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Broker can’t take back admission in Provident class action defence
Class Actions 2018-09-21 2:38 pm By Miklos Bolza Sydney
A judge has shot down a last minute bid by an insurance brokerage facing a cross claim in a class action over failed debenture issuer Provident Capital to retract an admission in its defence ahead of trial next month.
IOOF unit seeks to expand claims against insurance broker in Provident class action
Class Actions 2018-08-13 9:17 pm By Miklos Bolza Sydney
IOOF subsidiary Australian Executive Trustees wants to expand the cross-claim it filed against insurance broker Willis Australia in the class action over the collapse of Provident Capital, two weeks after AET agreed to fork over $44.25 million to settle the matter.