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Metlife brings action against AFCA in first court showdown for complaints body
Financial Services 2019-05-20 9:36 pm By Christine Caulfield

Insurance giant Metlife has launched legal proceedings against the Australian Financial Complaints Authority to challenge a finding in favour of an injured former NSW police officer, in what is the first Federal Court action against the new external dispute resolution body.

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‘Loose with the truth’ broker wins High Court challenge to ASIC ban
Appeals 2019-05-15 4:32 pm By Miklos Bolza

The High Court has upheld an appeal by a mortgage broker with a history of run-ins with the law, finding that the Administrative Appeals Tribunal could not take spent convictions into account when reviewing ASIC ban orders.

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Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
Class Actions 2019-05-09 11:13 am By Amelia Birnie

A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company’s insurer, AIG Australia, as respondents in a class action, over the protests of Marshall’s lawyer, who said his client couldn’t afford to pay for his defence.

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HWL must produce files in case accusing partner of diverting client funds to pay legal bill
Legal Ethics 2019-05-08 9:06 pm By Amelia Birnie

A judge has dismissed HWL Ebsworth’s claims of a “fishing expedition” and granted discovery of a slew of  internal documents relevant to allegations a partner at the law firm encouraged a company’s directors to unlawfully divert insurance proceeds to pay almost $150,000 in legal bills.

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IAG hit with class action over add-on insurance
Class Actions 2019-04-11 10:58 am By Cat Fredenburgh

Insurance Australia Limited is facing a class action alleging it engaged in misleading and deceptive conduct by pushing worthless add-on insurance onto individuals purchasing motor vehicles through authorised dealers.

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Reckitt using court to beat competitors, AFT tells judge in spat over Maxigesic ads
Competition & Consumer Protection 2019-03-27 3:26 pm By Miklos Bolza

AFT Pharmaceuticals has accused rival Reckitt Benckiser of using the court as a “clearance house” to beat its competitors, the latest development in a long-running dispute over AFT’s Maxigesic ads.

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Class action trial against WorleyParsons back on as new judge steps in
Class Actions 2019-03-20 12:55 pm By Miklos Bolza

Trial in a shareholder class action against engineering company WorleyParsons will be heard by a new judge in late August, six months after it was unexpectedly vacated.

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AFT agrees to temporary injunction over new Maxigesic ads
Competition & Consumer Protection 2019-03-05 8:24 pm By Miklos Bolza

AFT Pharmaceuticals has agreed to a court order temporarily restraining it from distributing point of sale material containing updated claims that its painkiller Maxigesic is more effective than other over-the-counter medications.

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AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
Appeals 2019-02-08 10:54 pm By Cat Fredenburgh

AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides stronger and more effective relief than Reckitt Benckiser’s Nuromol.

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ASIC challenge to Westpac personal advice ruling likely
Financial Services 2019-02-07 11:16 am By Miklos Bolza

The Australian Securities and Investments Commission will likely appeal a ruling that two Westpac units did not provide personal financial advice as part of a campaign encouraging customers to roll over external superannuation accounts.

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