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Allianz Australia will refund over $8 million in fees and premiums to customers who were sold worthless cover they were not eligible to make claims under, including teenagers who were sold death cover.
Villa owners lose transfer bid in case against Clive Palmer’s Coolum Resort
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The Queensland Supreme Court judge has refused to transfer proceedings by villa owners against Clive Palmer’s abandoned Sunshine Coast resort to the Federal Court, but has also rejected a separate bid by Palmer to shut down the case, which has been dormant for six years.
3A Composites challenges commonality in cladding class action
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3A Composites has slammed the pleadings in a class action against it over allegedly combustible cladding, questioning whether the stated common issues are actually common to all group members.
Carwoola bushfire class action wins bid to pursue insurer
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The lead applicant in a class action over the Carwoola bushfire has been given the greenlight to go after CGU Insurance for loss and damage caused by the 2017 fire, which was allegedly sparked by the now insolvent Advanced Plumbing and Drains.
Plutus conspirator had ‘high level’ role in $105M tax fraud, court told
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A former senior manager of Plutus Payroll played a “high level” role in a complex scheme that defrauded the Australian Taxation Office to the tune of $105 million, a court has heard, in a case involving one of the biggest revenue losses ever prosecuted.
Court’s ‘auction’ approach in GetSwift slammed in bid to revive AMP class action
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The barrister leading an appeal seeking to revive Quinn Emanuel’s fees for no service class action against AMP has criticised the approach taken in the landmark GetSwift ruling on competing class actions, saying it placed the court in the role of auctioneer and actually encouraged duplicative proceedings.
Full Court tosses Bellamy’s class action cost-capping appeal
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Bellamy’s has lost its appeals court battle to limit the costs incurred by lawyers jointly running two shareholder class actions against the baby food maker.
Judge OKs $40M Sirtex settlement, rejects ‘race to the bottom’ for funding commissions
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A judge has signed off on a $40 million settlement reached in shareholder class action against Sirtex, including a $10 million cut for the funders, saying commission rates should reflect the risks taken by funders.
Facebook, Instagram were entitled to block Aussie startup’s access, court told
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Facebook and Instagram have denied allegations they breached Australia’s competition law when they terminated the accounts of a Melbourne-based startup, saying they were entitled to block the company from their platforms.
Regeneron steps up opposition to Kymab’s human rat patent
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US biotechnology company Regeneron Pharmaceuticals has filed a Federal Court challenge after losing its opposition to a patent application by UK biopharmaceutical company Kymab for a method of producing an animal with part-human DNA.