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An appeals court challenge by a group of small businesses seeking coverage under business interruption insurance policies for losses flowing from COVID-19 restrictions has largely failed.
IAG says underwriter had no authority to issue Greensill Bank trade credit policy
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Insurance Australia Group has denied it owes Greensill Bank $48.5 million under a trade credit policy issued by its agent BCC, saying the underwriter was not authorised to enter into the policy.
Maurice Blackburn appropriated Fearless Girl statue for ‘gender equality credentials’, court told
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Law firm Maurice Blackburn deliberately appropriated the iconic Fearless Girl statue in order to promote its own gender equality credentials, the Full Federal Court has heard.
HWL Ebsworth’s boss can’t slug former partner with costs in case over failed IPO
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Managing partner of HWL Ebsworth Juan Martinez has lost his bid for an order for costs against a former capital partner in a $4.4 million suit after the partner unsuccessfully sought to have the law firm boss named as representative defendant.
Kazal brothers hit with $1.5M judgment for ‘vendetta’ against ex-business partner
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A judge has hit brothers Adam and Charif Kazal with $1.45 million in damages in a defamation lawsuit brought by their former business partner Rodric David and his company, finding the Kazals vilified and denigrated David as part of a ‘vendetta’.
CBA wants more info on $45M rest break lawsuit
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The Commonwealth Bank of Australia wants more details about the Finance Sector Union’s allegations that it failed to provide thousands of employees with paid rest breaks for at least six years.
White & Case picks up Norton Rose global project partner in Sydney
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White & Case has recruited a 15-year veteran of Norton Rose’s project development team for its Sydney office.
High Court to hear BHP challenge to foreign investors in class action
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BHP Group has been granted special leave from the High Court to appeal a ruling that rejected its bid to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster.
Priceline class action on verge of collapse as funder withdraws
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The funder that was bankrolling a class action alleging pharmacy giant Priceline exercised an “overly prescriptive level of control” on franchisees which limited their profitability has withdrawn its support for the proceeding.
New funder signs on for Mesoblast shareholder class action
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A new funder is backing a shareholder class action that will be brought against Australian regenerative medicine company Mesoblast over disclosures related to its Remestemcel-L treatment for COVID-19 complications.