Most Recent
Government to force Google, Facebook to pay for news content
Media 2020-04-20 12:58 pm By Alison Eveleigh

Digital giants Google and Facebook will be required to pay for news content under a new mandatory code being developed by the Government to create a ‘level playing field’ in the Australian media industry, which is facing a sharp decline in advertising revenue driven by the coronavirus.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Dover Financial sues lawyers for negligence over advice on client protection policy
Financial Services 2020-04-17 5:19 pm By Christine Caulfield

Defunct financial adviser Dover Financial has sued three separate law firms for allegedly negligent advice over a ‘client protection policy’ that the Federal Court found was misleading, deceptive and an “exercise in Orwellian doublespeak”.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ASIC wins injunction against Mayfair 101 promotion language
Financial Services 2020-04-16 5:09 pm By Miklos Bolza

A judge has issued a temporary injunction limiting how Mayfair 101 can promote two of its investment products, in proceedings brought by ASIC accusing the investment firm of misleading and deceptive advertising.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ASIC targets insurer Youi for taking two years to settle hail damage claim
Insurance 2020-04-16 3:38 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking two years to settle a home owner’s hail storm claim.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Payday lender Cigno loses challenge to ASIC ban on short-term credit lending
Financial Services 2020-04-15 3:20 pm By Christine Caulfield

Payday lender Cigno has lost a challenge to the corporate regulator’s first action under powers to prohibit ‘predatory’ financial products that targeted its model of short-term credit lending.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge ‘pleasantly surprised’ by virtual trials, refuses to delay GetSwift hearing
Trials 2020-04-09 8:07 pm By Alison Eveleigh

A judge has refused to delay a civil penalty hearing brought by ASIC against GetSwift, scheduled to begin in June, after the logistics company argued that the virtual hearing necessitated by the COVID-19 pandemic would be prejudicial and the proceedings should be adjourned.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ASIC brings action against Mayfair 101 for ‘misleading’ advertising
Financial Services 2020-04-06 10:15 pm By Christine Caulfield

The Australian Securities and Investments Commission has launched proceedings against investment firm Mayfair 101 Group and Mayfair Platinum accusing them of misleading advertising.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Directors look to shut down COVID-related shareholder class actions
Class Actions 2020-04-06 10:34 am By Cat Fredenburgh

The Australian Institute of Company Directors is calling on the Federal Government to bar lawsuits over coronavirus-related disclosures, including class actions, but some lawyers warned the proposal would leave companies free to mislead and deceive shareholders.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ACCC was unreasonable to pursue cartel appeal, Cussons says
Competition & Consumer Protection 2020-04-03 9:54 pm By Miklos Bolza

Personal healthcare giant PZ Cussons is seeking indemnity costs from the ACCC, claiming the regulator unreasonably rejected a settlement offer in its case over an alleged laundry detergent cartel.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Real estate agents in ASIC’s crosshairs over super advice to tenants
Financial Services 2020-04-03 9:45 pm By Cat Fredenburgh

Real estate agents advising tenants who may be unable to pay their rent to draw down their superannuation have raised the ire of the Australian Securities and Investments Commission, which warned they could be violating the Corporations Act.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?