United Petroleum and director Ari Silver can wait for the rehearing of a security for costs bid before filing defences to a franchisee class action alleging misleading conduct.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.
MinterEllison has lured a King & Wood Mallesons litigation veteran to bolster its construction practice.
A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
Logistics giant Qube has won a $40 million cut to amounts owed to Martinus Rail in a dispute over construction of the Moorebank terminal project in Sydney’s west.
Medibank has denied breaching privacy rules in response to the regulator’s case over a 2022 cyber attack, but has admitted sensitive data was hacked in part because its network lacked multi-factor authentication.
While the latest round of Respect@Work reforms will likely increase litigation by shielding employees from costs in unsuccessful discrimination cases, this may not spell bad news for employers.
A $100 million settlement by AMP in a class action by financial planners over the wealth manager’s buyer of last resort policy has been given the OK, but the litigation funder won’t be reimbursed for $2.6 million in insurance and administrative costs.
A judge has criticised the pleadings in class actions against ANZ, Macquarie and Westpac over flexible commission schemes for car dealers, saying they were “inappropriate and unhelpful” in referring to documents in the banking royal commission.