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A class action against Toyota Finance has argued it can add new claims that are out of time because Victorian courts cannot factor in the loss of limitations defences in deciding whether to allow amendments.
‘In all circumstances unconscionable’: ASIC wins case against forex broker
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A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.
Graincorp class action seeks to bring toxicity claims
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Graincorp may face new allegations in a class action that the use of n-Hexane at an oilseed factory in rural Victoria had an impact on the health of local residents.
Aldi wins fight with Northcote shopping centre over lease
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Budget supermarket Aldi has won its appeal of a tribunal decision which found that upper limits on rental increases fell afoul of the Retail Leases Act.
Last innings for retiring appeal judge who ‘leaves a great legacy’
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Retiring NSW Court of Appeal judge Richard White has been praised for his legal prowess and passion for cricket in a farewell ceremony attended by Sydney’s legal luminaries.
ACCC shuts lawyers for cartel immunity seekers out of the room
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Over objections from the Law Council, the ACCC has updated its cartel immunity policy to bar lawyers for companies seeking immunity from interviews with applicants for derivative immunity.
Judge approves $31.5M settlement in junior doctors class action
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A judge has given the green light to a $31.5 million settlement in a class action brought by junior doctors accusing the ACT government and North Canberra Hospital of failing to pay overtime.
Judge approves $57.5M ANZ class action settlement, funder’s ATE costs
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A judge has approved a $57.5 million settlement in a class action against ANZ over credit card interest, including allowing the funder to recoup $1.2 million in after-the-event insurance costs.
Investor class action against Linchpin insurer AIG prevails
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An investor class action against failed advisory firm Linchpin Capital and its former directors has won its bid to claim its losses against a $10 million insurance policy from AIG.
AGL cops a $25M penalty for overcharging welfare recipients
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Energy provider AGL has been slapped with a $25 million penalty after it continued to deduct payments from around 500 welfare recipients after they had closed their accounts.