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Judge shoots down damages questions for initial trial in NAB super class action
Class Actions 2022-03-16 2:18 pm By Miklos Bolza Sydney
A judge hearing a superannuation class action against NAB unit NULIS Nominees will not determine the correct approach for calculating damages at an initial trial scheduled for later this year.
Westpac stalls on extradition of Forum Finance’s Bill Papas
White Collar 2022-03-10 5:17 pm By Miklos Bolza Sydney
Westpac has yet to commence extradition proceedings against Forum Finance director Bill Papas due to concerns that the alleged fraudster may face only contempt charges if he is brought back to Australia prematurely.
Mesoblast faces fresh class action investigation over stem cell therapy claims
Class Actions 2022-02-23 3:56 pm By Bianca Hrovat Sydney
A second class action investigation against regenerative medicine company Mesoblast is underway, this one looking at claim it misled shareholders about the potential application of a developmental stem cell product to treat terminally-ill children.
Insurer has second crack at dodging doctor’s class action defence costs
Insurance 2022-02-17 9:32 pm By Bianca Hrovat Sydney
Avant Insurance has challenged a Federal Court judge’s interpretation of the Insurance Contracts Act in its second attempt to avoid liability for the defence costs of a plastic surgeon named in a class action brought over botched breast augmentations.
Combustible cladding class action in doubt as insurer Vero denies coverage
Class Actions 2022-02-02 11:36 am By Christine Caulfield Melbourne
A class action against failed Fairview Architectural over alleged combustible cladding hangs in the balance as a court sets the stage for a fight with insurer Vero over a $190 million policy.
Insurer Vero may be dragged into combustible cladding class action
Class Actions 2021-12-22 2:40 pm By Cat Fredenburgh Melbourne
The applicant in a class action against Fairview Architectural over allegedly combustible cladding is add insurer Vero Insurance as a respondent, after revealing the cladding manufacturer may have $190 million in insurance to cover the class action's claims.
NAB super class action won’t get decision on damages at initial trial
Financial Services 2021-12-03 9:43 pm By Cindy Cameronne Sydney
The applicant in a class action against NAB superannuation trustee NULIS has lost his bid to have a judge determine aggregate damages at an initial trial.
‘Hundreds of lawyers’ could overwhelm combustible cladding class action, court told
Class Actions 2021-10-06 2:05 pm By Bianca Hrovat Sydney
“Hundreds of lawyers” could overwhelm Microsoft Teams if German cladding manufacturer 3A Composites continues adding cross-claimants in a class action over highly flammable building materials, a court has heard.
‘Fruits of victory’ can’t be denied pending insurer’s class action indemnity appeal
Insurance 2021-09-17 6:51 pm By Cindy Cameronne Sydney
Avant Insurance has lost a bid to pause an order that it pay $371,000 in the legal costs of a surgeon facing a class action by breast implant patients of defunct clinic the Cosmetic Institute while the insurer's appeal is pending.
Insurer keeps up fight over doctor’s costs in breast implant class action
Appeals 2021-09-07 4:49 pm By Miklos Bolza Sydney
Avant Insurance has launched an appeal of a Federal Court judgment ordering it to cover the defence costs of a surgeon facing a class action by breast implant patients of defunct clinic the Cosmetic Institute.
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