ASIC launches action against Insurance Australia over $60M in promised discounts

Please login to bookmark Close

The Australian Securities and Investments Commission has accused the largest general insurer in Australia of short-changing its customers a staggering $60 million in promised discounts, according to action launched in the Federal Court on Friday.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge

Please login to bookmark Close

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Trial in Ben Roberts-Smith’s defamation case delayed to 2022

Please login to bookmark Close

A judge has adjourned trial in the defamation case by accused war criminal Ben Roberts-Smith to early 2022, saying relocation was not practical after COVID-19 restrictions prevented Fairfax’s witnesses travelling to Sydney.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Companies ‘contemptuous’ of merger review rules, ACCC chair says

Please login to bookmark Close

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

High Court judgment sparks concern for isolated judges

Please login to bookmark Close

A recent High Court ruling that condemned communication between trial judges and barristers outside of court could have dire consequences, including further isolation for members of the bench, experts warn.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Banksia class action judgment shows force of Vic’s overarching obligations

Please login to bookmark Close

This week’s judgment referring the conduct of lawyers behind the Banksia class action to prosecutors shows the effectiveness of unique legislative provisions in Victoria that should serve as a blueprint for federal reform, says barrister and University of New South Wales adjunct professor Dr Peter Cashman.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Sparke Helmore loses ‘excessive’ $215,000 security bid in negligence suit

Please login to bookmark Close

A judge has granted law firm Sparke Helmore’s bid for additional security in a negligence lawsuit brought by a property developer, but agreed the $215,000 sought by the firm was excessive.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Former CoCo Joy boss charged with running company while disqualified

Please login to bookmark Close

The former CEO of failed coconut water venture CoCo Joy, which once sponsored the Manly-Warringah Sea Eagles NRL team, faces charges he managed the company while disqualified due to bankruptcy.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Hall & Wilcox nabs two Big Six lawyers to grow employment practice

Please login to bookmark Close

Independent Australian law firm Hall & Wilcox has nabbed “high calibre” employment lawyers from Corrs Chambers Westgarth and King & Wood Mallesons as it seeks to expand its presence in Western Australia.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?