A judge has panned ASIC’s bid to discover a wide range of privileged communications between super fund REST and various legal advisers, finding the regulator used a “very wide net” to catch nothing at all.
Car dealers that have brought a class action against General Motors over its decision to retire the Holden brand in Australia rejected offers of compensation totaling close to $5 million, according to court documents.
The ACCC has flagged a number of competition concerns over New Zealand campervan giant THL’s proposed acquisition of Australian competitor Apollo, saying the tie-up could leave campers paying more to hit the road.
A judge has denied Uber’s attempts to withhold documents in two lawsuits on the basis of legal professional privilege, finding many of the client-lawyer communications were made in furtherance of various offences by the rideshare giant at the centre of a class action lawsuit.
Industry fund Maritime Super has been fined $26,640 by the corporate regulator for allegedly misleading members about the impact of its partnership with superannuation fund Hostplus.
Uber has admitted to making misleading statements to passengers and has agreed to pay $26 million in penalties in a case by the consumer regulator over the ridesharing giant’s cancellation warning messages.
A judge has slapped Trivago with $44.7 million in penalties for a “startlingly misleading” rankings system used on its travel comparison website from which it reaped $53 million.
A judge has expressed doubts over Colonial First State’s plan to pass on part of its duties to the ATO in distributing a $56.3 million settlement secured by customers in a Maurice Blackburn-led class action.
Mercedes Benz Australia will produce 10,000 pages of documentary evidence alongside material from CEO Florian Seidler, in its fight against a $650 million lawsuit brought by Australian dealers over the car maker’s decision to move to a fixed-price agency model.
Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would “scare” elderly people by warning the funder that’s backing a class action against it may seek an “unprecedented” order against certain unfunded group members.