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No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
Privacy & Cybersecurity 2022-05-05 12:24 pm By Christine Caulfield

IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security […]

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Macquarie flex commission class action says loans were part of ‘staged sales process’
Class Actions 2022-05-02 3:58 pm By Sam Matthews

The plaintiffs in a class action over alleged unfair flex commission arrangements have hit back at Macquarie Leasing’s claims that out-of-pocket customers should have negotiated […]

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Judge won’t stay Australian Mud Company’s bid for $40M in damages for drilling patent infringement
Intellectual Property 2022-04-29 5:48 pm By Cindy Cameronne

Mining tool company Globaltech has lost its bid to delay Australian Mud Company’s case, on foot since 2016, which seeks $39.9 million in damages for […]

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Funder to seek cut of up to 25% in $2B Toyota class action
Class Actions 2022-04-28 8:52 pm By Cindy Cameronne

A litigation funder will seek a commission of up to 25 per cent in a class action against Toyota that could see the automotive giant […]

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Former Nuix CEO has ‘no faith’ in pre-trial mediation in $180M case
Employment 2022-04-28 1:35 pm By Sam Matthews

The former CEO of Nuix has shot down the suggestion of pre-trial mediation, which he said was unlikely to resolve his $180 million claim against […]

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Macquarie plays blame game with car dealers in flex commissions class action
Class Actions 2022-04-21 5:33 pm By Sam Matthews

Macquarie Leasing has hit back at a class action over alleged unfair flex commission arrangements with car dealers, saying dealers were not required to propose […]

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IOOF unit settles ASIC’s cybersecurity test case
Privacy & Cybersecurity 2022-04-20 12:48 pm By Sam Matthews

IOOF unit RI Advice has agreed to settle novel proceedings brought by the Australian Securities and Investments Commission claiming it failed to protect its clients […]

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Maurice Blackburn prevails in State Street appeal over Fearless Girl
Appeals 2022-04-11 4:11 pm By Miklos Bolza

Maurice Blackburn has successfully defeated an appeal of a judgment that found the law firm did not breach the intellectual property rights of US financial […]

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Toyota could owe $2B in class action after judge finds cars were defective
Class Actions 2022-04-07 3:15 pm By Miklos Bolza

Toyota could owe close to $2 billion in compensation to 260,000 car owners after a judge found that diesel filters installed in its Hilux, Fortuner […]

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IAG investigates underwriter accused of issuing unauthorised Greensill policy
Insurance 2022-04-07 9:53 pm By Miklos Bolza

Insurance Australia Group is investigating the underwriter behind an allegedly unauthorised trade credit policy issued to Greensill Capital, according to a defence by the insurer […]

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