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Hells Angels wins $100 in damages for Redbubble’s trade mark infringement
Intellectual Property 2024-03-04 10:59 pm By Sam Matthews

Online marketplace Redbubble has succeeded on appeal in cutting down the damages it owes to Hells Angels from over $78,000 to just $100, following a finding that it violated the motorcycle groupā€™s trade marks.

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Law firm wins 30% contingency fee rate in IAG shareholder class action
Class Actions 2024-02-29 11:50 pm By Christine Caulfield

The law firm behind a class action against Insurance Australia Group has secured a group costs order that will give it 30 per cent of any proceeds — a contingency fee rate six percentage points higher than the median rate for shareholder cases.

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‘So what?’ Judge says rate-rigging class action can’t impose views on registration
Class Actions 2024-02-27 9:58 pm By Cat Fredenburgh

A judge has ordered soft class closure ahead of mediation in a class action against five major banks over alleged foreign exchange rate-rigging, saying the applicant’s subjective view on what will assist mediation should not be imposed on the banks.

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‘Donā€™t you want to know who youā€™re acting for?’: Judge probes applicant in rate-rigging class action
Class Actions 2024-02-26 4:33 pm By Sam Matthews

A judge has questioned the applicantā€™s opposition to soft class closure in a class action accusing five major banks of rate-rigging, a measure the banks say could save ā€œtens of millionsā€ in legal expenses.Ā 

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Class action judge ‘very concerned’ that QBE told brokers they could ignore court request
Class Actions 2024-02-23 3:55 pm By Sam Matthews

A judge has railed against insurer QBE after it sent an email to brokers saying it could ā€œin effect ignoreā€ the courtā€™s request that they notify clients about a class action on behalf of businesses that were denied business interruption coverage for COVID-19 related shutdowns.Ā 

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ā€˜Air of a Kafka novelā€™: NAB loses bid to suppress misleading or deceptive conduct case
Financial Services 2024-02-19 3:25 pm By Cindy Cameronne

National Australia Bank has lost its bid to shield a case by a Melbourne gold bullion dealer after a judge said one of the bankā€™s arguments for suppression had ā€œthe air of a Kafka novelā€.

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REST Super hit with class action over insurance premiums
Class Actions 2024-02-16 1:47 pm By Sam Matthews

REST Super faces a class action alleging the supererannuation trustee deducted premiums for income protection insurance that provided no benefit to members.

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High Court grants special leave in Ford class action over PowerShift transmissions
High Court 2024-02-14 1:11 pm By Christine Caulfield

The High Court has granted special to leave to a class action against Ford over allegedly PowerShift transmissions, agreeing to hear the case alongside two appeals in a class action against Toyota that deal with how reduction in value damages should be calculated under the Australian Consumer Law.

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Lawsuit accuses PwC of denying ex-partner retirement payments over leaks crisis
Tax 2024-02-02 5:36 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has sued the firm for denying him retirement payments for moving to alleged competitor DLA Piper and for his alleged involvement in the firmā€™s tax leaks crisis.

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Rio Tinto shielded by war sanctions from wrath of Russian aluminium producer
Energy & Natural Resources 2024-02-01 4:17 pm By Cindy Cameronne

Russiaā€™s largest aluminium producer UC Rusal has lost a breach of contract lawsuit brought against six Rio Tinto companies after they refused to deliver alumina under a joint venture agreement on the basis that doing so would cause them to run afoul of export sanctions imposed after Russia invaded Ukraine.

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