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Maurice Blackburn owes State Street royalties for Fearless Girl replica, court hears
US investment manager State Street Global Advisors claims it lost out on royalties when Maurice Blackburn commissioned an allegedly infringing replica of its iconic Fearless Girl statue in New York City, a marketing phenomenon that has been estimated to be valued at up to $38.6 million.
Judge finds ‘seriously arguable’ case that CFMEU organised wharfies ‘go slow’
Australian stevedoring company DP World has won an interim bid to stop a “go slow” at its container terminal in the Port of Melbourne, after a judge found a “seriously arguable” case that the CFMEU was behind the unprotected industrial action.
Radio Rentals class can peek at excess insurance, as court hears claim may exceed $100M
The applicants in the Radio Rentals class action have won access to the company’s excess layer insurance policies, amid concerns that group members’ losses from the allegedly misleading ‘Rent, Try, $1 Buy’ program could surpass $100 million.
Judge says shareholder class action against Brambles ‘taking too long’
A judge overseeing a consolidated shareholder class action against logistics company Brambles has expressed frustration with the parties, who are locked in an unresolved discovery battle three months after his order consolidating the litigation.
RMBL exec told class members he hoped they would opt out of case, court told
Customers of mortgage lending and investment firm RMBL say they were “shocked” when the company’s chief financial officer allegedly called them to say “he hoped” they would opt out of an excessive fees class action that had been filed against the firm.
Government to introduce ban on grandfathered commissions
The Federal Government will introduce legislation Thursday that would ban the grandfathering of conflicted remuneration for financial advisors, after the banking royal commission suggested scrapping the practice.
Opal Tower unit owners launch multi-million dollar class action
A class action has been filed against a NSW state government-controlled entity over Sydney’s scandal-plagued Opal Tower, in a claim that is expected to seek millions of dollars of compensation on behalf of hundreds of apartment owners.
Radio Rentals class action looking for admissions in AIG insurance claim docs
The lead applicant in a class action against Radio Rentals wants access to correspondence relating to the appliance leasing company's insurance coverage with AIG Australia, saying the documents might contain admissions relevant to its case over the company's allegedly misleading 'Rent, Try, $1 Buy' program.
Lendlease faces second shareholder class action after $350M writedown
Construction giant Lendlease faces a second shareholder class action over market disclosures relating to its underperforming engineering division, and joining the case is one of the biggest public pension funds in the US.
Thousands of disabled workers share $109M class action settlement
Almost 7,000 disabled workers have been repaid $109 million in wages as part of a class action settlement distribution that has been called a "fitting end to an historic fight".