The Australian Securities and Investments Commission has filed an appeal against the Federal Courtās responsible lending ruling in favour of Westpac, arguing the decision had created uncertainty around the obligations of credit providers.
Two Westpac units have been hit with a class action over allegedly excessive superannuation interest rates,Ā the third class action filed as part of Slater and Gordon’s $1 billion ‘Get Your Super Back’ campaign.
A judge has consolidated two concurrent cases against the former directors and auditors of collapsed construction company Forge Group, after warning the overlapping actions needed to be carefully managed to avoid it becoming an āunrideable bullā.
The $29 million settlement in the Radio Rentals ‘Rent, Try, $1 Buy’ class action is back on track after concerns by former CEO James Marshall about uncertainty in the deed of settlement were resolved.
Commodity trading and mining company Glencore has won a fight with the Australian Taxation Office over a $92 million tax bill related to copper purchased from a subsidiary operating the Cobar mine in NSW.
Agricultural fund manager Rural Funds Group has briefed a top-tier law firm to bring āunprecedentedā legal action against US company Bonitas Research, after the activist short seller accused the group of fraud and sent its share price plummeting.
The barrister leading an appeal seeking to revive Quinn Emanuel’s fees for no service class action against AMP has criticised the approach taken in the landmark GetSwift ruling on competing class actions, saying it placed the court in the role of auctioneer and actually encouraged duplicative proceedings.
A Sydney-based law firm has over 200 lawsuits in the pipeline against medical professionals across the country seeking compensation for injuries caused by allegedly dangerous pelvic mesh implants.
The Australian Securities and Investments Commission has brought legal action against National Australia Bank over its scandal-ridden ‘Introducer’ loan referral program.
Six individuals interviewed by ASIC in relation to the collapse of sandalwood producer Quintis have sought leave to intervene in the regulator’s case against the company’s founder, Frank Wilson, after he sought discovery from ASIC of interview transcripts.