Most Recent
The Star cops record $100M fine, licence suspension following damning report
Adam Bell 2022-10-17 5:44 pm By Cindy Cameronne Sydney
The NSW gaming regulator has suspended the Star Entertainment Group’s casino license and handed it a $100 million fine after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.
Judge grills law firm for spending 180 hours on pleadings in Drakes class action
Adero Law 2022-10-17 2:24 pm By Cindy Cameronne Sydney
A judge has questioned a class action firm’s claim that it and its counsel spent 180 hours and $63,000 in fees preparing pleadings in an underpayments class action against supermarket chain Drakes, saying the number of hours was not “reasonable”.
Judge’s comments on class action costs ‘hurtful’, law firm says
Adero Law 2022-10-17 4:26 pm By Cindy Cameronne Sydney
A law firm has lost its bid to appoint a costs referee after reaching a $5.8 million class action settlement with the On The Run convenience store chain, saying it was “hurtful” for a judge to suggest the firm wanted to “maximise its position” over group members.
Cheese makers challenge Kraft’s ‘parmesan’ trade mark
Appeals 2022-10-17 11:06 pm By Cat Fredenburgh
A consortium of parmigiano reggiano producers who claim Kraft Foods' 'Kraft parmesan cheese' trade will lead customers to believe the food giant's cheese is made in Italy have taken their fight to the Federal Court.
High Court won’t hear appeals in COVID-19 business interruption test cases
Allens 2022-10-14 5:03 pm By Christine Caulfield
An appeals court's "radical" approach in the treatment of JobKeeper payments won't be scrutinised by the High Court, which on Friday declined to hear an appeal by IAG in the second set of COVID-19 business interruption test cases.
NAB defeats unconscionable conduct case by vehicle finance brokerage
Bransgroves Lawyers 2022-10-14 9:40 pm By Sam Matthews Melbourne
A judge has tossed a broker’s lawsuit against NAB and its former subsidiary FAST, finding the bank was entitled to terminate its accreditation over the use of a banned broker’s trail book.
ANZ close to settling class action over ‘junk’ add-on insurance
Class Actions 2022-10-14 4:06 pm By Sam Matthews Melbourne
Insurer QBE has settled a class action over ANZ's sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two other named insurers will soon reach a deal to resolve the claims against them.
Austal hit with $700,000 penalty over $3.5B US Navy program disclosures
ASIC 2022-10-14 11:21 pm By Cat Fredenburgh
Defence shipbuilder Austal and its CEO have agreed to pay a combined $700,000 in penalties for violating the Corporations Act by failing to notify the market of a US$90 million writeback related to the company's $3.5 billion US Navy warship program.
Court sides with Deicorp in $90M suit over sale of properties in Sydney’s Castle Hill
Alastair Vincent 2022-10-14 4:37 pm By Sam Matthews Melbourne
Property developer Deicorp has secured a win in a lawsuit brought by a Hong Kong real estate billionaire after Deicorp reneged on a $45 million property deal, with a judge finding the purchaser failed to properly nominate its special purpose vehicle under the contract for sale.
Retail Food Group files bid to quash franchisee class action
ACCC 2022-10-14 10:56 pm By Cat Fredenburgh
Retail Food Group has filed an application to shut down a class action by former franchisees of its Michel's Patisserie chain who claim to have suffered losses stemming from changes to the franchise giant's supply chain in 2015 and 2016.