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ASIC, ANZ gear up for battle over Ashurst advice in bank fees case
Financial Services 2020-06-05 9:31 pm By Miklos Bolza

ASIC has launched a bid to gain access to legal advice provided by Ashurst to Australia and New Zealand Banking Group in the regulator’s case over $35 million in allegedly illegal bank fees.

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Toxic foam class action settlement hearing runs to second day, with ‘unusual’ number of objections
Class Actions 2020-06-04 8:25 pm By Alison Eveleigh

The settlement of three class actions brought against the Commonwealth of Australia over its alleged use of toxic firefighting foam on government military bases is facing an unusually high number of objections, pushing an approval hearing into a second day as dissenters voice their concerns in court.

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Robodebt recipients won’t be asked to waive class action claims
Class Actions 2020-06-04 6:06 pm By Christine Caulfield

Centrelink recipients eligible for a share of $721 million in refunds on debts paid as part of the controversial Robodebt scheme will not be asked to sign away their rights in an ongoing class action, but whether the Morrison Government will seek to shut down the case remains to be seen.

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ASIC’s proposed $5M penalty against CBA ‘on the light side’, judge says
Financial Services 2020-06-04 12:33 pm By Miklos Bolza

A judge has questioned ASIC’s proposed $5 million penalty against the Commonwealth Bank of Australia, saying it was “on the light side” for the bank’s conduct in overcharging $8 million in fees on its agricultural products.

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Government faces hefty bill after loss in landmark live export class action
Class Actions 2020-06-02 9:35 pm By Cat Fredenburgh

A judge has ruled in favour of live exporters in a class action against the Federal Government, finding a total ban on live cattle exports to Indonesia in 2011 was “capricious and unreasonable”.

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Government’s $721M Robodebt refund ignores damages claims, class action lawyer says
Class Actions 2020-05-29 8:31 pm By Christine Caulfield

The Morrison Government will refund Centrelink recipients $721 million in debts paid as part of the controversial Robodebt scheme at the centre of a class action, a move lawyers for the class called an “unprecedented admission”.

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Maurice Blackburn loses appeal over bushfire class action tax bill
Appeals 2020-05-28 3:05 pm By Miklos Bolza

Maurice Blackburn has come up short in its challenge to a multimillion dollar tax bill for a record settlement payout in the Black Saturday bushfire class actions.

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ACCC can’t stop Garuda appeal despite unpaid $19M penalty
Competition & Consumer Protection 2020-05-21 12:53 pm By Miklos Bolza

The ACCC has lost its bid to stay a cartel appeal by Indonesian airline PT Garuda, with a judge finding the competition watchdog had not shown the airline acted in contempt of court by failing to pay a $19 million fine.

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Full Court deals another blow to software patents in Rokt case
Intellectual Property 2020-05-21 11:29 am By Miklos Bolza

The Full Federal Court has rejected a patent application for a digital advertising system by e-commerce firm Rokt in a test case by IP Australia that comes as a blow to the patentability of computer software in Australia.

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Court suppresses details of Grosvenor, Vannin co-funding agreement
Competition & Consumer Protection 2020-05-18 4:16 pm By Miklos Bolza

A court has granted a request from Grosvenor Litigation Services, the funder that backed two class actions against Volkswagen over its emissions cheating scandal, to suppress the details of a co-funding agreement with Vannin Capital.

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