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‘Bad luck’: Judge denies penniless Captain Cook College’s appeal delay bid
A judge has rejected an application by training provider Captain Cook College to postpone the hearing of its appeal in a case won by the ACCC, saying the company's inability to fund the appeal was “largely a problem of [its] own making.”
Ex-GC can’t access fintech’s financials ahead of mediation in discrimination case
The former general counsel of UK-based transit payment service provider Littlepay has lost her bid to access the firm's financial statements ahead of mediation in a lawsuit alleging she faced discrimination and bullying when she returned to work after the birth of twins.
$98M 7-Eleven class action settlement approved but costs, commission hang in the balance
A judge has signed off on a $98 million settlement in two franchisee class actions against 7-Eleven, but has yet to reach a decision on $19.6 million in legal costs and a $25 million funding commission, which a court-appointed contradictor has urged him to reject.
Law firms accused of ‘fishing’ to expand class action against Treasury Wine Estates
Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.
Australian Grand Prix sued for $8.7M over cancelled 2020 Formula One concert
The Australian Grand Prix Corporation has been sued by a UK entertainment company alleging the COVID-19 related cancellation of the 2020 Melbourne Formula One led to $8.7 million in losses after a related a concert featuring superstar Robbie Williams was also scrapped.
Major banks hit back at rate-rigging class action, argue claims are barred
Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig foreign exchange rates and argue the claims were brought out of time or are barred by settlements in overseas proceedings.
J&J won’t contest follow-on pelvic mesh class action
An additional 1,200 women who were implanted with defective pelvic mesh devices will be eligible for compensation after Johnson & Johnson unit Ethicon agreed that findings in an earlier class action which it unsuccessfully fought all the way to the High Court should apply to a follow-on class action.
WSP to target another insurer over Opal Tower class action coverage after discovering $50M policy
The structural engineer behind Sydney's Opal Tower plans to drag insurer Tokio Marine into a lawsuit against two of Icon's insurers, after discovering another $50 million policy that responds to claims in a class action brought by apartment owners.
ASIC did not threaten security firm with alleged links to bikie gang, court finds
ASIC did not issue threats to a Sydney security company that was being investigated for links to outlaw bike gangs and defrauding the Commonwealth, according to a judge who found the corporate regulator legally terminated its contracts with the company.
Westpac agrees to pay $1.5M to settle ASIC case over unsolicited insurance
Westpac has agreed to pay $1.5 million to settle proceedings brought by ASIC for misleading 141 customers into believing they had purchased add-on insurance.