NAB unit NULIS Nominees was “hopelessly conflicted” in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the first day of a class action trial.
Westpac has been hit with a class action for allegedly overcharging superannuation customers for insurance coverage, months after paying $30 million to settle a separate superannuation class action.
A bondholder class action against Virgin is heating up, with the airline filing a cross-claim seeking the court’s approval to demand periodic payments from the applicant to cover its costs under a contentious indemnity clause.
The Commonwealth of Australia has asked the court to throw out an adverse action suit brought by a former political staffer who says she was subjected to “a course of bullying behaviour” by South Australian MP Rebekha Sharkie.
A class action against the AFL on behalf of players who allegedly suffered brain injuries will expand its group definition to include family members and dependents, while a competing case by the widow of Shane Tuck has been dropped.
Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving more than three-quarters of the settlement to be distributed to group members.
Former Labor members Ian Macdonald, Eddie Obeid and his son Moses will remain in prison after losing a challenge to convictions for conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.
A judge has raised concerns about expert evidence in a dispute between Acciona Infrastructure, Ferrovial Construction and three insurers over losses during construction of the $695 million Pacific Highway in NSW, saying the expert referral process had “gone off the rails”.
A class action on behalf of 121 children who allege they were wrongfully detained in adult prisons or immigration detention due to flawed age testing has settled for $27.5 million.
The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.