator seeking information on 272 customers […]

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‘A significant imbalance’: Bendigo and Adelaide Bank loan contracts unfair, court finds
Financial Services May 29, 2020 6:01 pm By Miklos Bolza

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 […]

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Westpac admits money laundering breaches, lax monitoring of suspicious customers
Financial Services May 15, 2020 11:15 pm By Christine Caulfield

Westpac has admitted to millions of breaches of anti-money laundering and counter terrorism financing laws, and has told a court it did not adequately monitor […]

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Car makers won’t take class closure fight to High Court
Product Liability May 7, 2020 11:24 pm By Miklos Bolza

Seven car makers defending class actions over defective Takata airbags have confirmed they will not be challenging a landmark decision that set aside a pre-settlement […]

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ACCC dodges indemnity costs over failed detergent cartel appeal
Competition & Consumer Protection May 6, 2020 6:37 pm By Miklos Bolza

Personal healthcare giant PZ Cussons has lost its bid for indemnity costs against the ACCC, after claiming that the regulator was “doomed to fail” when […]

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