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ASIC hits MLC with $17.5M court action over insurance failures
The corporate regulator has taken MLC Limited to court, alleging the insurer's failure to implement proper systems and controls over a more than 20 year period caused $17.5 million in harm to over a quarter million consumers.
Mayfair’s James Mawhinney files complaints against ASIC lawyers
Mayfair 101 director James Mawhinney is seeking disciplinary action against ASIC’s lawyers over a media release accusing him of breaching a 20-year ban on raising funds and which disclosed the regulator had asked a court to hold him in contempt.
Low GetSwift class action settlement to get OK despite ‘slam dunk’ case
A judge has indicated he will approve the 'very low' GetSwift class action settlement because the company appeared to be broke, but the law firm behind the case has been pulled up by the court for a previous costs estimate that has blown out by $3 million.
Judge won’t send CFO application in 7-Eleven class action to Full Court
A judge has declined a contradictor's calls to send an application for a common fund order in a class action against 7-Eleven, which recently settled for $98 million, to the Full Court.
‘Cranky’ judge slams ‘disgraceful’ year-long privilege fight in class action against Westpac units
A judge has scolded Slater & Gordon and two Westpac subsidiaries for a "disgraceful" privilege spat in a class action over allegedly excessive superannuation fees that he said had "gone badly off the rails".
Clyde & Co’s negligence caused millions of dollars in losses, client says
Clyde & Co made an “inextricable” oversight in preparing an unpaid works claim, causing a Sydney-based sandstone excavator to lose millions of dollars, according to a cross claim in a case brought by the law firm for unpaid fees.
EY was ‘uncooperative’ during Slater & Gordon audit, court hears
A former partner at accounting firm Pitcher Partners has told a court that he had issues working with Ernst & Young on an audit of law firm Slater & Gordon, calling the Big 4 firm "uncooperative".
Pfizer wins more docs in preliminary discovery saga over Enbrel biosimilar
Five years into a preliminary discovery application for a potential patent infringement lawsuit over a biosimilar of its Enbrel medication, Pfizer has partially succeeded in obtaining further documents from Samsung Bioepis.
Freezing orders extended against developer James Raptis in $110M tax case
A judge has extended asset freezing orders until next year in a $109.5 million case brought by the tax office against Gold Coast property developer James Raptis and his companies.
ACCC greenlights Meta’s proposed acquisition of Kustomer
The Australian Competition and Consumer Commission says Meta’s proposed acquisition of customer relationship management start-up Kustomer is unlikely to have any substantial impact on competition.