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Settlement reached in Takata airbags class actions
Allens 2021-07-13 11:55 pm By Cat Fredenburgh

Six of the world’s largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.

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ASIC wants Allianz to pay $1.5M penalty for travel insurance sold on Expedia
Allens 2021-07-13 1:46 pm By Miklos Bolza

ASIC is seeking $1.5 million in penalties against insurers Allianz and AWP after they admitted to misleading or deceiving the public by selling travel insurance to ineligible customers through three Expedia-owned websites.

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AkzoNobel hit with new lawsuit over $45B Ichthys LNG project
Competition & Consumer Protection 2021-07-12 6:01 pm By Cindy Cameronne

Japanese oil company Inpex has sued Dutch paint manufacturer AkzoNobel for allegedly making misleading statements about an epoxy coating it supplied for use in the Ichthys Liquefied Natural Gas project in Bladin Point, Darwin.

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Fight brewing over competing pelvic mesh class actions against Boston Scientific
AJB Stevens 2021-07-09 9:57 pm By Christine Caulfield

Despite a judge’s urging for the parties to arrive at a “pragmatic solution”, the lawyers behind competing pelvic mesh class actions against Boston Scientific will duke it out for carriage of the proceedings.

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ACCC loses competition case against NSW Ports over 50-year deal with state
Alice Muhlebach 2021-06-29 11:27 am By Cindy Cameronne

The ACCC has lost its regulatory action against NSW Ports alleging a 50-year agreement with the state, signed when Port Botany and Port Kembla were privatised in 2013, was anti-competitive.

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Volkswagen asks High Court to toss landmark $125M Dieselgate penalty
ACCC 2021-06-10 2:56 pm By Cat Fredenburgh

Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.

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Forge liquidators can expand insider trading case against Clough, directors
Anthony Willinge 2021-05-04 4:56 pm By Miklos Bolza

The liquidators of Forge Group have won court approval to expand their insider trading case against construction company Clough over the $187 million sale of its stake in the failed engineering and construction firm.

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Mediation success rates have ‘plummeted’ in COVID era, judge says
Catherine Button 2021-04-28 2:14 pm By Miklos Bolza

A judge has urged parties in a class action against Westpac over superannuation fees to hold an in-person mediation, saying that success rates have “plummeted” during the COVID-19 pandemic as more settlement talks are held virtually.

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ACCC detergent cartel case not doomed to fail, court says in refusing Cussons indemnity costs
Allens 2021-03-22 5:18 pm By Christine Caulfield

PZ Cussons has lost its bid for indemnity costs against the ACCC, with a judge saying the consumer watchdog’s case over an alleged laundry detergent cartel was “significantly wanting” but not hopeless or doomed to fail.

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In win for ACCC, Full Court says vulnerability not essential to proving unconscionable conduct
ACCC 2021-03-22 1:39 pm By Miklos Bolza

The Full Federal Court has ruled that unconscionable conduct under the Australian Consumer Law is not confined to exploitation of vulnerable parties, in an “extremely significant” judgment that will extend the reach of the unconscionable conduct provisions and protect a wider swathe of consumers.

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