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ASIC is challenging the dismissal of its enforcement action against payday lenders Cigno and BHF Solutions in a decision that found the companies did not need a licence to issue loans to hundreds of thousands of consumers.
A judge has ordered that class action firm Adero Law take down surveys from its website allegedly aimed at collecting registration data from group members in an underpayment class action against convenience store chain On The Run.
A judge has allowed a key US-based witness in ASIC's case against former Quintis director Frank Wilson who will not submit to 14 days in hotel quarantine to give evidence by video link.
Convenience store chain On The Run has filed a bid for law firm Adero Law to take down surveys published on its website allegedly aimed at collecting registration data from group members in an underpayment class action against the company.
Two shareholder class actions against sandalwood producer Quintis that reached an in principle settlement over a year ago are moving forward following a protracted dispute over insurance, with the lead applicants getting approval to file proposed amended pleadings.
Payday lender Cigno has lost its appeal of a ruling which upheld ASIC’s first product intervention order banning the use of short-term lending models with “excessive” fees.
Energy generator Stanwell has filed a lawsuit seeking to shut down the funding for a class action brought on behalf of 50,000 customers accusing it of gaming Queenland's energy pricing system, alleging funder LCM lacked the required licence to back the case and did not register the class action as a managed investment scheme.
A court has dismissed ASIC’s enforcement action against payday lenders Cigno and BHF Solutions, finding the companies did not need a licence to issue loans to hundreds of thousands of consumers.
AMP and a number of its financial planning subsidiaries have launched a bid to declass a group proceeding jointly run by Piper Alderman and Shine Lawyers over allegedly excessive insurance premiums.
The liquidator of restaurant chain Fogo Brazilia has been ordered to hand over communications with law firm Levitt Robinson as creditors seek to oust him from his role over alleged breaches of duty relating to a class action investigation.