The corporate watchdog has warned “robust” enforcement action is on the cards for banks and lenders, after a review found consumer credit insurance policies to be “extremely poor value for money”, paying out as little as 11 cents per dollar spent in premiums on average.
Mitsubishi Motors is facing a class action investigation over allegedly misleading Triton 4WD fuel consumption labels that were at the centre of an individual consumer case that resulted in a $40,000 refund.
The NRMA’s bid to restrain the maritime union’s campaign over the safety and employment standards of Sydney’s fast ferry services on the grounds that it violates IP and consumer laws is set to be fast tracked after a judge noted the “significant” case could raise freedom of speech issues.
Rival law firms Maurice Blackburn and Phi Finney McDonald will be allowed to work together without consolidating their separate shareholder class actions against the Commonwealth Bank of Australia, after a judge ruled that the bank had overstated the potential for extra costs and delays.
A Queensland couple has filed a product liability claim against Samsung seeking almost half a million dollars in damages, after their washing machine allegedly exploded and sparked a fire that burnt their house to the ground.
Streetwear brand Globe International has alleged department store chain Kmart was reasonably aware it was infringing copyright, after internal emails revealed Kmart clothing designers shared links to Globe’s workwear designs before proposing to trial “this more youthful workwear… ASAP”.
British child safety product manufacturer Britax has lost its opposition to an Australian competitor’s patent for a lightweight child booster seat, after contradicting inventiveness claims made in its own application for a similar product.
A settlement has been reached in the second of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, under which energy distributor PowerCor will be released of any liability and group members will walk away with nothing.
The Fair Work Commission has ruled that “theft is theft, no matter the value” as it dismisses the claims of two Virgin Australia baggage handlers who allegedly stole two packets of cigarettes worth less than $50 while loading freight onto a domestic flight.
German-based cladding manufacturer 3A Composites has foreshadowed potential cross claims against third party engineers and certifiers in one of two class actions brought over allegedly dangerous combustible cladding used in countless buildings across Australia.