Settlement
Colonial First State, AIA settle class action for $140M
Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
Class Actions
GrainCorp class action settlement off table, trial back on
The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.
Defamation
Fired JLL execs sue The Australian publisher for defamation
Two axed executives of real estate broker Jones Lang LaSalle have sued the publisher of The Australian over articles they say destroyed their professional reputations and cost them up to $15 million each in earnings.
Intellectual Property
Gillis Delaney dodges third-party costs bid in IP dispute
Law firm Gillis Delaney has defeated a bid for third-party costs by a warehouse management software company that was named in an intellectual property dispute, with a judge rejecting claims the firm was not authorised to act and acted unreasonably.
Intellectual Property
Meta wins opposition to ‘Reelstar’ trade mark
Meta has successfully opposed an Australian start-up's 'Reelstar' trade mark, with a delegate finding it was too similar to the social media company's mark for its short-form video brand Reel.
Tax
ATO dealt major blow in $948M capital gains dispute with YTL Power
The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.
ASIC
Ex-boss of AI marketing company Metigy pleads guilty to misleading investors
The former CEO of failed AI marketing start-up Metigy has pleaded guilty to providing false statements to investors and misusing his position as a director, following an investigation by the corporate regulator.
Employment
Court tosses security concierge officer’s case against Meriton
Meriton has won summary dismissal of a security concierge's Fair Work claims, with a judge finding the case had no prospects of success.
Business of Law
Thomson Geer nabs another partner from Holding Redlich
A workplace health and safety partner with more than 25 years of experience has made the leap to Thomson Geer, the third partner to jump ship from Holding Redlich in recent months.
Privacy & Cybersecurity
IVF provider Genea to face representative complaint over data breach
A class action law firm is set to file a representative complaint against fertility services provider Genea over a data breach that led to sensitive patient information being published on the dark web.
