Consolidation of two consumer class actions against Allianz would do away with competition in a contest to lead a single case that would force a drop in the contingency fee rates of the rival law firms, the insurance giant has told a court.
Australian streetwear retailer Culture Kings has hit back at a lawsuit by former world boxing champion and self-proclaimed “baddest man on the planet” Mike Tyson, denying allegations that it misled customers by using his image on its t-shirts.
Cladding manufacturer Fairview Architectural may have $190 million in insurance to cover the claims in a class action over its allegedly combustible cladding products.
Six of the world’s largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
The Australian Competition and Consumer Commission has taken legal action against international dental care company Smile Direct Club for allegedly misleading tens of thousands of consumers with claims they would be eligible for private health insurance coverage for their aligner teeth straighteners.
Two law firms running competing class actions against insurance giant Allianz have dropped a plan to resolve the duplication by jointly running just one of the cases, opting for consolidation instead.
Japanese oil company Inpex has sued Dutch paint manufacturer AkzoNobel for allegedly making misleading statements about an epoxy coating it supplied for use in the Ichthys Liquefied Natural Gas project in Bladin Point, Darwin.
Investment banks accused in the criminal cartel case over a $2.5 billion ANZ share placement will not lose their right to a fair trial with the release of a judgment finding the prosecutors’ indictment deficient, a judge has ruled.
Dixon Advisory has agreed to pay a $7.2 million penalty after admitting to ASIC’s allegations that it failed to act in its clients’ best interests on 53 occasions.
Apple plans to appeal the Full Federal Court’s decision that Epic Games’ misuse of market power lawsuit over it App Store terms should be heard in Australia because the case raises issues of “fundamental public interest”.