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Ashurst has poached legal governance specialist Miriam Kleiner from King & Wood Mallesons to join the firm’s strategic advisory practice.
7-Eleven class action judge urged to accept lawyer’s word on deferred fees claim
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No evidence was produced of a deferred fee arrangement between the law firm and funder backing franchise class actions against 7-Eleven, and the “unequivocal” denial by the solicitor running the cases should be accepted, a court has heard.
Trivago hit with $44.7M penalty for ‘highly misleading’ hotel deals
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A judge has slapped Trivago with $44.7 million in penalties for a “startlingly misleading” rankings system used on its travel comparison website from which it reaped $53 million.
‘Pretty unsatisfactory’: Judge sceptical of Colonial plan to stick ATO with settlement distribution
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A judge has expressed doubts over Colonial First State’s plan to pass on part of its duties to the ATO in distributing a $56.3 million settlement secured by customers in a Maurice Blackburn-led class action.
Westpac slugged with $113M in penalties in six ASIC cases
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A judge on Friday slugged Westpac with a $40 million penalty for charging advice fees to over 11,800 dead customers in the last of six cases brought by the corporate regulator, taking the total to be paid by the bank to $113 million.
SingTel appeals ATO win over deductions on $14B Optus buy
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Telecommunications giant SingTel is challenging a ruling in favour of the Australian Taxation Office’s decision to reject over $894,000 in tax deductions related to its $14.2 billion acquisition of Optus.
Mercedes Benz CEO to hand over docs after dealers decry ‘unsatisfactory’ production
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Mercedes Benz Australia will produce 10,000 pages of documentary evidence alongside material from CEO Florian Seidler, in its fight against a $650 million lawsuit brought by Australian dealers over the car maker’s decision to move to a fixed-price agency model.
Aveo says class action opt out notice would ‘scare’ elderly people
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Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would “scare” elderly people by warning the funder that’s backing a class action against it may seek an “unprecedented” order against certain unfunded group members.
Ex-Deloitte director accused of $3M fraud suspended from restructuring group
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A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.
Judge signs off on $32M in penalties against Westpac
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A judge has approved $32 million in penalties against Westpac in two cases brought by the corporate regulator accusing the bank of misleading thousands of “vulnerable” customers about their debts and failing to manage the accounts of deregistered companies.