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Judge slams class action settlement as “worst” he’s ever seen
Baker McKenzie 2018-05-25 4:06 pm By Miklos Bolza

A Federal Court judge on Friday reluctantly approved a $12 million settlement in the long-running class action against Bank of Queensland, saying it left almost nothing for those affected by the notorious Sherwin Ponzi scheme.

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Medibank ‘disappointed’ that ACCC is appealing case, CEO says
Article 2017-11-13 9:41 pm By Christine Caulfield

Medibank CEO Craig Drummond said Monday the private health insurer was “disappointed” that the ACCC was appealing its loss in a consumer case accusing the insurer of unconscionable conduct in advising members about coverage limits.

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NZ competition cop wants to block OfficeMax deal
Baker McKenzie 2017-11-03 8:51 pm By Cat Fredenburgh

New Zealand has asked the country’s High Court to block Platinum Equity LLC’s bid to buy OfficeMax Holdings Limited, echoing concerns voiced by Australia’s competition regulator that the deal will hinder competition.

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