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Sunwater insurer doesn’t owe coverage for $440M Queensland floods class action
Insurance 2022-12-16 9:25 pm By Sam Matthews

Queensland government-owned water services provider Sunwater has lost a bid to overturn a judgment letting insurer Liberty Mutual Insurance off the hook for its share of a $440 million settlement in the Queensland floods class action.

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HarperCollins can make ‘bad reputation’ claims in deep sleep defamation case
Defamation 2022-12-16 9:41 pm By Cindy Cameronne

A psychiatrist that sued HarperCollins for defamation over a book on the use of deep sleep therapy at the Chelmsford Private Hospital in the 1970s has lost his bid to disallow the publisher’s claim that any damage he suffered was mitigated by his bad reputation.

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Twigg family fights knockout bid by Pitcher Partners
Accounting 2022-12-16 4:38 pm By Sam Matthews

Relatives of race car driver Max Twigg are fighting Pitcher Partners’ bid to have a $127 million lawsuit dismissed as an abuse of process, rejecting the accounting firm’s argument that the proceedings were deliberately delayed for strategic reasons.

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ASIC brings action against Firstmac over alleged DDO breaches
Financial Services 2022-12-16 3:06 pm By Sam Matthews

In only the second case of its kind, ASIC has taken non-bank lender Firstmac to court over alleged breaches of design and distribution obligations in relation to its High Livez managed investment scheme.

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Class action head leaves Shine Lawyers to launch new firm
Business of Law 2022-12-15 4:25 pm By Christine Caulfield

Competition among class action law firms is expected to heat up next year as veteran lawyer Jan Saddler departs Shine Lawyers to start her own firm.

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Aristocrat wins $36M in patent infringement damages from pokies maker Konami
Intellectual Property 2022-12-15 4:44 pm By Sam Matthews

Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.

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Law firm bows out of contest to run class actions against Apple, Google
Competition & Consumer Protection 2022-12-15 5:31 pm By Cindy Cameronne

A law firm has dropped plans to bring a second set of class actions alleging Apple and Google engaged in anti-competitive conduct in operating their app stores, but will act as an “agent” for the first-to-file firm.

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Finder Wallet taken to court by ASIC over ‘unlicensed’ crypto product
Financial Services 2022-12-15 5:48 pm By Cat Fredenburgh

ASIC has filed a lawsuit against Finder Wallet, a subsidiary of comparison website Finder.com, alleging the company breached various requirements in relation to its crypto product Finder Earn.

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High Court won’t hear appeal by payday lenders Cigno, BHF
High Court 2022-12-15 8:43 pm By Cat Fredenburgh

The High Court won’t hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can’t dodge the obligations contained in the National Credit Code through their lending model.

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Sydney Flames CEO sues team’s owner over alleged boys’ club culture
Employment 2022-12-15 5:02 pm By Cindy Cameronne

The former chief executive officer of the Sydney Flames has filed proceedings against the owner of the women’s basketball team, Hoops Capital, alleging she was sacked after complaining about a lack of resources for the team and a “boys’ club” culture. 

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