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AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from "serious misconduct" that came to light curing the 2018 banking royal commission.
The ACCC has opposed IAG’s proposed $1.35 billion acquisition of RACWA's insurance operations, saying the deal would substantially lessen competition for motor vehicle and home and contents insurance in Western Australia.
Construction PRO
IG Energy and former subsidiary IG Power -- now owned by Czech investment firm Sev.en -- are fighting over a $3.5 million surplus from the administration of IG's interest in the Callide Power Station in Queensland.
Construction PRO
CIP Group can subpoena Queensland Police, with a judge finding the timing of an ex-business partner's complaints to police may be material to a change of tack in CIP's $30 million suit over a residential development.
Construction PRO
Solar developer Green Gold Energy has lost its bid to bifurcate an upcoming trial in its case accusing competitor Trina Solar of misusing its confidential information, with a judge citing the risks of a retrial.
The High Court has unanimously granted home retailer Bed Bath N’ Table’s appeal of a ruling that retailer House did not engage in misleading and deceptive conduct in setting up its Bed & Bath stores.
The applicant in an immigration detention class action that was discontinued four years ago wants to revive the proceedings, arguing the solicitors and the court misunderstood a High Court decision as dooming the case.
Four group members in a franchisee class action against 7-Eleven that settled for $98 million in 2022 are seeking court review of the amounts they were awarded under the settlement scheme.
A judge has called out the directors of failed Super Rugby club Melbourne Rebels for their “startling” inability to explain their case against the club’s administrators and the tax office.
Setting up another potential legal fight, Mayne Pharma has said US drug maker Cosette did not validly terminate their $672 million merger agreement, which failed to receive FIRB approval.