RAMS franchisees have called out the Westpac unit for āold school litigation,ā as they seek information about alleged anomalies in home loan applications that led to the nixing of their franchise agreements.
A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out.Ā
A class action targeting Westpac subsidiary BT Funds and Tal Life Insurance was discontinued after documents discovered by the companies caused funder Woodsford to bow out.
Expert evidence is not meant to āprovide a judge with comfortā, a judge has found in rejecting evidence from two experts in flex commissions class actions against Westpac and Macquarie.
Westpac and two other lenders have won their cases alleging they were scammed out of $500 million in loans to the Forum group of companies.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.Ā Ā
Westpac’s shuttered home loan unit RAMS may hit back at franchisees’ class action claims by alleging they made misrepresentations and provided fraudulent documents.
A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
The law firm running class actions against ANZ and Westpac has been pulled up for claiming confidentiality over a solicitor’s affidavits on the costs incurred by the applicants since the court approved settlements in the cases.
Banks targeted in long-running class actions over flexible commission schemes for car dealers are resisting the plaintiffsā bid to amend their pleadings to āget aroundā the defence that certain claims are time-barred.