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ASIC takes aim at payday lenders after court found they can’t dodge Credit Act
The corporate regulator has again initiated proceedings against Gold Coast-based BHF Solutions and Cigno for allegedly providing credit without a licence after the lenders failed to convince the Full Court that their services fell outside the scope of the Credit Act.
Zoetis class action applicant to pay $2M in costs for ‘off the planet’ case
Livestock drug company Zoetis has agreed to accept a $2.1 million payout to cover its costs in successfully defending a class action dubbed "totally off the planet" by a judge.
Shane Tuck’s wife to drop concussion class action against AFL
The law firm representing the wife of the late AFL player Shane Tuck in a class against the Australian Football League on behalf of players who allegedly suffered brain injuries is seeking court approval to discontinue the case for lack of litigation funding.
ANZ cops $15M penalty in ASIC case over cash advance fees
A judge has ordered ANZ to pay a $15 million agreed penalty in a case over more than $10 million in cash advance fees charged to the credit card accounts of hundreds of thousands of customers.
ACCC calls for $10M penalty against Honda for misleading customers
The consumer regulator has asked a judge to impose penalties of almost $10 million  against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.
$41.45M settlement approved in pelvic mesh class action
A judge has approved a $41.45 million settlement in a pelvic mesh class action against manufacturers Covidien and TFS but has put off deciding on the costs of the firm that ran the case, saying it is “next to useless” when law firms appoint their own costs consultants.
Age pension class action files High Court challenge
A class action has challenged a decision that found the age pension does not discriminate against Indigenous Australians because of differences in life expectancy, arguing the Full Court settled for formal rather than substantive equality.
Corrs, DLA Piper pick up tax specialists from embattled PwC
Troubled professional services firm PwC has lost two partners to law firms Corrs Chambers Westgarth and DLA Piper.
Age pension does not discriminate against Indigenous Australians, Full Court says
The Full Court has rejected class action claims that the age pension discriminates against Indigenous Australians because of differences in life expectancy.
Covidien, TFS pelvic mesh class action settles with remaining defendants
A class action over pelvic mesh products supplied by device makers Covidien and TFS has reached a global resolution with the manufacturers and their insurers which brings the recovery total in settled mesh class action close to $450 million.