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Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.
Class action seeks to intervene in ASIC’s suit against RAMS
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Former franchisees involved in a class action against RAMS are seeking to intervene in ASIC civil penalty proceedings against the defunct Westpac subsidiary.
Ceerose says Sydney apartment owners may have ‘engineered’ relationship breakdown
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The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations.
RSL club can raise set-off as defence in dispute with subcontractor
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An RSL club can raise a set-off defence against a subcontractor’s claim under the Contractor’s Debt Act, after a judge rejected the subcontractor’s argument that the defence was barred by a provision of the SOPA.
Downer EDI sells stake in transport JV with Keolis for $132M
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Downer EDI has sold its 49 per cent stake in a bus and light rail joint venture with French public transport operator Keolis for $132 million.
Six-storey retail complex in Melbourne sold for $80.1M
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A six-storey shopping centre in Melbourne’s CBD has been snatched up for $80.1 million by a private investor.
Belmont Citi Shopping Centre fetches $40M
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The Belmont Citi Shopping Centre has changed hands after 27 years, with a private investor scooping up the popular NSW shopping destination for $40 million.
Appeal filed in failed class action against ex-CBA unit Count Financial
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Another failed class action is headed to the Full Court, with a case against ex-CBA unit Count Financial appealing a ruling that found advisors did not breach their duty to act in their clients’ best interest.
iPhone class action against Apple dropped
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A judge has approved a bid to discontinue a class action against Apple over updates that allegedly “throttled” the performance of iPhones, after the lawyers running the case failed to secure litigation funding.
Lawyer for Super Retail employees showed PowerPoint on damage of publicity, court told
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A lawyer acting for two senior Super Retail Group employees presented a PowerPoint to solicitors for the company on the damage to its share price if his clients’ allegations went public, court filings say.