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Oil spill class action firm wins settlement hearing fees, including bill for tax advice
Class Actions 2023-07-25 5:38 pm By Christine Caulfield

Despite a judge’s complaint that class action costs are generally “out of control”, the law firm that secured a $192.5 million settlement and earned about $25 million in fees in the Montara oil spill case has won approval for more fees — these ones incurred in a hearing to determine how the settlement spoils should be divided.

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Costs in class actions getting ‘out of control’, judge says
Class Actions 2023-06-16 10:52 pm By Sam Matthews

A judge overseeing a $192.5 million settlement in an oil spill class action against PTTEP Australia on behalf of Indonesian seaweed farmers has balked at the “very large” costs sought by Maurice Blackburn for administering the deal, expressing concerns that class action costs are “getting out of control”.

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Facebook agrees to $20M penalty in ACCC case over data privacy app
Competition & Consumer Protection 2023-06-14 11:37 pm By Gareth Baker

Facebook has agreed to pay a $20 million penalty for misleading consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private, when in fact it was being collected for commercial use.

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MLC ordered to pay $10M penalty for ‘serious failure’
Insurance 2023-05-18 1:35 pm By Sam Matthews

A judge has ordered MLC to pay $10 million for its “serious failure” to pay life insurance benefits to customers undergoing rehabilitation, in an ASIC case that also alleged the insurer failed to promptly update medical terms in policies.

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MLC agrees to pay $10M penalty in ASIC case
Insurance 2023-05-01 11:56 pm By Christine Caulfield

MLC has agreed to cop a $10 million penalty for admitted breaches of the Corporations Act in an ASIC case that alleged the insurer failed to promptly update medical terms in policies and withheld payment of a life insurance benefit.

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Wealth guru Dominique Grubisa hits back at ACCC, says course claims ‘substantially true’
Competition & Consumer Protection 2023-04-04 11:44 pm By Cindy Cameronne

Dominique Grubisa has denied the Australian Competition and Consumer Commission’s allegation that she misled consumers about her wealth management courses, arguing the claims that owners could sell their homes but retain equity were “substantially true”.

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Full Court finds ACCC misstepped by not bringing ‘major failures’ case against Mazda
Appeals 2023-03-23 3:18 pm By Cindy Cameronne

The Australian Competition and Consumer Commission and Mazda have both lost their appeals in a case over the car manufacturer’s ‘appalling’ customer service, with three judges questioning the regulator’s decisions in how it ran the case.

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Firm must compete to administer $192.5M PTTEP class action settlement
Class Actions 2023-03-22 9:05 pm By Cat Fredenburgh

The law firm that ran a class action over the 2009 Montara oil spill must compete to administer a $192.5 million settlement, with a judge saying a tendering process is consistent with the court’s “protective and supervisory role” in managing costs deducted from class action settlements.

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Facebook to cop penalty in ACCC case over ‘misleading’ data protection app
Privacy & Cybersecurity 2023-03-10 3:20 pm By Cat Fredenburgh

Facebook will face a penalty in the Australian Competition and Consumer Commission’s case alleging it misled consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private.

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Montara oil spill class action firm, funder score half of $192.5M settlement
Class Actions 2023-03-03 11:03 pm By Christine Caulfield

A judge has largely approved the funder’s commission and legal fees to be deducted from a $192.5 million settlement of a class action against oil company PTTEP, despite the costs halving the amount to go to group members.

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