Class Actions

NULIS class action loses appeal over $165M in alleged conflicted remuneration

NAB super fund trustee NULIS Nominees was able to charge $165 million in fees for paying adviser commissions after conflicted remuneration was banned in 2016, an appeals court has ruled. 

ASIC

ASIC sues Equity Trustees over $65M invested in First Guardian fund

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Intellectual Property

After High Court loss, Zip reaches deal with Firstmac to acquire ‘Zip’ trade mark

Zip Co has reached an agreement to acquire the 'Zip' trade mark from non-bank lender Firstmac, after the High Court rejected its honest concurrent use defence last week.

Privacy & Cybersecurity

X Corp agrees to pay $750K for contravening Online Safety Act

Elon Musk’s X Corp has been ordered to pay $750,000 after admitting it failed to give the eSafety Commissioner information about measures it has taken to crack down on child exploitation on its platform. 

Defamation

Ex-JLL execs resolve defamation suits against The Australian publisher

Two former JLL executives have resolved defamation proceedings against the publisher of The Australian over articles that claimed they went to strip clubs and sent lewd messages to an in-house WhatsApp group. 

Employment

Rebel Sport owner hit with underpayments class action

Rebel Sport owner Super Retail Group has been hit with a class action for allegedly underpaying staff at its stores since 2019.

Policy and Regulation

AG ‘open to considering’ contingency fees for class action firms

Federal Attorney-General Michelle Rowland has hinted at possible reforms to the class action regime that would allow plaintiff firms to earn a profit from group proceedings.

Employment

EY intern told to ‘move on’ after groping by manager, suit says

EY Australia faces a lawsuit by a former intern who alleges she was harassed by her manager, victimized after making a complaint, and precluded from participating in a culture review by former sex discrimination commissioner Elizabeth Broderick.

Employment

Dentons employment partner convicted of drug driving

A Dentons employment partner has been convicted by the Brisbane Magistrate's Court of driving under the influence of cocaine, reportedly blaming the stresses of his job for his drug use.

Securities

Rex director admits liability in ASIC’s disclosure breach case

The former executive chairman at regional airline Rex has admitted ASIC’s claims that he misled investors about the company’s position and breached his directors duties and may give evidence for the corporate watchdog, a court has heard. 

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