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Funder’s ‘very large’ cut from $100M AMP class action settlement warrants contradictor: court
Class Actions 2024-04-24 2:44 pm By Cindy Cameronne

A judge has appointed a contradictor for an upcoming settlement approval hearing in a class action by financial advisers against AMP over its buyer of last resort policy, saying the funder was taking a “very large” cut of the $100 million settlement. 

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Santos wins communications between EDO, activist organisations over Barossa case
Energy & Natural Resources 2024-04-24 11:06 pm By Sam Matthews

Several activist organisations will have to hand up communications with the Environmental Defenders Office over its unsuccessful challenge to the construction of a pipeline for Santos’ $5.6 billion Barossa gas project, as the energy giant mulls third-party costs orders against them. 

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Noni B owner to play COVID-19 card in ACCC case over late deliveries
Competition & Consumer Protection 2024-04-24 12:23 pm By Sam Matthews

Fashion retailer Mosaic Brands has flagged various COVID-related defences to a case brought by the Australian Competition and Consumer Commission alleging it failed to deliver several hundred thousand products to customers within advertised time frames.

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Aussie Skips accepts cartel conviction but will fight $3.5M penalty
Competition & Consumer Protection 2024-04-24 1:41 pm By Cindy Cameronne

Aussie Skips is not appealing a finding that it engaged in serious criminal cartel conduct but will challenge the size of the $3.5 million penalty, a court has been told.

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NSW Health to pay $230M to settle junior doctors class action
Class Actions 2024-04-23 11:55 pm By Cat Fredenburgh

Tens of thousands of junior doctors who allege they were systemically underpaid have reached a $230 million settlement with NSW Health, the largest settlement ever in an underpayments class action.

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‘Deliberately wicked’: Ten says Lehrmann should pay indemnity costs from day he filed case
Defamation 2024-04-23 2:44 pm By Cindy Cameronne

Network Ten has argued accused rapist Bruce Lehrmann should pay indemnity costs from the date he launched his unsuccessful defamation case, saying he brought it on a “deliberately wicked and calculated basis”.

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Judge warns wealth guru Dominique Grubisa to look ‘elsewhere’ in bid to stay ACCC case
Competition & Consumer Protection 2024-04-23 12:51 pm By Cindy Cameronne

Sydney lawyer and wealth guru Dominique Grubisa is challenging a finding in an ACCC case that her seminars made misleading statements and has sought to pause the court action until her appeal is heard, a bid a judge has warned won’t be “favourably received” by him.

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‘It does seem very odd’: Judge questions Victoria’s bid to strike out housing class action
Class Actions 2024-04-23 11:25 pm By Sam Matthews

A judge hearing the Victorian government’s bid to knock out a class action over its decision to retire Melbourne’s high-rise public housing towers has questioned the state’s submission that the decision had “no effect” on the rights of tenants.

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‘You have to do this now’: ASIC head urges businesses to prepare for climate reporting now
Policy and Regulation 2024-04-23 11:43 pm By Andy Sidler

The head of the Australian Securities and Investments Commission has urged businesses not to put off compliance with mandatory climate disclosures until after legislation has passed, saying while it was too early for the regulator to set out an enforcement plan, it wasn’t too early to be prepared.

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UniSuper accused of greenwashing over Transurban investment
Greenwashing 2024-04-23 10:37 pm By Cindy Cameronne

The Environmental Defenders Office has lodged a complaint with ASIC on behalf of a member of UniSuper, accusing the Australian superannuation fund of greenwashing its products by mislabelling them as ‘sustainable’. 

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