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Law firm wins 30% contingency fee rate in IAG shareholder class action
Class Actions 2024-02-29 11:50 pm By Christine Caulfield

The law firm behind a class action against Insurance Australia Group has secured a group costs order that will give it 30 per cent of any proceeds — a contingency fee rate six percentage points higher than the median rate for shareholder cases.

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In Hutchinson, CFMEU boycott case, ACCC failed to prove more than ‘industrial muscle’ at work
Construction 2024-02-29 11:44 pm By Christine Caulfield

Builder J Hutchinson and the union for construction workers have successfully appealed a finding that they unlawfully agreed to boycott an independent subcontractor at a Brisbane building site.

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ASIC wins appeal over funeral insurer’s ‘Aboriginal-owned’ representations
Appeals 2024-02-29 11:18 pm By Cat Fredenburgh

The Full Federal Court has found it was “abundantly clear” on the evidence before a trial judge that funeral expenses insurance provider ACBG misrepresented to Aboriginal customers that it was Aboriginal owned or managed, but found ASIC contributed to the error with its bad pleadings.

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Mecca resolves suit over post-maternity leave redundancy
Employment 2024-02-29 4:56 pm By Cat Fredenburgh

The former head of brand marketing at Mecca Brand has dropped her lawsuit alleging the cosmetics retailer violated the Fair Work Act by making her position redundant after a period of maternity leave.

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ASIC wins bankruptcy orders against ‘ASX Wolf’ Tyson Scholz
Financial Services 2024-02-29 5:50 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won sequestration orders against Gold Coast ‘finfluencer’ Tyson Scholz after he failed to pay the regulator’s costs in proceedings that resulted in him being permanently barred from carrying on a unlicensed financial services business.

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Finfluencer’s $60,000 settlement offer no better than declaration of TM infringement, court says
Intellectual Property 2024-02-29 11:17 pm By Christine Caulfield

A ruling that finfluencer Canna Campbell infringed a rival’s ‘financial foreplay’ trade mark but owed zero damages was not a less favourable outcome for a fellow financial advisor than a $60,000 settlement offer, a court has found in rejecting a bid for indemnity costs.

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Appeal dropped in first junior doctors class action to go to trial
Class Actions 2024-02-28 11:31 pm By Christine Caulfield

Victoria’s Peninsula Health has abandoned an appeal of a ruling in a class action that found it breached workplace laws by failing to pay overtime to a junior doctor, a capitulation that could be a game changer for a series of class actions against health care providers.

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Judge orders soft class closure in ‘junk’ insurance class action
Class Actions 2024-02-28 10:40 pm By Cat Fredenburgh

A judge has ordered soft class closure in a class action against Suncorp unit AAI over allegedly worthless insurance, saying that knowing how many of the 200,000 group members are likely to participate would assist in resolving the case.

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ER doctors hit Melbourne hospital with underpayments suit
Employment 2024-02-28 3:34 pm By Cat Fredenburgh

Twenty-six emergency doctors have brought an underpayments lawsuit against Melbourne hospital operator Austin Health, claiming that for the past six year they have not been paid the full amount they are owed.

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‘So what?’ Judge says rate-rigging class action can’t impose views on registration
Class Actions 2024-02-27 9:58 pm By Cat Fredenburgh

A judge has ordered soft class closure ahead of mediation in a class action against five major banks over alleged foreign exchange rate-rigging, saying the applicant’s subjective view on what will assist mediation should not be imposed on the banks.

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