The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice approving the company’s advertising of financial products that a court has found misled investors.
The New Zealand arms of ANZ and the Commonwealth Bank have been hit with a multimillion dollar class action alleging they have failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans with the banks.
Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker’s decision earlier this year to abandon a dealership model in Australia.
A judge has ruled legal challenges to orders requiring COVID-19 vaccines for certain workers in New South Wales are not exceptional enough to warrant the disclosure of cabinet documents, with the judge noting he did not think the state health minister’s orders made vaccines “mandatory”.
Logistics company GetSwift’s settlement of a shareholder class action will see group members share in $1.5 million cash plus access to further funds and revenue raised by the company over a three-year period.
Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.
The a2 Milk Company has reached a settlement in its fight against New Zealand-based Open Country’s trade mark containing the jealously guarded ‘a2’, with the rival dairy supplier dropping its successful application to register the mark.
The Australian Competition and Consumer Commission says it should be given more power to regulate the $9.5 billion advertising technology sector, after a report revealed Google’s overwhelming dominance could lead to consumers paying more for advertised goods.
A property developer suing law firm Sparke Helmore in a $1 million negligence suit has resisted a bid for $215,000 in security for costs made weeks ahead of a four-day hearing in the matter, calling the sum “excessive”.
Prosecutors have told a court they are nearing deals with a number of individuals accused of criminal charges in its cartel case against Vina Money Transfer.