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A second class action has been filed against insurance giant Allianz seeking compensation for consumers alleged to have been ripped off by “worthless” add-on car insurance.
Funder of live export class action doesn’t need AFSL to sign up new group members
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The group providing funding to claimants in a class action against the federal government over its 2011 ban on live cattle exports to Indonesia does not have to comply with new rules requiring litigation funders to obtain an AFSL and operate as a managed investment scheme in order to sign up new group members.
Judge rejects public interest immunity argument over war crimes docs in Ben Roberts-Smith case
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The chief of the Australian Defence Force has lost a bid to keep information obtained by a war crimes inquiry from three news publishers defending against a defamation suit by war veteran Ben Roberts-Smith.
ASIC calls for 3-year-ban against former Murray Goulburn boss Gary Helou
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The corporate regulator is pushing for a three-year director ban against former Murray Goulburn managing director Gary Helou and a two-year disqualification order against the dairy cooperative’s former chief financial officer over misleading representations about farmgate milk prices five years ago.
In loss for Seiko, High Court adopts patent exhaustion doctrine
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The High Court has ruled that a patentee’s rights to control what can be done with a patented product after it is sold are “exhausted” upon sale.
High Court questions power to hold class action contests
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That a first filed case should be the presumptive winner in a competition between class actions seemed a losing argument before the High Court on Tuesday as the justices weighed a challenge to a ruling picking one among a group of class actions against AMP, but the court also appeared skeptical of the power to hold wide ranging inquiries into the merits of competing cases.
Setka ordered to stop poaching of union members
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CFMEU official Michael O’Connor has successfully appealed a ruling that threw out his lawsuit seeking to restrain union heavyweight John Setka from poaching members from the union’s manufacturing division.
One Nation joins class action reform pushback
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One Nation leader and senator Pauline Hanson will seek amendments to the government’s proposed class action reforms by permitting third party litigation funders to bring claims without a financial services licence if they can guarantee that at least 70 per cent of returns will go to group members.
Shareholder locked in feud with funder drops stay bid in S&P class action
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A contractual dispute between a litigation funder and the lead applicant in a class action against S&P will not prevent the class action from progressing, with both parties giving undertakings to preserve the status quo while the feud remains on foot.
Top judge nudges ASIC, Allianz away from ‘bastardised’ pleadings in travel insurance case
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The Federal Court’s top judge has cautioned ASIC and insurers Allianz and AWP against presenting a “bastardised form of pleading” in the financial watchdog’s action over the alleged misleading sale of travel insurance to over 31,000 consumers.