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Class action investigation over risky CFDs aimed at broker IC Markets
Financial Services 2023-10-24 3:49 pm By Christine Caulfield

Contracts for difference are again the target of a potential class action against an online broker on behalf of inexperienced investors who allegedly lost hundreds of millions of dollars.

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White Oak claims insurer owed a novel duty of care in $6B Greensill cases
Insurance 2023-10-24 9:02 pm By Cindy Cameronne

Lender White Oak Commercial Finance will bring a novel claim against insurer Bond & Credit Company alleging it owed a duty of care to disclose an investigation into Greensill when it bought securities from the collapsed financier’s German-based bank.

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Monsanto loses bid to throw out ‘cut and paste’ expert evidence in Roundup class action
Class Actions 2023-10-24 11:18 pm By Cat Fredenburgh

Monsanto can’t throw out the evidence of an expert for the plaintiff in a class action over its Roundup product who has testified that the company engaged in criminal conduct in trying to bury scientific reports on the popular weed killer’s alleged cancer-causing properties.

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India can’t avoid $111.3M arbitral award over aerospace investments
Arbitration 2023-10-24 4:16 pm By Cindy Cameronne

The Indian government has lost its bid to dodge a $111.3 million arbitral award in a dispute with three Mauritian companies that invested in Indian satellites, with a judge finging the country waived its foreign state immunity. 

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Citibank wants class closure before evidence in rate-rigging case
Competition & Consumer Protection 2023-10-23 11:43 pm By Cindy Cameronne

Citibank has argued group members should be asked to sign on to a class action accusing five major banks of entering a cartel agreement to rig foreign exchange rates before evidence is filed in the case, saying it was impossible to know how much the claims were worth. 

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Journalist claims PTSD from bushfire reporting in suit against Ten
Employment 2023-10-23 10:33 pm By Sam Matthews

Ten wants to stay a sex discrimination claim brought by journalist Tegan George in light of separate personal injury proceedings seeking damages from the broadcaster over PTSD allegedly caused by reporting from the 2019-2020 bushfires.

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Victorian healthcare providers stung with junior doctors class action
Employment 2023-10-23 10:44 pm By Cat Fredenburgh

Two more Victorian healthcare providers have been hit with a class action on behalf of junior doctors alleging they were not paid for unrostered work.

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High Court asked to weigh in on advocate’s immunity shield for solicitor
Appeals 2023-10-23 4:18 pm By Sam Matthews

The High Court has been asked to weigh in on the extent of advocate’s immunity in a dispute between a Sydney solicitor and his former clients, after an appeals court found he couldn’t be sued for negligence for failure to include a breach of contract claim in a building dispute.

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Healthcare industry more vulnerable to cyberattacks, says Wotton + Kearney partner
Privacy & Cybersecurity 2023-10-23 6:17 pm By Cindy Cameronne

The digitisation of healthcare has left the industry particularly vulnerable to cyberattacks, and protecting consumers from breaches is one of the biggest challenges facing the sector, according to a new health law partner at Wotton + Kearney. 

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Seeley wins removal of Infinair trade mark
Intellectual Property 2023-10-23 10:52 pm By Cindy Cameronne

Air conditioning giant Seeley has won its bid to remove rival Infinair’s trade mark after an IP Australia delegate found the Chinese company had not sold any products under the name.

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