An Australian litigation funder has warned a parliamentary inquiry into class actions that there is unlikely to be any funded class actions filed for up to 12 months, with new laws, set to take effect from August 22, creating a “regulatory vacuum”.
A senior officer from the ACCC has rejected claims that the regulator took legal advice from immunity applicant JPMorgan before launching its high profile criminal cartel case against ANZ, Citigroup and Deutsche Bank.
AMP Life has been hit with a class action alleging its financial representatives pushed inflated insurance policies onto 100,000 customers while knowing that better policies could be found through other providers.
Shine Lawyers has brought a class action in the Federal Court against cruise operators Carnival and Princess Cruise Lines over their handling of a deadly coronavirus outbreak aboard the Ruby Princess cruise ship that is linked to at least 20 deaths.
HWL Ebsworth, the law firm at the centre of a coronavirus outbreak, is facing an investigation by WorkSafe that could result in criminal charges for breaches of workplace health and safety laws.
A national law firm has dodged an application for access to the files of its current and former clients brought by lawyers investigating a possible class action over allegedly excessive legal costs in personal injury litigation.
A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the “incredibly slapdash” methods of the ACCC.
The Australian Competition and Consumer Commission has instituted court proceedings against a unit of French sporting goods giant Decathlon alleging it flouted product safety standards over a three-year period.
An appeals court has sided with James Cook University in its appeal of a ruling awarding $1.2 million to sacked climate skeptic professor Peter Ridd, saying the academic’s right to express unpopular views was “necessarily constrained”.
Online odd jobs platform Service Seeking has been fined $600,000 for falsely representing that reviews on its platform were written by customers when in fact they were written by the businesses themselves.