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New law would crack down on misleading broadband claims
Competition & Consumer Protection 2018-02-27 10:35 am By Cat Fredenburgh

A bill introduced this week seeks to crack down on misleading ads by broadband providers, a practice that recently landed broadband providers Telstra and Optus in hot water with Australia’s consumer regulator.

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Bank of Queensland settles class action over Sherwin scam
Securities 2018-02-27 9:13 am By Christine Caulfield

The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.  

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Judge slams CFMEU’s ‘deplorable record’ of law breaking
Employment 2018-02-26 8:03 pm By Christine Caulfield

The CFMEU has a “deplorable record” of breaking industrial legislation, a Federal Court judge said Monday as it slapped the union and a Victorian delegate with a $105,000 fine for enforcing a closed union construction site in Melbourne.

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Media giants want in on appeal of $4.5M Rebel Wilson award
Media 2018-02-26 7:57 pm By Cat Fredenburgh

Australia’s biggest media companies want to lend their weight to an appeal by Bauer Media of a historic $4.5 million award handed to actor Rebel Wilson last year in a defamation case.

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Australian litigation funder values caseload at $4.7B
Class Actions 2018-02-26 2:38 pm By Cat Fredenburgh

It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.

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ASIC bans life insurance adviser for 5 years
Financial Services 2018-02-23 8:54 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients’ best interests, the second action taken by the corporate regulator through a project that uses data to target bad life insurance advisers.

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Unions can’t ground review of airport workers’ split shifts
Employment 2018-02-23 8:53 pm By Christine Caulfield

In a win for aviation services company Aerocare, a court on Friday ruled the company’s bid for review of its controversial split-shift rosters was not an abuse of process as two unions had argued.

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Westpac faces new claim in life insurance class action
Class Actions 2018-02-23 8:39 pm By Cat Fredenburgh

Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class action lawyers have told a court.

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Amaca can’t get indemnity costs over asbestos settlement
Construction 2018-02-23 8:17 pm By Christine Caulfield

A judge has rejected Amaca’s bid for indemnity costs in a case over contributions to an asbestos class action settlement, but he did not rule on the company’s novel argument that a settlement resulting from mediation could count as the outcome of litigation in awarding costs.

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IP Australia shoots down Bayer patent
Intellectual Property 2018-02-23 8:17 pm By Christine Caulfield

IP Australia handed a win Thursday to a company challenging a Bayer animal drug patent, but gave Bayer an additional two months to address its concerns about the patent application’s deficiencies.

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