Opal Tower structural engineer WSP has been ordered to produce all professional indemnity policies covering its work on the defective building in a lawsuit against insurers for builder Icon, despite arguing for the “commercial sensitivity” of the information.
A judge has signed off on a $1.55 million settlement to resolve two underpayments class actions against supermarket chain Romeo’s, but has reduced the pay out to the law firm running the cases by 25 per cent, saying the firm had “no legal entitlement” to the fees.
A judge has signed off on a $7.2 million penalty against Dixon Advisory after the company admitted to ASIC allegations that its advisors failed to act in its clients’ best interests by recommending they invest in a risky US-based real estate investment fund.
Insurer for cladding manufacturer Fairview Architectural, Vero Insurance, will argue a $190 million policy does not cover claims in a class action alleging combustible cladding caused losses for property owners, a court has heard.
Westpac has criticized the lead applicant in a class action filed in the wake of AUSTRAC proceedings for the “disorderly” conduct of the lagging proceedings, with discovery yet to be finalized as the case nears its third anniversary.
The past financial year saw 54 class actions filed in Australia — the lowest number since 2017/2018, a new report shows.
Aussie Home Loans is facing a class action investigation for allegedly selling “essentially worthless” policies to homeowners.
Vocational education provider Box Hill Institute has reached an in-principle settlement in a class action by disgruntled students who allege the licences they obtained through the institute did not provide them with the requisite knowledge or training to obtain a commercial pilot’s licence.
The NSW gaming regulator has found Star Entertainment is unfit to hold a casino licence and has threatened disciplinary action after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.
A judge has approved an opt-out notice in a class action against retirement home provider Aveo Group that advises of a proposed application for a controversial funding order that would put a lien on some group members homes.