NAB

The National Australia Bank has flagged a potential strike-out bid against a landmark case by the Finance Sector Union alleging bank managers were required to work unreasonable unpaid hours for years. 

TPG-owned Anew Climate has sued an Australian company that allegedly impersonated a US carbon offset developer by using “bogus” emails to unlawfully receive payments under a $968 million (US$640 million) investment deal, a court has heard.

A class action over the collapse of Walton Construction has argued the National Australia Bank cannot shield communications with Norton Rose Fulbright and Deloitte because they were made to further a fraud or otherwise had an illegal or improper purpose.

The National Australia Bank and its former head of repo trading both “might need a bit of a reality check” in a discovery stoush, a judge has said in a case alleging the senior employee was bullied and paid less than other workers because of her gender.

The Finance Sector Union has launched a test case against National Australia Bank on behalf of four managers who were allegedly required to work “unreasonable” unpaid hours for years and has warned it will go after the other big banks next.

A court has found National Australia Bank engaged in unconscionable conduct in knowingly overcharging thousands of customers periodic payment fees for four years.

A judge has rejected a bid to add an insolvent trading claim to a $78 million class action over the collapse of Walton Construction, citing “extraordinary” delays in the three-year-old case.

Two former executives of defunct electronics retailer Dick Smith have asked the High Court to hear their challenge to a $11.8 million damages award for approving a dividend payment the company could not afford.

The National Australia Bank has denied claims by a former senior employee that she was bullied and paid less than other workers because of her gender, saying a manager did not brandish a baseball bat in a threatening way but merely carried it around as a ‘fidget toy’.

National Australia Bank has avoided enforcement action and entered into an undertaking with AUSTRAC to settle an investigation into compliance with anti-money laundering and counter-terrorism financing laws.