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A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.
Macquarie Group hits back at advisers’ wage claims
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Macquarie Group has defended its remuneration package for financial advisers in its private wealth unit, denying claims it paid them entirely in commissions and unlawfully withheld regular wages.
Second class action seeks to recover GST on apartment sales
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A second class action has been filed alleging GST was improperly charged on apartment sales in the ACT.
Exiled broker ponders misleading conduct case against Westpac
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A mortgage broker can eyeball an internal Westpac document as he considers a misleading and deceptive conduct case against the bank for stripping him of his accreditation without explanation.
Latest BHP class action features novel funding arrangement
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Maurice Blackburn has filed its promised class action against BHP Billiton over the Brazilian dam collapse, and the case puts a twist on typical funding arrangements, with the law firm looking to earn what it dubs a “litigation services fee” for financing the case itself.
ACCC to push for stronger powers to crack down on unfair contract terms
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The law should be altered to make unfair contract terms illegal, ACCC Chair Rod Sims says, and the regulator plans to use its clout to push for the change.
Unanswered Pinsent Masons emails show retainer was terminated, appeals court says
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Spanish construction company Técnicas Reunidas can’t block two Pinsent Masons solicitors, formerly with Norton Rose, from representing Downer EDI Engineering in an ICC arbitration between the two companies, with an appeals court saying unanswered emails provided sufficient proof a retainer had been terminated.
Judge wants ‘something to happen’ in slow-moving CFMMEU whistleblower case
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A judge on Friday bemoaned the slow progress of an unfair dismissal suit brought against the CFMMEU by two whistleblowers, telling lawyers at a hearing Friday he wanted “something to happen” in the case
Truth defence tossed in Chau Chak Wing defamation case
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A judge has thrown out the truth defence claimed by the ABC and Fairfax Media in a case brought by Chinese billionaire and philanthropist Dr Chau Chak Wing.
Optus can access employee docs in fraud case
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Telecommunications giant Optus has won court approval to access employee documents in order to pinpoint the location of a suspected fraudster who obtained over 3,400 Optus mobile devices.