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Optus to bring fraud counterclaim in $100M TeleChoice suit
Clayton Utz 2023-01-25 3:12 pm By Sam Matthews Sydney

Optus has won more time to bring a counterclaim in a $100 million lawsuit by mobile retailer TeleChoice alleging it was misled when the telecommunications giant claimed it would earn the same revenue as in an agreement that was being negotiated with Telstra.

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Appeals court sets aside arbitration award in Chevron gas field dispute
Arbitration 2023-01-18 2:59 pm By Sam Matthews Melbourne

An appeals court has dismissed an appeal from two contractors who worked on Chevron’s Gorgon gas field project who allege they were underpaid over $130 million by the energy giant.

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Downer wins pre-litigation docs in $25M spat with Alinta over Pilbara gas project
Ashurst 2023-01-16 3:13 pm By Cindy Cameronne Sydney

Mining company Downer EDI has won its bid to review documents between Alinta Energy and a superintendent who allegedly acted improperly in a spat over a $208 million solar gas hybrid project in the Pilbara region. 

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Class action by NSW local councils against insurer JLT dismissed by court
Alison Hammond 2022-12-19 4:58 pm By Cindy Cameronne Sydney

A judge has thrown out a long-running class action on behalf of 20 local councils in NSW alleging insurer JLT Risk Solutions charged them hundreds of millions of dollars in excessive premiums over nine years.

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Sunwater insurer doesn’t owe coverage for $440M Queensland floods class action
Allens 2022-12-16 9:25 pm By Sam Matthews Melbourne

Queensland government-owned water services provider Sunwater has lost a bid to overturn a judgment letting insurer Liberty Mutual Insurance off the hook for its share of a $440 million settlement in the Queensland floods class action.

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‘No duty to be decent and fair’: Allianz wins High Court appeal over cyclone damage claim
Allianz 2022-12-14 4:59 pm By Cindy Cameronne Sydney

Insurer Allianz has won its challenge to a decision forcing it to indemnify a north Queensland body corporate for cyclone damage despite non-disclosure of serious building defects, with the High Court finding insurers have no general duty to be “decent and fair”.

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Home builder admits to unfair clause banning bad reviews by customers
ACCC 2022-12-13 5:11 pm By Sam Matthews Melbourne

Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.

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ASIC brings first-ever financial penalty case for alleged claims handling breach
ASIC 2022-12-08 5:07 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has brought proceedings against insurance company OnePath Life, marking the first time the corporate regulator is seeking financial penalties for an alleged failure to act with utmost good faith during claims handling.

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Grant Thornton sued by Quantum Graphite over 14-month trading suspension
Accounting 2022-12-02 10:56 pm By Cindy Cameronne Sydney

Mining company Quantum Graphite has filed proceedings against accounting firm Grant Thornton over a 2020 report that caused the Australian Stock Exchange to suspend trading in the mining company’s securities for 14 months.

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Corelogic again seeks to block copyright case over data scraping
Bianca Kabel 2022-12-02 1:24 pm By Sam Matthews Melbourne

Property data analytics firm CoreLogic is taking aim again at a lawsuit accusing it of unauthorised scraping of confidential information from building information provider BCI Media’s copyright-protected leads platform, months after a judge found the case was “defective and deficient”.

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