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Medibank says Deloitte data breach report not relevant in shareholder class action
Privacy & Cybersecurity 2024-10-29 11:43 pm By Cindy Cameronne

Medibank is seeking to shield from a shareholder class action an “irrelevant” post-incident report by Deloitte into its massive October 2022 data breach.

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Judge balks at $10M registration bill in stolen wages class action
Class Actions 2024-10-29 11:56 pm By Sam Matthews

The judge overseeing a $180.4 million settlement in a stolen wages class action has railed against Shine Lawyers’ $10 million bill for the costs of registration, saying “something has gone seriously wrong”.

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Freehills the firm of choice for MinRes, WiseTech as bosses face scrutiny
Article 2024-10-29 11:50 pm By Christine Caulfield

As Mineral Resources and WiseTech face shareholder glare over accusations levelled at their billionaire bosses, it is Herbert Smith Freehills that their embattled boards have turned to.

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Judge rejects franchisees’ ‘colourable’ cross-claims against United Petroleum
Franchises 2024-10-29 11:34 pm By Sam Matthews

United Petroleum will not face cross-claims by franchisees, with a judge calling the bid “a very colourable application” to create overlap with a class action in the Supreme Court.

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Salter Brothers sues insurer to cover $3.5M in costs to defend client’s lawsuit
Insurance 2024-10-29 11:38 pm By Cindy Cameronne

Investment manager Salter Brothers has sued XL Insurance, saying it has “unreasonably delayed” covering the costs of defending a former client’s lawsuit alleging misleading conduct.

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ASIC wins case over life insurer’s misleading ‘pre-existing condition’ term
Insurance 2024-10-29 11:04 pm By Cindy Cameronne

ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term. 

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AstraZeneca sues to put the brakes on Brilinta generic
Intellectual Property 2024-10-29 11:33 pm By Andy Sidler

AstraZeneca has brought court proceedings to block Australian drug maker Pharmacor from making a generic version of its heart attack drug Brilinta. 

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Santos’ net zero plan ‘little more than speculation’, trial court told
Trials 2024-10-28 11:50 pm By Cindy Cameronne

Santos’ plan to reach net zero greenhouse gas emissions by 2040 was “little more than a series of speculations”, a shareholder group has said on the first day of trial in a landmark greenwashing case.

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S&P entitled to Rolls-Royce defence in CDO class action: court
Financial Services 2024-10-28 11:26 pm By Cat Fredenburgh

S&P is free to pay for a Rolls-Royce defence in “Rolls-Royce litigation” that alleges the agency engaged in fraud in assigning ratings to risky financial products, a judge has said.

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Homes Victoria says recording reasons for tower demolition plan ‘superfluous’
Human Rights 2024-10-28 11:26 pm By Andy Sidler

Homes Victoria says the decision to demolish public housing towers in Melbourne — now the subject of a class action — took residents’ human rights into account, but has no documents to show it.

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