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Mawhinney must pay $1.3M to continue suit against McGrathNicol receivers
Real Estate 2023-09-11 5:09 pm By Cindy Cameronne

Mayfair 101 founder James Mawhinney must pay $1.3 million in security within six weeks or a case brought on behalf of his property management group Mainland against a lender and two McGrathNichol receivers will be thrown out.Ā 

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Clifford Chance nabs Herbert Smith Freehills M&A veteran
Business of Law 2023-09-11 11:40 pm By Sam Matthews

Clifford Chance has snagged an M&A partner from Herbert Smith Freehills to join its growing corporate practice.

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COVID-19 insurance class action members can ā€˜have their cake and eat it tooā€™: judge
Insurance 2023-09-08 11:55 pm By Cindy Cameronne

A judge considering bids to de-class COVID-19 business interruption class actions has said group members can sign up for the representative proceedings but later decide to make claims directly with their insurers.

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NAB sues You Need A Budget app, says brand will confuse Aussies
Intellectual Property 2023-09-08 11:58 pm By Christine Caulfield

National Australia Bank is suing US company You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.

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Sydney MP claims aggravation from Mark Latham’s ‘disgraceful’ defamation defence
Defamation 2023-09-08 9:41 pm By Christine Caulfield

Independent Sydney MP Alex Greenwich, who is suing politician Mark Latham over a homophobic social media post, claims the One Nation NSW leader’s defence has aggravated his damages by relying on a “disgraceful” gay stereotype.

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Ben Roberts-Smith funder Seven says ruling on emails has ‘far reaching implications’
Defamation 2023-09-08 2:56 pm By Sam Matthews

Former soldier Ben Roberts-Smith and Seven Network, which funded his defamation case, have asked for the Full Federal Court to weigh in on appeals against a decision requiring the production of thousands of emails passing between them, which the broadcaster said has implications for all funded proceedings.

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ASIC alleges AustralianSuper caused $69M in member losses
Financial Services 2023-09-08 11:00 pm By Cat Fredenburgh

The corporate regulator has taken the country’s largest superannuation fund, AustralianSuper, to court for allegedly causing $69 million in losses to customers by failing to merge multiple superannuation accounts.

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Care A2 tries again to block Gensco’s US suit over baby formula deal
Food and Beverage 2023-09-08 11:57 pm By Cat Fredenburgh

Infant formula giant Care A2 will try again to block business partner Gensco from bringing claims against it in a US court that overlap with a $200 million Australian lawsuit over a deal to sell formula in the US.

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ME Bank pleads guilty to misleading borrowers, says crime didn’t hurt anyone
Financial Services 2023-09-07 11:00 pm By Sam Matthews

Direct bank Members Equity has pleaded guilty to criminal charges over misleading representations to customers, but a judge has questioned the bankā€™s submissions in favour of a low penalty, noting it was only ā€œhappenstanceā€ that a systems glitch didnā€™t lead to worse outcomes for customers.

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WA home builder to face class action over construction delays
Construction 2023-09-07 11:00 pm By Cat Fredenburgh

Perth-based homebuilder BGC Housing Group will face a class action on behalf of thousands of home owners who allege they have been harmed by lengthy construction delays.

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