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Travelex wins opposition to blockchain tech company’s trade marks
Intellectual Property 2024-11-26 3:20 pm By Julia Kanapathippillai

International currency exchange company Travelex has won its opposition to three trade marks by blockchain travel company Travelx.

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NAB accused of rescinding job offer to pregnant employee
Employment 2024-11-21 2:46 pm By Julia Kanapathippillai

A former NAB employee has taken the bank to court alleging her employment offer was rescinded after her boss discovered she was pregnant.

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Class action dropped against Westpac unit, applicant to get $1.5M costs
Class Actions 2024-11-20 2:50 pm By Cindy Cameronne

A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out. 

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Banned financial advisor faces charges over undisclosed commissions
Financial Services 2024-11-20 2:10 pm By Julia Kanapathippillai

A banned financial advisor has landed himself in court after allegedly taking secret commissions from clients.

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CBA slams class actions’ ‘misguided’ theory on appeal
Class Actions 2024-11-19 11:03 pm By Sam Matthews

CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.

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Judgment in CBA class actions could affect insider trading cases, Full Court told
Class Actions 2024-11-19 11:42 pm By Sam Matthews

The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.

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HESTA to pay members stung by ‘unfair’ COVID-19 revaluations
Superannuation 2024-11-19 11:53 pm By Julia Kanapathippillai

The trustees of super fund HESTA have agreed to make payments to two groups of members impacted by valuation decisions made at the start of the COVID-19 pandemic.

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Marsh fights ‘serious’ finding it used Greensill litigation docs in UK case
Insurance 2024-11-19 3:57 pm By Christine Caulfield

Insurer Marsh has wasted no time in appealing a ruling that it breached an obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill in separate proceedings.

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CBA class action judge used ‘far too onerous’ test, appeals court told
Class Actions 2024-11-18 11:38 pm By Cindy Cameronne

Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems. 

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ASIC takes NAB to court over customer hardship claims
Financial Services 2024-11-18 12:51 pm By Julia Kanapathippillai

The corporate watchdog is suing the second Big Four bank in two months, alleging NAB mishandled hundreds of hardship applications from vulnerable customers.

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