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ASIC wins injunction against Mayfair 101 promotion language
A judge has issued a temporary injunction limiting how Mayfair 101 can promote two of its investment products, in proceedings brought by ASIC accusing the investment firm of misleading and deceptive advertising.
ASIC targets insurer Youi for taking two years to settle hail damage claim
The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking two years to settle a home owner's hail storm claim.
Payday lender Cigno faces possible predatory lending class action
Cigno is facing a possible class action over alleged predatory lending practices that were banned by the Australian Securities and Investments Commission last year, one day after losing a courtroom challenge to the ban.
Judge not ready to toss defamation case against Twitter, Google over tweets
A judge has refused to summarily dismiss a defamation case brought by a government worker against Twitter, Google and Yahoo over racist, homophobic, anti-Muslim and conspiratorial tweets resulting from an alleged identity theft.
Coronavirus, bushfires push retailer Aussie Disposals into administration
Camping goods retailer Aussie Disposals has entered voluntary administration, blaming the summer bushfires and the coronavirus pandemic for its fate.
Colette administrators not liable for rent payments in COVID-19 downturn, court rules
Administrators of collapsed retailer Colette by Colette Hayman will not have to pay over $714,000 in rent after court ruled that a temporary rent freeze in light of the COVID-19 crisis was in the interests of the company's creditors.
High Court quashes AFP warrant used to raid News Corp journalist’s home
The High Court has quashed a search warrant obtained by the Australian Federal Police and used to raid a News Corp journalist’s home, but did not go so far as to order the return or destruction of documents obtained in the raid.
Facebook, Instagram to seek stay of competition case by Aussie social media startup
Facebook and its subsidiary Instagram will call for a stay of a Federal Court competition lawsuit brought by an Australian social media startup as it seeks to arbitrate the matter under Californian law.
Shine Lawyers’ attempt at video opt-out notice not a Golden Globe winner, judge teases
A Federal Court judge has praised an attempt by Shine Lawyer's head of litigation to create an audio-visual opt out notice for its insurance class action against Westpac, but jokingly remarked that her performance would not win her any acting plaudits.
Payday lender Cigno loses challenge to ASIC ban on short-term credit lending
Payday lender Cigno has lost a challenge to the corporate regulator's first action under powers to prohibit 'predatory' financial products that targeted its model of short-term credit lending.