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UGL drops challenge after unions agree not to fund class action
Christina Trahanas 2022-07-27 2:46 pm By Cindy Cameronne

In the wake of a landmark judgment that held class actions are not managed investment schemes, engineering giant UGL has given up its case against two unions that sought to block them from funding an underpayments class action.

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Insurers off hook over coverage for CIMIC Iraq bribery cases
Allens 2022-07-27 2:02 pm By Sam Matthews

A judge has slashed engineering services firm CIMIC Group’s ten insurance claims in half, finding that the company failed to notify five insurers of a handwritten document dubbed the “Iraq file note” in relation to its claims for coverage of costs arising from allegations it engaged in corrupt practices, including bribing Iraqi officials.

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Honda admits ‘accidentally but repeatedly’ misleading customers
ACCC 2022-07-26 12:35 pm By Sam Matthews

Honda has admitted to the Australian Competition and Consumer Commission’s claims that it mislead the customers of two former authorised dealerships, but is seeking to avoid pecuniary penalties for the “accidental” misconduct.

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Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
Accounting 2022-07-25 11:35 pm By Sam Matthews

Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.

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Lane Cove tunnel operator can add claims to $300M case against builders
Allens 2022-07-25 11:18 pm By Cindy Cameronne

A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.

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Penalty in ACCC case against Uber off by more than $20M, judge says
ACCC 2022-07-25 11:07 pm By Sam Matthews

A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as “not within the range”, saying the impact of the rideshare giant’s misleading conduct appeared to be “trivial”.

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Kmart settles Jellycat lawsuit over knockoff ‘Bashful Bunny’
Competition & Consumer Protection 2022-07-25 2:55 pm By Christine Caulfield

Kmart Australia has resolved a case brought by UK-based Jellycat that accused the retailer of selling knockoffs of the plush toy designer’s signature ‘Bashful Bunny’.

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PwC partners knew of unlawful dividend payment to Cornerstone director, court told
Accounting 2022-07-22 9:55 pm By Cindy Cameronne

PwC partners are facing “very serious” allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary education provider Cornerstone was unlawful.

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New competition class actions in the works against Apple, Google
Allens 2022-07-22 9:10 pm By Sam Matthews

Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.

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Pitcher Partners looks to shut down $128M Twigg family lawsuit
Accounting 2022-07-22 8:48 pm By Cindy Cameronne

Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 million in family trust money for himself.

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