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Maurice Blackburn’s class action risk too high to duck security, court told
Maurice Blackburn should provide $1.77 million in security in a class action over add-on insurance because the firm faces high risks in other class actions which could affect its ability to cover an adverse costs order, a court has heard.
Viva Energy’s proposed acquisition of LOC Global gets ACCC’s OK
Viva Energy has been given the all-clear by the ACCC to acquire the remaining 50 per cent share of LOC Global after agreeing to sell 14 service stations to Solo Oil.
Spotless, Ventia in court over alleged price-fixing on Defence contracts
Facilities services companies Spotless and Ventia and four executives have been taken to court by the competition watchdog, accused of fixing prices on Defence contracts.
Law firms to join forces in class actions against Coles, Woolworths
Two law firms that were set to run competing class actions against Coles and Woolworths over alleged illusory discounts have reached an in-principle agreement to collaborate.
Criminal charges flagged against Woolworths NZ over ‘inaccurate’ pricing
New Zealand’s consumer regulator will bring criminal charges against Woolworths NZ and two Pak’nSave branches over alleged inaccurate pricing and misleading specials.
NRMA hit with class action over ‘loyalty tax’
A new class action alleges IAG unit NRMA slugged returning policyholders with an algorithm-determined "loyalty tax" on their home and contents insurance.
‘Big gap’ in digital platform regulation despite new ACCC powers: expert
Proposed new regulations would give the ACCC a boost in targeting anti-competitive conduct by digital platforms, but a “big gap” remains in its powers, an expert told Lawyerly.
IG Markets class action may drop conflicted remuneration claims
A class action against online trading platform IG Markets over alleged risky contracts for difference may drop its conflicted remuneration claims after struggling to find a sample group member.
MLC Super class action settles for $64.25M
A class action on behalf of 330,000 super members has settled against the trustees of the MLC Super fund, just days after another superannuation class action flopped.