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Medibank ordered to pay $5M for misleading members over coverage for critical surgery
A judge has ordered private health insurer Medibank to pay $5 million in penalties for rejecting the claims of hundreds of members who were entitled to coverage for critical medical procedures, including spinal surgery.
Elaine Stead says in-person mediation ‘waste of time’ in Nine defamation case
Venture capitalist Elaine Stead has refused to go into a second round of mediation in her defamation case against the Nine-owned Fairfax Media Publications saying it would be a "waste of time".
‘Horrendous class action journey’: BoQ case should be focus of inquiry, group members say
Elderly victims of Ponzi schemer Bradley Sherwin have told the government's class action inquiry of their "horrendous class action journey", which led to a "pathetic outcome" in which the majority of a $12 million settlement with the Bank of Queensland went to the law firm and funder behind the case.
ASIC declined to take action on class action funding arrangement, inquiry told
The corporate watchdog would not take action on funding terms in a Fair Work class action brought by Adero Law, after receiving reports of potential misleading or deceptive conduct by the law firm and the funder backing the case, according to submissions made in the government's latest inquiry into litigation funding and class actions.
Ford docs don’t contain trade secrets, class action judge says
The judge hearing a class action trial against Ford over its allegedly defective Powershift transmission has rejected the car maker's argument that certain documents should be suppressed because they hold trade secrets, saying Ford did not invent the 6 Sigma problem solving method on which some of the reports were based.
P&G says stores will stop stocking its whitening toothpaste if Colgate case isn’t fast tracked
Personal care giant Procter & Gamble has told a court that some of its Oral B teeth whitening products may be taken off retailer’s shelves if its lawsuit, which alleges competitor Colgate-Palmolive made misleading claims that its whitening toothpaste can remove 10 years of stains, is not expedited.
Westpac faces class action over car loan ‘rort’
Westpac is facing a class action over an allegedly dishonest car loan scheme that was eventually banned by the corporate regulator.
Hytera loses latest bid to vacate Motorola trial over worries about witnesses catching coronavirus
Hytera Communications has lost its latest attempt to adjourn an upcoming virtual trial in a copyright case brought by rival Motorola, despite concerns by the Chinese radio manufacturer that witnesses could be exposed to the coronavirus if forced to travel to give evidence.
Slyp co-founders win second chance to patent smart receipt tech after ‘misunderstanding’ lawyer’s advice
The co-founders of fintech company Slyp have been given a second chance to patent their digital receipts technology after IP Australia found that they "misunderstood" the advice of their previous patent lawyer.
ASIC wins appeal of ruling overturning life ban against financial adviser
The Australian Securities and Investments Commission has won its challenge to a tribunal ruling that overturned a permanant ban imposed on a RI Advice Group authorised financial planner who double charged his clients.