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ANZ to cop penalty in ASIC case over cash advance fees
ANZ will no longer contest liability at trial in a case by the regulator over more than $10 million in cash advance fees charged to the credit card accounts of hundreds of thousands of customers.
Sydney MP Alex Greenwich to sue Mark Latham over homophobic tweet
Independent member for Sydney Alex Greenwich is preparing to bring a defamation case against One Nation’s NSW leader, Mark Latham, after he published a homophobic post on Twitter last month.
Linchpin class action concerned about ‘authenticity’ of evidence for trial
The applicant in an investor class action over the collapse of advisory firm Linchpin Capital and Endeavour Securities has raised concerns about the authenticity of Linchpin's business records, which it wants to put into evidence at trial in two months.
‘Not motivated by access to justice’: Funder hit with indemnity costs in copyright case
A judge has ordered a litigation funder that bankrolled a photographer’s unsuccessful copyright claim against CoreLogic to pay indemnity costs to the property data analytics company, saying the funder was not “motivated by any concerns for access to justice”.
Court tosses conviction of Fly365 director, says case ‘doomed to fail’
A court has tossed a conviction secured in ASIC’s case against a director of collapsed flight booking platform Fly365, saying the case was “doomed to failure.”
HFW recruits leading IR lawyer to bolster employment practice
International law firm HFW is expanding its Australian employment practice, hiring leading industrial relations, safety and employment law solicitor Simon Billing in Perth.
Tech exec subjected to DXC’s ‘unreasonable’ 7-year restraint clause wins appeal
An appeals court has found a seven-year non-competition clause in US tech giant DXC Eclipse's agreement with the former director of Melbourne software firm Sable37, which it acquired in 2018, was unreasonable.
‘Silly case’ between class action applicant, funder settles
A clash between a class action applicant and a litigation funder over $1.2 million in claimed expenses has settled, after a judge ordered the sides to personally attend mediation.
With no funder, Colonial class action members better off by up to $12M, court finds
Customers of wealth manager Colonial First State were $10 million to $12 million better off without a litigation funder in a class action over the slow transfer of accounts to low cost MySuper funds, a judge has found.
UFG to pay $5M for misleading gym franchisees about ‘near valueless’ businesses
The company behind the Ultimate Fighting Championship gym franchise has been ordered to pay $5 million to three franchisees after a judge found it misled them about businesses which were “near valueless” and unlikely to make profit.