Lawyers behind a class action against AMP over changes to its buyer of last resort policy have told a court the parties can’t agree on releases attached to BOLR payments that require exiting financial advisers to waive their claims in the litigation.
Treasurer Josh Frydenberg has indicated the government may oppose GetSwift’s bid to relocate to Canada while it’s facing a $50 million shareholder class action and ASIC enforcement proceedings, a move which a judge recently described as “not a good look”.
The CEO of fintech company iSignthis turned down an offer by the Australian Financial Review to pay $30,000 and retract portions of an article he claimed falsely linked him to a money laundering scheme, but his defamation case against publisher Fairfax might not proceed to trial if the judge overseeing the case can help it.
The state of South Australia is facing a possible class action over a restrictive six-day lockdown that was lifted after two days when it was discovered that a worker connected to a coronavirus outbreak in Adelaide had lied to contact tracers about the time he spent at a pizza shop.
Billionaire Clive Palmer has reached a deal to end his many legal woes with villa owners at the shuttered Palmer Coolum Resort in Queensland, a month after his $21 million settlement offer was rejected.
A former Rio Tinto executive living in the US who wants to appear in person at an upcoming trial in a case brought by ASIC says the hearing should be moved to next year when a COVID-19 vaccine will likely become available and he could travel to Australia to “mount a vital defence”.
The Victorian government on Monday launched a pilot scheme to give casual and insecure workers up to five days’ sick and carer’s pay, but the plan earned scathing criticism from business groups and Attorney-General Christian Porter, who labelled it a business killer.
A judge has dismissed the bulk of a consumer case brought by the ACCC against caravan and campervan manufacturer Jayco Corp, finding that the regulator’s action fell short of proving allegations of unconscionable conduct.
A class action alleging a national personal injury firm overcharged clients will be discontinued after the lawyer behind the case, who failed in his bid to send a notice to group members soliciting funds, said he was not prepared to run the proceedings on a no win, no fee basis.
A judge has signed off on nearly $3.4 million in costs in a $5.7 million settlement reached in a class action over a 2016 stampede at the Falls Music and Arts Festival in Victoria.
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