CBA fined $7M after judge questions if penalty has enough ‘sting’

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A judge has slugged the Commonwealth Bank of Australia with a $7 million fine in proceedings brought by ASIC for excessive interest charged to thousands of overdraft customers, but noted the penalty amounted to profits from just six hours of operation for the Big Four bank.

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QC for Bega in trade mark dispute elevated to Federal Circuit Court

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The Attorney-General has appointed three new judges to the busy Federal Circuit Court, including the barrister who represented Bega in a high-stakes trade mark lawsuit brought by a rival.

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Billionaire Brett Blundy defeats lawsuit by Honey Birdette co-founder

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A former director of provocative lingerie retailer Honey Birdette has lost a lawsuit against billionaire retail entrepreneur Brett Blundy seeking damages after a relationship breakdown saw her bought out of the firm.

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CoreLogic hit with copyright lawsuit over data scraping

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Building and construction information service provider BCI Media is suing CoreLogic, accusing the property data analytics company of unauthorised access and scraping confidential information from its copyright-protected leads platform.

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Quintis class action settlement could get $11M boost after insurers come up short

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A lengthy dispute over insurance in a settled class action against sandalwood producer Quintis has been resolved, with the Federal Court rejecting a challenge by two insurers to the rectification of policies that could provide a further $11.25 million in recoveries to group members.

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Judge deals Star winning hand in pursuit of high-roller who lost $43M in a week

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Star Entertainment can continue its case against a wealthy junket gambler who dishonoured a cheque after losing $43 million in one week at the Baccarat table at Star’s Gold Coast casino.

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Ben Roberts-Smith trial to feature testimony from Afghan witnesses about alleged murder

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A judge has allowed four Afghan witnesses who allegedly saw Ben Roberts-Smith kick a handcuffed Afghan citizen off a cliff to give evidence remotely when the Australian war veteran’s defamation case against three newspapers heads to trial in June.

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Porter says ABC journalist’s ‘hypocrisy’ boosts case for aggravated damages

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The “hypocrisy” of ABC journalist Louise Milligan in criticising the host of Media Watch for not seeking comment before a broadcast last month has aggravated the damage caused by her defamatory article, the former Attorney-General and accused rapist has told a court.

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Ashurst doubles bonus pool to reward staff for strong pandemic performance

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Ashurst has become the second Big Six firm to up its bonus game to reward staff for the firm’s strong performance during the coronavirus pandemic, doubling its bonus pool for the year and promising staff a one-time £1,000 special reward.

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