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Training company AIPE on hook for $139M in compensation in ACCC case
Competition & Consumer Protection 2020-12-21 1:44 pm By Christine Caulfield

A judge has found a NSW training company is liable to pay $139 million for over 12,000 students who racked up VET FEE-HELP debts but failed to complete their courses due to an “unconscionable” enrolment system.

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Settlements in investor class actions against financial advisory firm get court OK
Class Actions 2020-12-21 1:39 pm By Christine Caulfield

A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.

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J&J ordered to pay $40M in pelvic mesh class action costs as stay bid tossed by court
Product Liability 2020-12-21 1:03 pm By Christine Caulfield

A unit of Johnson & Johnson has been ordered to pay around $40 million in legal costs to the lead applicants in a class action over pelvic mesh implants after a judge dismissed the company’s bid to stay the costs until after a high profile appeal is heard next year.

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Class action against NAB over MySuper not validly commenced, court finds
Class Actions 2020-12-21 12:58 pm By Miklos Bolza

A class action filed by Maurice Blackburn against NAB units MLC and NULIS was invalidly commenced thanks to a carve out in the Supreme Court Act that bars class actions involving trust property, the Victoria Supreme Court has found.

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High Court asked to hear $10B COVID-19 business interruption case
Insurance 2020-12-18 10:55 pm By Christine Caulfield

The Insurance Council of Australia has asked the High Court to weigh in on its case against COVID-19 related claims in business interruption policies, following its high stakes loss in a ruling last month that found an infectious disease exclusion did not apply.

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Judge remains concerned about conflict of interest in PWC privilege battle with tax office
Tax 2020-12-18 10:25 pm By Miklos Bolza

Assurances that PwC can be a defendant in a privilege fight with the ATO while representing three other defendants in the proceedings and avoid a conflict of interest has failed to allay concerns raised by a Federal Court judge, who said the situation created “at least an appearance of tension”.

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MinterEllison gave ASIC advice on Shipton’s tax bill
ASIC 2020-12-18 9:41 pm By Spencer Fowler Steen

Top-tier law firm MinterEllison provided ASIC with a legal opinion on whether it was appropriate for the regulator to cover the tax bill of chairman James Shipton, telling the regulator that it was “standard practice” for an employer to cover the reasonable cost of tax advice.

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Barrister sues Fairfax over article claiming he facilitated ‘largest ever’ US tax fraud
Banki Haddock Fiora 2020-12-18 3:55 pm By Spencer Fowler Steen

A barrister has launched defamation proceedings against Fairfax over an article alleging he spent decades helping Texas billionaire Bob Brockman defraud the United States of US$2 billion in taxes.

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News Corp denies articles suggested lawyer was too old and deaf to represent clients
Defamation 2020-12-18 3:04 pm By Miklos Bolza

A News Corp subsidiary has hit back at a defamation lawsuit by a Sydney-based solicitor claiming two Daily Telegraph articles implied he was too old and deaf to represent clients, filing a defence denying that the imputations were conveyed.

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Group members will get about half of $50M Vocation class action settlement
Class Actions 2020-12-18 2:37 pm By Cat Fredenburgh

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.

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