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Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.
ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
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ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.
Maker of AFL merchandise sues US retail giant for trade mark infringement
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Australian sports tour company FanFirm has sued US sports merchandise giant Fanatics alleging ‘flagrant’ infringement of its trade marks.
Settlement in Montara oil spill class action revealed to be worth $192.5M
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In one of the year’s biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.
Battle to lead Blue Sky shareholder class action is on
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The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.
‘Not innocent’: Boart Longyear can’t avoid tool recall in patent infringement spat
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Mineral exploration company Boart Longyear has been granted leave to appeal a finding that it infringed a patent for a mining tool, but it can’t avoid a recall of its tools, with a judge saying its actions were “not uninformed or innocent”.
Bentleys sued over alleged sexual harassment by senior exec
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Sydney advisory and accounting firm Bentleys has been hit with a lawsuit by a former HR adviser alleging sexual assault, harassment and “exhibitionist and shocking behaviour” by a senior executive which left her with post-traumatic stress disorder.
Law firm principal agrees to keep clear of retirement villages in Aveo class action
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The principal of a law firm running a class action against retirement home provider Aveo Group has agreed not to drop in on residents without giving the company notice.
Lloyd’s underwriters dodge coverage for EP Financial negligence suit
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A group of Lloyd’s underwriters are off the hook for financial services company EP Financial Services’ costs in an lawsuit over allegedly negligent financial advice, after an appeals court found the exclusions under the policy were valid.
Wife of billionaire developer challenges suppression order in $272M ATO case
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The wife of a billionaire developer has lodged an appeal seeking to suppress the affidavits of a tax official in a $272 million proceeding brought by the Australian Taxation Office.