NAB unit NULIS Nominees was âhopelessly conflictedâ in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the first day of a class action trial.
Westpac has been hit with a class action for allegedly overcharging superannuation customers for insurance coverage, months after paying $30 million to settle a separate superannuation class action.
A bondholder class action against Virgin is heating up, with the airline filing a cross-claim seeking the courtâs approval to demand periodic payments from the applicant to cover its costs under a contentious indemnity clause.
A class action against the AFL on behalf of players who allegedly suffered brain injuries will expand its group definition to include family members and dependents, while a competing case by the widow of Shane Tuck has been dropped.Â
Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving more than three-quarters of the settlement to be distributed to group members.
A judge has raised concerns about expert evidence in a dispute between Acciona Infrastructure, Ferrovial Construction and three insurers over losses during construction of the $695 million Pacific Highway in NSW, saying the expert referral process had âgone off the railsâ.
The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.
The ASX-listed Shine Lawyers has earned marks for improvement in a review by ASIC of its disclosures relating to interest on litigation funding loans, the corporate regulator said Thursday.
Agricultural giant Graincorp has hit back at a class action filed by rural Victorians who allege that a loud and foul-smelling oilseed factory run by the “high-handed” company has reduced the value of their homes and affected their health.
A judge has denied Fairfax’s bid to strike out allegations by a Western Australian businessman that it was the publisher of allegedly defamatory comments that appeared on one of its Facebook pages.