Quinn Emanuel

A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.

Advice platform JustAnswer has agreed to a $10 million penalty in the consumer’s watchdog’s case accusing the company of duping customers into signing up for expensive monthly subscriptions.

Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.

Insurers Marsh Limited and Insurance Australia Limited are seeking production of two reports by Deloitte commissioned by a Swiss law firm in litigation over the collapse of supply chain finance company Greensill Capital. 

Insurance Australia Limited has settled $4 billion action brought by Germany's Greensill Bank and its administrator ahead of a six-month trial against the insurer and others over the failure of the trade financier.

US drug maker Cosette is appealing a judge’s decision not to disqualify himself from Mayne Pharma's lawsuit seeking damages over the termination of their $672 million if he is appointed to case manage the dispute. 

It ditched a planned $627 million union, now US drug maker Cosette must pay more than $13 million toward Mayne Pharma's costs of the legal fallout. Whether it owes the "substantial damages" Mayne is claiming is an issue for another day.

IAG is fighting a shareholder class action's bid to amend against the case to include a new damages claim, telling the court the insurer already understands the case against it.

A judge has granted Hassall Developments' bid to join insurance broker Arthur J. Gallagher to a lawsuit against QBE over an $80 million special risks policy after “serious defects” were allegedly found in its Imperial Towers development in Parramatta. 

Three years after filing, the class actions against Hyundai and Kia are trying to pinpoint the defect at the heart of the cases, with the car manufacturers complaining that the newest pleading, which seeks to expand the claims to include an additional 380,000 vehicles, is still missing key details.