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IAL hit with $40M penalty over unpaid NRMA loyalty discounts
Insurance 2023-06-30 4:03 pm By Christine Caulfield

A court has imposed a $40 million penalty on Insurance Australia Limited in a case by the corporate regulator alleging NRMA customers were not paid $60 million in promised loyalty discounts.

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Seven tries to resurrect ‘7Now’ mark in IP stoush with 7-Eleven
Appeals 2023-06-26 11:41 pm By Cat Fredenburgh

Seven Network has appealed a ruling that revoked its 7NOW trade mark for non-use in a victory for convenience chain 7-Eleven as it seeks to expand its presence in Australia.

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Santos equated carbon offsets with emissions cuts, court told in landmark greenwashing case
Energy & Natural Resources 2023-06-23 4:04 pm By Cindy Cameronne

A landmark case brought by a shareholder advocacy group accusing Santos of greenwashing will seek to argue the energy company misled the market by presenting its carbon offset programs as plans to reduce emissions.

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Trial questions won’t be revised to give Monsanto ‘layer of insurance’ in class action
Product Liability 2023-06-22 11:47 am By Sam Matthews

The judge overseeing a class action against Monsanto over its weed killer has rejected the agrochemical giant’s application to amend the common questions to be decided at a liability trial to account for its alternative defence.

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ACCC’s rejection of $1.8B Telstra, TPG deal stands on appeal
Telecommunications 2023-06-21 10:22 am By Cindy Cameronne

Telstra and TPG have lost their challenge to the ACCC’s decision refusing authorisation for a $1.8 billion regional network sharing agreement, with the Australian Competition Tribunal finding the deal would increase Telstra’s dominance in the mobile phone market. 

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$29M settlement in Westpac class action gets green light
Class Actions 2023-06-21 12:29 pm By Cindy Cameronne

A judge has approved a $29 million settlement in a class action against Westpac over ‘junk’ consumer credit insurance, a deal that earns the bank’s customers at least $19.6 million. 

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7 years in and counting, Worley class action ‘needs finality’: judge
Class Actions 2023-06-20 2:47 pm By Cindy Cameronne

A judge has declined to hear an interlocutory stoush about the scope of a shareholder class action against engineering company Worley before an upcoming trial, saying the case, which has been on foot since 2015 and was appealed to the High Court, needed “some finality”. 

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$47M settlement in ANZ credit insurance class action reasonable, judge says
Financial Services 2023-06-16 4:37 pm By Christine Caulfield

A $47 million settlement in a class action against ANZ — one of three settlements in a series of class actions against the big banks over ‘junk’ consumer credit insurance — was fair and reasonable, a judge has said.

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Colonial can’t shield lawyer emails due to class action applicant’s ‘joint privilege’
Class Actions 2023-06-09 10:16 pm By Cindy Cameronne

Wealth management firm Colonial First State has lost its bid to shield emails with internal counsel about investment options for its FirstChoice super fund after a judge found a class action applicant had joint legal professional privilege.

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Coles, Woolworths ‘can’t hide behind’ poor records, court told as underpayments trial kicks off
Trials 2023-06-05 5:56 pm By Cindy Cameronne

On the first day of trial in parallel class actions and regulatory proceedings, the Fair Work Ombudsman panned the payment systems adopted by Woolworths and Coles for salaried managers, saying they were “entirely foreign” to the industrial award and that the supermarket giants had “no meaningful proper records” for overtime. 

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