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CBA class action applicant can’t share in group members’ privilege, court finds
The lead applicant in a class action against CBA does not have the right to view fund management documents relevant to the case despite representing group members who share joint privilege with the bank over material, a judge has said, acknowledging the decision could create difficulties in class action proceedings.
Seven launches courtroom battle to save ‘7Now’ trade mark
Seven Network has filed Federal Court proceedings after convenience store chain 7-Eleven succeeded in having its '7NOW' trade mark removed for non-use.
Judge lets two Boral class actions run, but warns about potential lawyer conflicts
A judge has denied a law firm's bid to stay a rival's closed shareholder class action against construction giant Boral but warned courts must be alive to the potential for conflicts where lawyers stand to reap "very significant financial awards" from class action proceedings.
Law firms resolve multiplicity issue in Boston Scientific pelvic mesh class actions
A Sydney law firm that brought a class action against Boston Scientific over allegedly defective pelvic mesh products has agreed to stay its case while a class action by Shine Lawyers moves ahead.
Full Court may decide critical question in superannuation class actions
The lead applicant in a Maurice Blackburn-led class action against superannuation provider Colonial First State wants the Full Court to determine whether group members still have valid claims, after a judgment from the Victoria Supreme Court shut down a similar class action last year.
Settlement reached in Takata airbags class actions
Six of the world's largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
ASIC wants Allianz to pay $1.5M penalty for travel insurance sold on Expedia
ASIC is seeking $1.5 million in penalties against insurers Allianz and AWP after they admitted to misleading or deceiving the public by selling travel insurance to ineligible customers through three Expedia-owned websites.
Banks can’t suppress judgment on defective indictment in ANZ cartel case
Investment banks accused in the criminal cartel case over a $2.5 billion ANZ share placement will not lose their right to a fair trial with the release of a judgment finding the prosecutors' indictment deficient, a judge has ruled.
Fight brewing over competing pelvic mesh class actions against Boston Scientific
Despite a judge's urging for the parties to arrive at a "pragmatic solution", the lawyers behind competing pelvic mesh class actions against Boston Scientific will duke it out for carriage of the proceedings.
Dixon Advisory to pay $7.2M for violating best interests duty
Dixon Advisory has agreed to pay a $7.2 million penalty after admitting to ASIC's allegations that it failed to act in its clients' best interests on 53 occasions.