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MinterEllison hit with unfair dismissal case by chief clients officer
MinterEllison faces an unfair dismissal lawsuit by its former Sydney-based chief clients and markets officer, whose job involved positioning the law firm's adoption of AI.
Former trader loses whistleblower case against ANZ
A judge has thrown out a former ANZ trader's whistleblower case alleging the bank sacked him after he complained about its attempted manipulation of the bank bill swap rate.
IAG reaches settlement with Credit Suisse over Greensill collapse
Insurance Australia Group has reportedly settled a multibillion dollar case by Credit Suisse over the collapse of supply chain financier Greensill Capital on the eve of a five-month trial.
Strip search class action loses bid to strike out NSW’s defence
A class action over alleged unlawful strip searches at music festivals has lost its bid to strike out the NSW government’s defence against claims of sample group members, after the lead plaintiff was awarded $93,000 in damages.
KPMG hands over ‘substantial’ materials it claims privilege over, ASIC says
KPMG has handed ASIC a "substantial body of material" over which it claimed legal professional privilege, as IAG announces it will not invite the embattled accounting firm to tender for its audit.
Allianz can’t get contribution from AIG in fight over Built Tech claims
Allianz has lost its bid to recover a contribution from AIG over a $1.65 million worker's compensation claim against Icon subcontractor Built Tech Hoardings.
HungryPanda wants to lift stay in suit against competitor Fantuan
Food delivery service HungryPanda wants to lift a stay in a case against competitor Fantuan over the acquisition of delivery platform EASI, after a $24 million judgment was entered in related UK proceedings.
ASIC alleges comparison site sold customer enquiries to highest bidder
The corporate regulator has taken a financial products comparison site to court, alleging it misled consumers by representing that it compared options from multiple providers when in reality, consumer enquiries were sold to the highest bidder.
Macquarie hit with second class action by investors in Shield fund
Investment manager Macquarie has been hit with a second class action by investors who sank over $320 million of their superannuation into Keystone's collapsed Shield Master Fund.
AER appeals to High Court after AGL wins return of $25M penalty
The Australian Energy Regulator has brought a High Court challenge to orders that it return a $25 million penalty paid by power company AGL for overcharging hundreds of customers receiving Centrelink payments.