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AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.
Law firms agree to consolidate AMP insurance class actions
Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings.
ACCC rejects Google undertaking to seal $3B Fitbit deal
The Australian Competition and Consumer Commission has rejected a behavioural undertaking from Google intended to assuage the regulator's competition concerns about its planned $3 billion acquisition of fitness device company Fitbit, saying it would be challenging to monitor and enforce.
Class action report pitches major reforms
The latest inquiry report into class actions has put forward a suite of recommendations that would remake the class action regime by empowering the Federal Court to vary litigation funding agreements, requiring judges to hold class action beauty parades and making permanent the government's temporary changes to continuous disclosure laws.
Class action accuses NSW Health of underpaying 10,000 junior doctors
Two law firms have launched a class action against NSW Health on behalf of over 10,000 junior doctors for its alleged failure to pay overtime hours.
Hotel quarantine, aged care reports boost class actions, lawyer says
Reports exposing serious government and healthcare failures amid Victoria's second COVID-19 wave have strengthened the claims in class actions against the Andrews government and two aged care providers, according to the law firm behind the cases.
Lorna Jane faces ACCC action over anti-virus activewear claims
The ACCC has taken legal action against women's activewear company Lorna Jane for allegedly representing to consumers during the height of the coronavirus pandemic in Australia that its anti-virus activewear would protect them from viruses, including COVID-19.
Full Court ruling clarifies cover in business interruption insurance case
The Full Federal Court has issued a mixed bag ruling in a business interruption insurance dispute between Suncorp subsidiary Vero Insurance and a Melbourne café and restaurant, which sought indemnity for losses incurred during the COVID-19 lockdowns.
Training company AIPE on hook for $139M in compensation in ACCC case
A judge has found a NSW training company is liable to pay $139 million for over 12,000 students who racked up VET FEE-HELP debts but failed to complete their courses due to an "unconscionable" enrolment system.
Settlements in investor class actions against financial advisory firm get court OK
A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.