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A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.
Rival bookmakers Sportsbet and Sportsbetting.com.au have reached a settlement in their trade mark and consumer law dispute, agreeing to drop their claims against each other for unspecified terms.
Women's fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival's use of the name 'Delphine' to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the 'ill-advised' lawsuit.
The Australian Securities and Investments Commission has filed civil penalty proceedings against the Commonwealth Bank of Australia for allegedly saddling consumers with $2.9 million in inflated interest rates on their business overdraft accounts on more than 12,000 occasions.
A class action alleging a national personal injury firm overcharged clients will be discontinued after the lawyer behind the case, who failed in his bid to send a notice to group members soliciting funds, said he was not prepared to run the proceedings on a no win, no fee basis.
A "very confronting" new report into the Australian Defence Force's deployment in Afghanistan has recommended 19 soldiers be investigated by police for the alleged murder of 39 prisoners and civilians, and the cruel treatment of two others.
A settlement has been reached in a class action against a Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.
A judge has declined to throw out a lawsuit brought against Qantas by a self-represented worker who was stood down, saying a "liberal and lenient" approach was needed.