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A judge has ordered two AMP units to pay a total of $24 million after finding the wealth manager acted unconscionably in charging insurance premiums and advice fees to deceased customers.
NAB flags attack on landmark union case alleging ‘systemic, deliberate understaffing’
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The National Australia Bank has flagged a potential strike-out bid against a landmark case by the Finance Sector Union alleging bank managers were required to work unreasonable unpaid hours for years.
Higgins’ speech in public interest, ABC says in Lehrmann defamation suit
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The ABC is relying on a new statutory public interest defence in a defamation case brought by accused rapist Bruce Lehrmann over its coverage of a National Press Club speech by his accuser, former Liberal staffer Brittany Higgins.
Nine drops truth defence in defamation case by Euro Pacific Bank chief
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Nine has abandoned its truth defence in a case brought by Euro Pacific CEO Peter Schiff over a 60 Minutes report on an international tax evasion investigation, and the bank boss is entitled to judgment in his favour, a court has heard.
Personal assistant of alleged fraudster Chris Marco faces charges
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A former executive assistant of accused Ponzi schemer Chris Marco is facing charges linked to an alleged $29.5 million fraud against investors.
MLC ordered to pay $10M penalty for ‘serious failure’
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A judge has ordered MLC to pay $10 million for its “serious failure” to pay life insurance benefits to customers undergoing rehabilitation, in an ASIC case that also alleged the insurer failed to promptly update medical terms in policies.
TPG-backed company fleeced in major scam tied to $1B climate deal, court told
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TPG-owned Anew Climate has sued an Australian company that allegedly impersonated a US carbon offset developer by using “bogus” emails to unlawfully receive payments under a $968 million (US$640 million) investment deal, a court has heard.
Victorian Bar to poll members on endorsing Voice to Parliament
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A group of Victorian barristers says the Bar has a responsibility to make a public statement backing the proposed Voice to Parliament, while others have questioned the “propriety” of speaking out, an email to members reveals.
WA government faces second class action by Banksia Hill inmates
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Law firm Levitt Robinson has filed a second class action against the Western Australian government on behalf of inmates in the state’s Banksia Hill detention centre alleging unlawful disability and age discrimination.
Judge orders discovery of legal advice in spat over $45B Ichthys LNG project
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A judge has ordered contractor JKC Australia to hand over legal advice relating to a settlement deed it entered with Japanese oil company Inpex in 2021, as it seeks to hold Dutch paint company AkzoNobel NV responsible for its “significant” potential liability under the settlement.