ANZ has reached a settlement in long-running class action proceedings alleging it hit customers with illegal fees, but the $1.5 million payout falls far short of the many millions IMF Bentham spent in funding the matter.
Customer credit card information and other personal details may have been stolen during a breach of Kathmandu’s online system, the outdoor clothing retailer has revealed.
The Morrison government has backed down from a plan to end trailing commissions for mortgage brokers, a month after embracing the recommendation from the Banking Royal Commission.
E-retailer Catch Group has resolved a trade mark lawsuit it lobbed against a popular online classified ads provider over its “Catch of the week” and “Catch of the month” deals.
A judge has halted a lawsuit by an international law firm against a former director who formed a breakaway law firm with two Australian lawyers and lured lucrative oil and gas clients away from the firm.
Most of the country’s major financial institutions have still not conducted a systemic review of their fees-for-no-service failures, according to ASIC, which called the delays “unreasonable”.
The NSW Land and Environment Court has shot down attempts to further delay demolition work as part of the $729 million redevelopment of Sydney’s Allianz Stadium.
A surgeon who was considering opening a health clinic in Coffs Harbour, NSW recorded one of the meetings central to the competition watchdog’s action against Ramsay Health, in which alleged anti-competitive threats were made by a CEO of two Ramsay units, a court has heard.
Maurice Blackburn has agreed to refrain from any marketing or promotion using a replica of the iconic New York statue, Fearless Girl, while it defends a trade mark lawsuit by State Street Global, the US asset management firm that commissioned the original statue.
The Construction, Forestry, Maritime, Mining and Energy union is seeking court approval to intervene in a class action against labour hire company WorkPac on behalf of casual miners who claim they were denied annual leave and other entitlements.