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Toyota faces first Takata airbag class action in Australia
Competition & Consumer Protection 2017-11-14 9:09 pm By Cat Fredenburgh

Toyota has become the first car manufacturer to be hit with a class action in Australia over faulty Takata airbags, Quinn Emanuel said Monday, and six other automakers are next.

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Medibank ‘disappointed’ that ACCC is appealing case, CEO says
Competition & Consumer Protection 2017-11-13 9:41 pm By Christine Caulfield

Medibank CEO Craig Drummond said Monday the private health insurer was “disappointed” that the ACCC was appealing its loss in a consumer case accusing the insurer of unconscionable conduct in advising members about coverage limits.

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ACCC to get tougher on contracts that hurt small biz, lawyers warn
Analysis 2017-11-13 2:31 pm By Christine Caulfield

It warned offenders, and then it won its first case. Now with the one-year anniversary of laws protecting small businesses from unfair contracts ticking over, expect the consumer regulator to take no prisoners, lawyers say.

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Judge OKs $100M in rate-rigging settlements
King & Wood Mallesons 2017-11-10 10:58 pm By Cat Fredenburgh

A Federal Court judge on Friday signed off on $100 million in settlements between Australia’s securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.

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ACCC wins first penalty under new franchising code
Competition & Consumer Protection 2017-11-10 10:57 pm By Christine Caulfield

The Australian consumer regulator has secured its first penalty in a case brought under the new Franchising Code of Conduct, with a court ordering Pastacup franchisor Morild to pay $100,000 for breaching the code.

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Clock’s ticking for Slater & Gordon class members
Business of Law 2017-11-10 10:08 pm By Christine Caulfield

Members of a class action against Slater and Gordon have until Tuesday to make their case against the $36.5 million settlement hammered out by  Maurice Blackburn’s lawyers.

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Meriton tried to thwart bad TripAdvisor reviews, judge says
Competition & Consumer Protection 2017-11-10 10:01 pm By Cat Fredenburgh

Property manager Meriton Property Services violated the law by trying to keep guests at its properties from posting bad reviews on TripAdvisor, the Federal Court said Friday, a win for Australia’s consumer regulator in its first case over online reviews.

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ACCC allows AusPost franchisees to collectively bargain
K&L Gates 2017-11-09 9:56 pm By Cat Fredenburgh

The Australian competition regulator has signed off on a bid by a post office industry group that represents Australia Post franchisees to collectively negotiate with Australia Post.

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Judge clears way for college to seek appeal in ACCC case
Competition & Consumer Protection 2017-11-08 9:13 pm By Cat Fredenburgh

A judge on Wednesday cleared the way for Sydney-based college Unique International to pursue its appeal of a ruling in an ACCC case that found it violated consumer laws in marketing online vocational training courses, saying the time was not right for a hearing on relief.

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Norton Rose admits backdating signature on filing, says court OK’d it
Norton Rose Fulbright 2017-11-08 2:47 pm By Christine Caulfield

Norton Rose has admitted claims by ex-partner Thomas Patrick Martin that a lawyer for the firm retroactively signed and backdated a sealed court document, but says the court told the lawyer to do it.

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