A judge will appoint an independent barrister to determine the allocation of settlement proceeds between insured group members and their insurers from two St Patrick’s Day bushfire class actions, finding that the ‘overly combative’ conduct of law firm Maddens warranted the appointment despite the extra costs involved.
McGowan says Clive Palmer can’t defend truth of criminal cover up imputation
Banksia funder’s son would have confided in friend had he known of dad’s deception, court told
Whistleblower laws don’t apply retrospectively, judge says in ANZ bank trader’s case
ASIC accuses forex broker Union Standard of exposing Chinese customers to criminal charges
Spotless on the hook for redundancy entitlements after High Court declines special leave
Melbourne cafe to hand over $646,000 to court in fee spat with law firm
Designer drops ‘ill-advised’ lawsuit over bikini style trade mark
Women’s fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival’s use of the name ‘Delphine’ to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the ‘ill-advised’ lawsuit.
APRA trims $250M additional capital requirement for Allianz
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The prudential regulator has reduced a requirement that Allianz Australia hold an extra $250 million in capital by $100 million, noting steps the insurer had taken to improve its risk management. The Australian Prudential Regulation Authority imposed the additional capital requirement…