Class Actions

Suit against Banksia receiver, law firm a bid to ‘exhume case from grave’, court told

The receiver for Banksia Securities — the failed lender at the centre of a scandal-ridden class action — has argued a new case accusing him of serious misconduct is vexatious and wants a court to release him from the claims.

Competition & Consumer Protection

Mayfield warns ruling in NSW Ports case could have ‘startling’ consequences

Mayfield Developments has argued the High Court should overturn a finding that NSW Ports was protected by derivative Crown immunity in entering allegedly uncompetitive agreements to privatise two ports, saying the decision could have “startling” consequences such as allowing the state to devise cartel arrangements.

Privacy & Cybersecurity

Qantas wins injunction against hackers over data breach

Qantas has won a permanent injunction aimed at preventing unknown hackers from disseminating information accessed in a June data breach, with a judge saying the orders have “real utility” despite the hackers being beyond the reach of the court.

Class Actions

Defeat device class action can warn Isuzu owners about selling cars

A judge has allowed a class action over Isuzus that allegedly contained emissions cheat devices to send an opt out notice to group members that includes a warning that if they sell their cars, they may “lose some or all of the money” they could receive in any settlement. 

Accounting

Hall Chadwick NSW failed to prevent auditor rotation breaches: ASIC

The Australian Securities and Investments Commission has accepted court-enforceable undertakings from Hall Chadwick NSW and three of its auditors after finding the firm’s systems failed to detect breaches of auditor rotation requirements. 

Bankruptcy

Jon Adgemis declares bankruptcy ahead of Federal Court hearing

On the eve of a Federal Court bankruptcy hearing, Sydney-based publican Jon Adgemis and founder of Public Hospitality Group has declared bankruptcy, days after five of his pubs were placed into receivership. 

Employment

Tabcorp settles suit by ex-CEO who was forced out for ‘offensive’ language

Tabcorp has settled a lawsuit by a former CEO who alleged his coerced resignation over alleged offensive language was inconsistent with a boardroom history of condoning off-colour remarks.

ASIC

Cbus admits liability in ASIC death benefit case, faces penalty hearinga

Super fund Cbus has made admissions in the corporate regulator's case over long delays in the processing of $20 million in death and disability claims, with the action to progress directly to penalty.

Discrimination

No IVF discrimination against ‘socially infertile’, says class action defence

The federal government has hit back against a class action by single women and same-sex couples deemed “socially infertile” and denied Medicare rebates for IVF, denying group members were treated less favourably because of their marital status or sexual orientation.

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