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Izuzu targeted in class action investigation over allegedly defective utes
Competition & Consumer Protection 2022-07-19 5:22 pm By Cat Fredenburgh

The law firm whose probe into allegedly defective diesel particulate filters in Toyota cars has led to a verdict worth as much as $2 billion against the car maker has launched a class action investigation into diesel particulate filter issues with two models of Isuzu utes.

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Climate change class action urgent given ‘what is at stake’, judge says
Class Actions 2022-07-19 1:06 pm By Christine Caulfield

A judge has put a climate change class action on behalf of Torres Strait Islanders on a tight timetable and committed herself to handing down judgment soon after trial, saying the case was one of “considerable urgency”.

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Nuix slams class action carriage agreement as ‘anti-competitive’
Class Actions 2022-07-18 4:18 pm By Sam Matthews

Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the court to make the two firms compete against one another for sole carriage.

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‘We can make a really strong case’: ANZ hopeful of ACCC approval for $4.9B Suncorp buy
Competition & Consumer Protection 2022-07-18 11:10 pm By Christine Caulfield

ANZ is optimistic its proposed $4.9 billion acquisition of insurer Suncorp’s banking unit will be cleared by the competition regulator, and is counting on the public benefits of the merger to win approval.

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Uber appeals ‘overbroad’ ruling in fight over privileged documents
Class Actions 2022-07-18 5:03 pm By Sam Matthews

Uber is challenging a ruling that found many email exchanges with its lawyers were made in furtherance of offences and were not protected by legal professional privilege, saying it would be forced to hand over to a class action “bog standard” legal advice.

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ClearLoans settles ASIC’s first COVID-19 case against lender
COVID-19 2022-07-18 4:35 pm By Cindy Cameronne

The sole director of personal lender ClearLoans has agreed to settle the first case the Australian Securities and Investments Commission brought related to the COVID-19 pandemic.

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Kahlbetzer family wins $30,000 lawsuit against sacked investment manager
Financial Services 2022-07-18 11:48 am By Cindy Cameronne

A court has ordered a consultant at Kahlbetzer family investment vehicle Twynam Investments to pay a $30,000 judgment for allegedly breaching confidentiality obligations in her contract. 

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Class action wants admissions after Albanese declares ‘climate emergency’
Class Actions 2022-07-15 2:59 pm By Cindy Cameronne

The lead applicants in a climate change class action by Torres Strait Islanders are hoping the Commonwealth will admit climate change targets set by the Morrison government were “woefully inadequate”, a court heard Friday. 

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Booktopia agrees on penalty in ACCC case over ‘misleading’ refund policy
Competition & Consumer Protection 2022-07-15 1:43 pm By Christine Caulfield

Booktopia has resolved a case by the consumer regulator alleging the online book retailer’s policy that required customers to request a refund within two business days of purchase was misleading.

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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Professional Negligence 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, with a judge finding that the company had not retained the valuer and was not a party to the valuation.

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