The Australian Securities and Investments Commission has lost its bid to temporarily restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 7,000 customers, with a judge finding an injunction could destroy their businesses.
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Atanaskovic Hartnell accuses judge of ‘complete failure’ to discharge duty
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Santos barred from Barossa Gas pipeline works near Tiwi Islands
Gilbert + Tobin seals the deal to lead Jaguar class action
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Ford scores partial win in class action appeal over defective PowerShift transmissions
US car giant Ford has partially succeeded in its challenge to a judgment that found it owed more than $6,800 to the lead applicant in a class action over defective PowerShift transmissions, but the High Court may ultimately decide how damages should be calculated under the Australian Consumer Law for reduction in value.