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National Australia Bank is setting aside a further $1.18 billion to compensate customers for dodgy adviser service fees, consumer credit insurance sales, and non-compliant advice.
NSW government points finger at developer in Opal Tower class action
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The NSW government’s Sydney Olympic Park Authority, which is facing a class action brought by owners of apartments at the troubled Opal Tower, has laid the blame on the developer, designer and builder behind the project.
Melbourne council may face class action over Prahran Square re-development
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The law firm behind multiple government class actions over major construction projects, including the Sydney Light Rail proceeding, is investigating a new case against a Melbourne council after a major development allegedly left local businesses struggling to survive.
Sydney private school caretaker wins $3.1M after catastrophic gas explosion
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At caretaker at a Sydney private school has been awarded $3.1 million in damages after he was seriously injured in a workplace gas explosion, with five defendants including building contractors, certifiers and gas suppliers all found to be equally liable.
Battle ahead as Hanwha seeks to ‘strengthen’ solar patent after suing rivals for infringement
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Global solar panel manufacturer Hanwha Q CELLS wants to amend the patent behind its solar technology, more than six months after launching infringement proceedings against three rivals.
University of Sydney wins IP rights case against ObjectiVision
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The University of Sydney has emerged triumphant in its long running battle over the intellectual property rights of a glaucoma testing device, with the Federal Court ruling against opthalmic diagnostic tool manufacturer ObjectiVision.
Liquidator of Ambient Advertising unit sues director after funding go-ahead from court
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The liquidator of a subsidiary of collapsed Ambient Advertising has launched legal proceedings against the company’s director after getting the all-clear from the Federal Court to enter into an agreement with a litigation funder that will take 45 per cent of the proceeds.
Court signs off on AMP’s new remediation program in ASIC insurance churn case
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A judge has given the thumbs up to AMP’s new program to identify and compensate victims of so-called insurance churning by its financial planning arm after inadequacies were revealed in the original scheme.
Fair Work Ombudsman ‘very concerned’ about Subway’s non-compliance
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The Fair Work Ombudsman says she is “very concerned” by the level of non-compliance with workplace laws by national sandwich franchise Subway, as inspectors recover another $80,000 in unpaid wages on behalf of more than 150 employees.
Channel 7 loses defamation case over ‘manifestly unreasonable’ welfare cheat story
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Channel Seven has lost a six-year defamation battle over a Today Tonight story that described a woman on single parenting payments as “the Centrelink cheat who got away”, after an appeals court found the publication was “manifestly unreasonable”.