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ASIC uncovers ‘deficiencies’ in advice by IOOF units
Financial Services 2021-04-26 1:53 pm By Cat Fredenburgh

An ASIC review has found that 17 per cent of clients of IOOF unit RI Advice may have been exposed to harm, one month after a judge found that one of its former advisors violated the law by steering investors towards risky investments.

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Qantas can’t sack long haul pilot that reached mandatory retirement age
Employment 2021-04-26 12:23 pm By Cat Fredenburgh

A judge has temporarily barred Qantas from moving forward with its plans to terminate a long haul pilot who reached the mandatory retirement age of 65, saying the pilot had established that he may have an age discrimination claim against the airline.

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ASIC asks court to approve receivers to sell Melissa Caddick’s assets
Restructuring & Insolvency 2021-04-23 10:06 pm By Cat Fredenburgh

Two months after the remains of accused fraudster Melissa Caddick were discovered on a NSW beach, ASIC is seeking to appoint final receivers to realise her assets, although the family and friends who invested tens of millions with the Sydney businesswoman are not expected to fully recoup their investments.

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ACCC to fight production of JPMorgan witness statements in ANZ cartel case
Competition & Consumer Protection 2021-04-22 5:02 pm By Cat Fredenburgh

The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial “before we all retire” will soon weigh the ACCC’s claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.

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AFR apologises to iSignThis as defamation case settles
Defamation 2021-04-22 3:22 pm By Cat Fredenburgh

The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.

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Dentons adds HSF competition heavyweight to Sydney office
People In The News 2021-04-22 1:24 pm By Cat Fredenburgh

Global legal giant Dentons has snagged a Herbert Smith Freehills competition partner with almost 30 years experience at the big six firm for its Sydney office.

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Nominate a young gun for Lawyerly’s Litigation Rising Stars 2021
Litigation Rising Stars 2021-04-22 10:51 am By Cat Fredenburgh

Lawyerly’s Litigation Rising Stars 2021 series will profile the top barristers and solicitors under 40 whose successes in the area of high-stakes commercial litigation belie their age.  

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Report flags ‘alarming’ incidence of sexual harassment in SA legal profession
Business of Law 2021-04-20 10:53 pm By Cat Fredenburgh

Sexual harassment is alarmingly common throughout the legal profession in South Australia, according to a new report that details an assault by a former judge and harassing texts from a magistrate who told a lawyer while presiding over a case that he imagined her “kneeling between his legs at the bench”.

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Appeal dropped by disqualified exec who argued forwarded ASIC email not proper service
ASIC 2021-04-20 4:43 pm By Cat Fredenburgh

A Perth director of six companies that were wound up owing $100 million to creditors has dropped a challenge to his disqualification by ASIC, after unsuccessfully arguing before the Full Court that an email from the corporate regulator forwarded by his lawyer did not constitute proper service.

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Designer seeks unredacted docs from Katy Perry in trade mark battle over name rights
Intellectual Property 2021-04-20 3:47 pm By Cat Fredenburgh

Sydney fashion designer Katie Perry has petitioned the court to order singer Katy Perry to hand over unredacted documents in their trade mark fight over the right to use the name for clothing and accessories in Australia, after counsel for the designer criticised the singer for withholding the emails addresses of those who were “not similarly notorious or similarly famous.”

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