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GCOs can’t travel to NSW, appeals court says in Arrium class action
Class Actions 2023-10-26 12:41 pm By Cindy Cameronne

KPMG has lost the latest round in its fight to transfer a class action over the collapse of steel giant Arrium from Victoria to NSW, […]

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Qantas abandons China Eastern pact in another capitulation
Competition & Consumer Protection 2023-10-25 12:56 pm By Christine Caulfield

Qantas has again conceded defeat in the face of opposition by the ACCC, this time bowing out of a joint coordination agreement with China Eastern […]

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ASIC loses case against super trustee Diversa over banned advisor
Financial Services 2023-10-24 10:27 am By Sam Matthews

A judge has dismissed court proceedings brought by the corporate regulator against superannuation trustee Diversa over its alleged failure to oversee a now-banned financial adviser, […]

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White Oak claims insurer owed a novel duty of care in $6B Greensill cases
Insurance 2023-10-24 9:02 pm By Cindy Cameronne

Lender White Oak Commercial Finance will bring a novel claim against insurer Bond & Credit Company alleging it owed a duty of care to disclose […]

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Thomson Geer lures tax partner from Clayton Utz
Tax 2023-10-23 9:12 pm By Sam Matthews

Thomson Geer has snagged a Clayton Utz special counsel to bolster its tax practice. Cameron Forbes joins Thomson Geer as a partner in the firm’s […]

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Qantas won’t challenge ACCC’s rejection of Alliance tie-up
Competition & Consumer Protection 2023-10-19 9:49 pm By Cat Fredenburgh

Qantas has dropped its bid to acquire Brisbane-based regional airline Alliance Aviation Services, saying a court battle with the competition regulator would be complex and […]

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Care A2 willing to take fight over Gensco’s US suit to High Court
Appeals 2023-10-17 3:12 pm By Cindy Cameronne

Care A2 Plus should be given leave to appeal a ruling over an overlapping US case by former business partner Gensco so that it can […]

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ANZ breached continuous disclosure rules during $2.5B share placement, court finds
Securities 2023-10-13 5:08 pm By Cindy Cameronne

A judge has handed down a landmark decision finding ANZ breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters Deutsche […]

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ASIC seeks urgent orders barring payday lenders from enforcing ‘harmful’ loan contracts
Financial Services 2023-10-11 4:00 pm By Cindy Cameronne

The Australian Securities and Investments Commission is seeking to restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 10,000 customers. The civil […]

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NAB ‘obliged’ to charge adviser fees at issue in class action, court told
Trials 2023-10-10 10:10 pm By Cindy Cameronne

NAB unit NULIS Nominees was not only allowed to charge superannuation fund members fees for adviser commissions, it was “obliged” to do so, a court […]

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