Please login to bookmark Close
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
Please login to bookmark Close
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
Please login to bookmark Close
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
Please login to bookmark Close
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.
IC Markets CEO hit with guillotine orders for filing defence
Please login to bookmark Close
A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.
Swoosh accused of providing credit to financially stressed customers
Please login to bookmark Close
ASIC has sued credit contractor Swoosh Finance for allegedly providing unsuitable loans with high fees and interest rates to customers who showed “clear signs of financial distress”.
ACCC won’t give Catholic hospitals blessing to boycott private insurers
Please login to bookmark Close
The competition regulator plans to block a group of Catholic hospital operators from collectively boycotting large private health insurers in the event funding negotiations fail.
Hall & Wilcox brings on Moray & Agnew public law specialist
Please login to bookmark Close
Hall & Wilcox has recruited a partner to lead the firm’s newly-established Commonwealth Freedom of Information, information release and privacy practice.
Boral wins challenge to CEO cross-examination in class actions
Please login to bookmark Close
Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report.
CIMIC settles shareholder class action for $45.25M
Please login to bookmark Close
CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company.