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GetSwift slammed for ‘unfair attack’ on judge hearing class action, ASIC case
Class Actions 2021-02-15 7:18 pm By Miklos Bolza

GetSwift has been criticised for its “quite unfair attack” on a Federal Court judge who refused to disqualify himself from hearing a shareholder class action […]

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Trial against Mayfair goes ahead undefended, as a muted Mawhinney listens in
Financial Services 2021-02-15 3:57 pm By Christine Caulfield

The Australian Securities and Investments Commission presented its misleading and deceptive conduct case against companies in the Mayfair Group in an undefended trial on Monday, […]

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Commonwealth Bank won’t defend ASIC case over $2.9M in overcharged interest
Financial Services 2021-02-12 12:14 pm By Spencer Fowler Steen

Proceedings launched by ASIC in December accusing the Commonwealth Bank of Australia of saddling consumers with $2.9 million in inflated interest rates on their business […]

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Appeals court overturns three counts against jailed fraudster who scammed Magpies fans
White Collar 2021-02-11 9:32 pm By Spencer Fowler Steen

Jailed con artist Douglas Johnston, who was convicted of defrauding investors of $815,000 in 2019, has successfully appealed three of nine dishonesty charges, with a […]

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Ex-Freedom Foods GC strikes back at serious misconduct claims
Employment 2021-02-10 6:37 pm By Spencer Fowler Steen

A former Freedom Foods group general counsel is seeking aggravated damages from the food and beverage manufacturer for claiming in court filings that she was […]

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Former Linchpin boss gets legal aid while waiting on insurers in ‘chaotic’ London
Restructuring & Insolvency 2021-02-10 4:43 pm By Christine Caulfield

London is in a “complete state of chaos” and no amount of pressing by law firm Moray & Agnew has produced an answer from underwriters […]

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Westpac fires back in class action, says car loan borrowers could have shopped around
Financial Services 2021-02-09 4:26 pm By Spencer Fowler Steen

Westpac has hit back at a class action accusing it of colluding with car dealers on a “shonky” car loan scheme that allowed them to […]

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‘Completely futile’: ASIC resists mediation push from judge concerned about cost of IOOF trial
Financial Services 2021-02-08 12:25 pm By Spencer Fowler Steen

A judge has ordered ASIC to enter mediation before heading into a “very expensive” trial with an IOOF subsidiary accused of giving shonky advice, over […]

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Judge OKs $9.5M McMillan Shakespeare settlement despite funder, lawyers taking bulk
Class Actions 2021-02-05 5:29 pm By Spencer Fowler Steen

A judge has approved a $9.5 million settlement in a class action against McMillan Shakespeare as fair and reasonable, allowing a common fund order and […]

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High Court rejects Westpac’s ‘gloss’ on financial product advice statute
High Court 2021-02-03 10:51 am By Christine Caulfield

The High Court has dismissed an appeal by Westpac challenging a ruling that found the bank breached its duties to customers by providing personal financial […]

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