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ANZ says 7-Eleven class action bid to restrict communications leaves bank ‘in limbo’
An attempt by applicants in two franchisee class actions against 7-Eleven to limit communications between the convenience store giant and group members ahead of a hearing to approve a confidential settlement with ANZ, the bank that loaned money to the franchisees, unfairly delays approval of the settlement until next year, a court has heard.
NAB may face beefed up class action over ‘worthless’ insurance
Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of "worthless" credit card insurance to include personal loan customers who were sold allegedly unsuitable insurance policies.
Ex-CEO accuses Radio Rentals of withholding documents crucial to class action defence
The former CEO of Radio Rentals, who has been dragged into a class action against the company, claims he can’t properly defend himself because his former employer has asserted privilege over legal advice the company received regarding its ‘Rent, Try, $1 Buy’, which he says is crucial to his case.
7-Eleven class actions launch second bid to limit communications with franchisees
After a first failed attempt, two class actions against 7-Eleven are trying again to restrict communications between the convenience store giant and franchisees ahead of a settlement approval hearing with ANZ, the bank that loaned money to store owners.
ACCC says LG should pay $700,000 for misleading customers about repair rights
Electronics giant LG should pay a $700,000 fine for twice breaching the Australian Consumer Law when its offshore call centre workers misled customers complaining about faulty television sets that they had no rights to a repair, replacement or refund under the law, a court has been told.
Squire Patton Boggs emails privileged in dispute over Pilbara power purchase agreement
The court has blocked a unit of Fortescue Metals Group from accessing emails sent by Squire Patton Boggs about a now disputed power purchase agreement, saying the communications are privileged.
ACCC loses ‘spoke and hub’ laundry cartel case
The Australian Competition and Consumer Commission has come up short in its appeal of a ruling that found it had produced insufficient evidence of a laundry detergent cartel, in the first so-called hub and spoke case brought by the competition regulator.
ACCC issues mea culpa after TPG, Vodafone merger gaffe
The Australian Competition and Consumer Commission has apologised for botching the announcement of its plan to block the $15 billion merger of TPG and Vodafone, blaming a computer glitch for the error.
SARB seeks to park vehicle detector patent case, says dispute settled 5 years ago
Melbourne-based civic compliance firm SARB Management Group wants to put the brakes on a case brought by tech company Vehicle Monitoring Systems over a patented method for detecting vehicles, in a dispute it says was finalised in a settlement reached almost five years ago.
Ex-Babcock & Brown execs dodge case over botched $1.4B acquisition
A court has dismissed a long-running case against defunct Babcock & Brown executives by a private investment fund over a botched $1.4B acquisition of the biggest laundry equipment provider in the US, saying the executives did not breach their duties by failing to disclose that the bank underwriting the deal allegedly wanted out.