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ACCC appeals loss over Woolworths ‘eco’ plate claims
The Australian Competition and Consumer Commission has appealed a Federal Court ruling that found Woolworths' environmental claims for its line of compostable plates, bowls and cutlery were accurate, not false and misleading.
Judge says ASIC should have brought Murray Goulburn bosses to court ‘a long time ago’
A judge on Friday asked the corporate regulator why it delayed action against former Murray Goulburn managing director Gary Helou and CFO Bradley Hingle until two years' after the consumer watchdog brought its case against the pair.
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.
ABC wants AFP affidavit that secured ‘legally unreasonable’ search warrant
The Australian Broadcasting Corporation, which is fighting the legality of a police raid on its Sydney headquarters, has urged the Federal Court to order the Australian Federal Police to hand over a document it produced as rationale for obtaining a search warrant.
Record $34.5M criminal cartel fine handed down against Japanese shipping company
Japanese shipping company K-Line has been hit with a $34.5 million penalty for criminal cartel conduct, the largest consumer criminal fine in Australian history.
ASIC dragged ‘kicking and screaming’ to produce docs, ex-Tennis Australia director says
Former Tennis Australia director Harold Mitchell has told a court that the corporate regulator had to be dragged "kicking and screaming" to produce documents in its enforcement action over alleged breaches of directorial duties involving negotiations for the Australian Open broadcast rights.
Court approves $1.2M settlement in recycling plant fire class action
The Supreme Court of Victoria has signed off on a $1.2 million settlement of a class action brought on behalf of hundreds of residents and businesses that allegedly suffered loss or injury in a 2017 fire at the Coolaroo recycling plant in Victoria.
Toyota hit with class action over allegedly faulty diesel filters
Car giant Toyota is facing a class action seeking compensation on behalf of around 250,000 vehicle owners who allegedly suffered loss from faulty diesel filters in the automaker's Hilux, Fortuner and Prado diesel model cars.
ASIC ‘plucking numbers out of the air’ in penalty hearing for Vocation execs, court told
Lawyers for former Vocation CEO Mark Hutchinson say the corporate regulator is “plucking numbers out of the air” in its bid to secure disqualifications of up to eight years against the former executives who breached their directors’ duties in relation to the collapsed education provider.
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.