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Relatives of race car driver Max Twigg are fighting Pitcher Partners’ bid to have a $127 million lawsuit dismissed as an abuse of process, rejecting the accounting firm’s argument that the proceedings were deliberately delayed for strategic reasons.
ING Bank has paid penalties of over $50,000 to the ACCC to resolve claims it failed to comply with the Consumer Data Right rules and misled consumers in relation to the security of its CDR service.
Westpac has agreed to pay $29.95 million to settle a class action alleging subsidiaries BT Funds Management Limited and Westpac Life Insurance Services Limited charged customers excessive superannuation fees between 2007 and 2019.
The High Court won't hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can't dodge the obligations contained in the National Credit Code through their lending model.
A law firm has dropped plans to bring a second set of class actions alleging Apple and Google engaged in anti-competitive conduct in operating their app stores, but will act as an "agent" for the first-to-file firm.
The former chief executive officer of the Sydney Flames has filed proceedings against the owner of the women's basketball team, Hoops Capital, alleging she was sacked after complaining about a lack of resources for the team and a “boys’ club” culture.
Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.
Competition among class action law firms is expected to heat up next year as veteran lawyer Jan Saddler departs Shine Lawyers to start her own firm.
The Australian unit of the world's largest cryptocurrency exchange, Binance, has been fined $2 million for sending million of emails that violated spam laws.
A former contractor of investment management fund Courtenay House who received over $670,000 in commissions from investors has pleaded guilty to two criminal charges after an ASIC investigation revealed the company duped 585 investors in a $180 million Ponzi scheme.