Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.
ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.
In one of the year’s biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.
The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.
Mineral exploration company Boart Longyear has been granted leave to appeal a finding that it infringed a patent for a mining tool, but it can’t avoid a recall of its tools, with a judge saying its actions were “not uninformed or innocent”.
The principal of a law firm running a class action against retirement home provider Aveo Group has agreed not to drop in on residents without giving the company notice.
A group of Lloyd’s underwriters are off the hook for financial services company EP Financial Services’ costs in an lawsuit over allegedly negligent financial advice, after an appeals court found the exclusions under the policy were valid.
Bookmaker Sportsbet has defeated a bid to overturn a freezing order against the owner of the sportsbet.com domain name in a trade mark infringement dispute stemming from a promotion agreement.
PTTEP Australasia has settled a class action over one of Australia’s largest oil spills, more than a year after a judge ruled that the oil exploration company breached its duty of care to 15,000 Indonesian seaweed farmers and damaged their livelihoods.
Apple has foreshadowed a challenge in the event two law firms seek to work together on a consolidated class action that alleges both Apple and Google engaged in anti-competitive conduct in operating their app stores.