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IAG hit with class action over ‘misleading’ loyalty discounts
Class Actions 2024-05-28 11:22 pm By Cat Fredenburgh

Two units of insurer IAG have been hit with a class action for allegedly misleading hundreds of thousands of home owners insurance customers about loyalty discounts.

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Don’t ask AI questions you don’t already know the answers to, law firm says
AI 2024-05-28 11:26 pm By Cat Fredenburgh

Lawyers are in no immediate danger of losing their jobs to AI, according to a leading law firm, which has found that asking large language models legal questions you don’t already know the answers to is risky business.

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Noumi, ASIC fight ruling that privilege over PwC report waived during probe
Appeals 2024-05-28 11:27 pm By Cat Fredenburgh

Noumi and ASIC are challenging a finding that the food manufacturer waived legal professional privilege over a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst by disclosing the report during an ASIC investigation.

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Continuous disclosure case law may apply in Forge insider trading case, judge says
White Collar 2024-05-28 11:42 pm By Sam Matthews

A judge has left open the question of whether a line of authority relating to the materiality of information under the continuous disclosure regime could be relevant to a stoush between collapsed engineering firm Forge Group and Clough Group, saying the decisions may apply to cases alleging breaches of the insider trading provisions of the Corporations Act.

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X could have done more to shield users, including kids, from stabbing videos, court told
Social Media 2024-05-28 11:33 pm By Sam Matthews

The e-Safety Commissioner has expanded its case seeking to have X Corp remove posts that depict a stabbing of a bishop at a Sydney church, arguing X could have done more to prevent Australian users, including children and VPN users, from viewing the videos.

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‘Grossly excessive’: Energy broker can’t enforce confidentiality agreement
Employment 2024-05-28 11:31 pm By Andy Sidler

A judge has blasted energy broker Energy Action’s bid for interim orders enforcing a confidentiality agreement against a former employee who jumped ship to a competitor, calling the bid “grossly excessive”.

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Medical cannabis distributor wins injunction after suspected hack
Privacy & Cybersecurity 2024-05-28 2:56 pm By Sam Matthews

Medicinal cannabis company Vitura Health has won its bid for orders restricting the access of a software partner to its IT systems after an alleged hack.

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RAMS hit with class action by disgruntled franchisees
Class Actions 2024-05-27 2:20 pm By Sam Matthews

Westpac subsidiary RAMs has been hit with a class action by former franchisees who say their agreements with the home loan provider were terminated without proper cause.

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Optus loses second bid to shield Deloitte report from class action
Class Actions 2024-05-27 11:23 am By Sam Matthews

Optus has lost its appeal of a decision that found the telco could not claim legal professional privilege over a Deloitte report into a major data breach, with an appeals court highlighting the lack of evidence from former CEO Kelly Bayer Rosmarin.

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Bonza administrators win more time to sell collapsed airline
Restructuring & Insolvency 2024-05-27 3:16 pm By Andy Sidler

Administrators of collapsed budget airline Bonza have been given two more months to try to sell the company, with the Federal Court finding a sale would be of greater benefit than liquidation to the airline’s 58,428 creditors, who are owed $116 million. 

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