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Meta can’t keep ACCC case over scam crypto ads under wraps
Competition & Consumer Protection 2022-09-09 12:20 pm By Cindy Cameronne

Facebook-owner Meta has lost its bid for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest. 

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Victims of fake Sydney plastic surgeon Leslie Blackstock can’t sue insurers
Insurance 2022-09-08 5:01 pm By Cindy Cameronne

Two alleged victims of a former Sydney doctor who pretended to be a plastic surgeon and performed breast augmentation surgeries that left them injured cannot make claims against Avant Insurance, an appeals court has ruled. 

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$1M security for costs ordered in Jabiru Satellite case against major banks
Financial Services 2022-09-08 1:06 pm By Cindy Cameronne

A judge has ordered Australian telecommunications companies Jabiru Satellite and NewSat to pay $1 million in security for costs in a lawsuit against eight major banks alleging they wrongfully withdrew financial support for Australia’s first independently owned satellite.

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‘Magnet for litigation’: Dixon Advisory insurers fight to shield policy info in class action
Insurance 2022-09-07 11:29 pm By Cindy Cameronne

Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million. 

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Court upholds $50M award for Siemens in spat over Qatar transport contract
Construction 2022-09-07 11:45 pm By Cindy Cameronne

A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.

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Halifax sues King & Wood Mallesons for negligence
Professional Negligence 2022-09-06 11:22 pm By Cindy Cameronne

Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it had to hold client funds used to trade on its online platforms on trust.

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Opal Tower insurers question reasonableness of class action defence costs
Insurance 2022-09-06 3:27 pm By Cindy Cameronne

Three insurers for builder Icon are planning to test the reasonableness of a structural engineer’s defence costs in a now settled class action brought by apartment owners in Sydney’s ill-fated Opal Tower.

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Clive Palmer’s QNI loses appeal in $26M spat over unpaid gas bill
Energy & Natural Resources 2022-09-06 4:49 pm By Cindy Cameronne

Clive Palmer’s Queensland Nickel refinery has lost its appeal of a decision ordering it pay $26.6 million for natural gas charges owed after a court rejected claims it did not need to repay the money because pipeline owners had breached their duties.

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PFAS class action judge questions enforceability of ‘restrictive’ witness undertaking
Class Actions 2022-09-05 10:22 pm By Cindy Cameronne

A judge has questioned how the government can enforce a “restrictive” undertaking with a former member of the Australian Defence Force who will give key evidence in a class action alleging the Commonwealth contaminated Indigenous land with toxic firefighting foam.

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Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Competition & Consumer Protection 2022-09-05 11:32 pm By Cindy Cameronne

Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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