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Europcar has been hit with an enforcement action by the Australian Competition and Consumer Commission accusing the rental car company of slapping customers with excessive credit and debit card payment surcharges.
Directed Electronics can’t block rival Hanhwa’s deal with Izuzu in IP case
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A judge has dismissed a bid by Australian auto electronics company Directed OE for an injunction stopping South Korean rival Hanhwa from supplying a new audio visual unit to truck company Izuzu it claims was developed using confidential information.
Qantas doesn’t need approval to hire Herbert Smith Freehills, FWC says
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The Fair Work Commission has said Qantas doesn’t need its approval to hire Herbert Smith Freehills to assist it in an appeal in an unfair dismissal proceeding.
MinterEllison settles claims over solar company collapse
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MinterEllison has resolved claims by two directors of failed Solar Shop Australia alleging the law firm, which was retained by the company to advise on a buyback scheme involving $15 million in shares owned by founder Adrian Ferraretto, breached its duty of care.
Judge slams confidentiality clause in settlement of S&P class actions
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The judge weighing a record settlement in multiple class actions against S&P Global over toxic financial products said Tuesday there was “no way” he would sign off on the deal while it stipulated that all funds be returned to the ratings agency in the event the settlement amount is disclosed.
Phi Finney McDonald teams up with most feared US plaintiffs firm in BHP class action
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The litigation funder underwriting a shareholder class action against BHP Billiton over the company’s Brazilian mine disaster is a corporation created by two major US plaintiffs’ firms with the sole purpose of backing the Australian case.
Luna Park Sydney loses challenge to ‘Flying Carousel’ permit denial
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Sydney landmark Luna Park has lost a challenge to a ruling that rejected a construction permit for a new amusement park ride dubbed the Flying Carousel.
AMP says email exchanges with Clayton Utz exaggerated
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AMP has hit back against claims in the first of multiple class actions it faces, saying its practice of charging fees for no service did not warrant disclosure to shareholders. And despite sacking its GC for the extent of his exchanges with Clayton Utz over a report into the practice, the company now says the number of interactions was exaggerated.
TransUrban pushes on with WestConnex bid despite ACCC delay
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TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
Nudie family loses bid for frozen assets to fund legal woes
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The Federal Court has dismissed an application by tax lawyer Michael Binetter and his wife Suzanne Binetter to dip into over $3 million in frozen assets to fund a case over an alleged $120 million international tax evasion scheme.