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High Court asked to hear promoter’s spat with TEG over One Direction concert
Appeals 2024-04-02 10:05 pm By Cat Fredenburgh

A Sydney concert promoter seeking a cut of the profits earned by Nine unit TEG Live for promoting a 2013 Australian tour with English-Irish boy band One Direction has taken his fight to the High Court.

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HSBC pays $33,000 fine for alleged breaches of Consumer Data Right
Competition & Consumer Protection 2024-04-02 10:15 pm By Cat Fredenburgh

British bank HSBC has been stung with $33,000 in penalties for alleged violations of rules designed to increase transparency and competition in the banking sector.

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Jan Cameron fined $8,000 for failing to disclose interest in Bellamy’s
White Collar 2024-03-28 10:32 pm By Cat Fredenburgh

Former Bellamy’s Australia director Jan Cameron has been fined $8,000 after being found guilty of two counts of breaching the Corporations Act for failing to disclose her stake in the baby formula company. 

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Airport employee first official targeted by National Anti-Corruption Commission
Public Corruption 2024-03-28 11:41 pm By Cat Fredenburgh

A former employee of the Western Sydney Airport has been arrested and charged with allegedly soliciting a bribe of $200,000 during the procurement process for a $5 million contract for services at the new airport.

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ACCC review puts the kibosh on REA Group’s acquisition plans
Competition & Consumer Protection 2024-03-28 2:56 pm By Cat Fredenburgh

The owner of realestate.com.au has dropped its plan to acquire a national forms platform used by real estate agents, after the Australian Competition and Consumer Commission commenced a review of the deal off its own bat and raised competition concerns.

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Senate report blasts PwC’s ‘cover-up’ of tax leaks scandal
Tax 2024-03-27 11:02 pm By Cat Fredenburgh

A Senate committee has slammed PricewaterhouseCoopers for hiding behind legal professional privilege and refusing to release a report by law firm Linklaters into alleged wrongdoing by international partners, as the committee seeks more information about PwC partners involved in the firm’s leak of confidential Treasury information.

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All eyes on lawyers’ 27.5% cut as court prepares to weigh first GCO class action settlement
Analysis 2024-03-26 11:54 pm By Cat Fredenburgh

When the Supreme Court of Victoria considers for the first time a settlement reached in a class action run on a contingency fee basis, it will grapple with some novel questions, including whether to trim the 27.5 per cent group costs order granted to Slater & Gordon at the outset of the case, legal experts say.

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Lisa Wilkinson’s husband seeks costs in Bruce Lehrmann defamation case
Defamation 2024-03-26 11:43 pm By Cat Fredenburgh

Author Peter FitzSimons is seeking costs from Bruce Lehrmann for complying with a subpoena in the former Liberal staffer’s defamation case against Network Ten and FitzSimons’ wife Lisa Wilkinson over the network’s airing of allegations that Lehrmann raped ex-colleague Brittany Higgins.

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$46.5M settlement reached in G8 class action, teeing up first contingency fee payout
Class Actions 2024-03-25 9:22 am By Cat Fredenburgh

Australia’s largest childcare centre operator G8 Education has agreed to pay $46.5 million to settle a shareholder class action alleging the company failed to keep investors in the loop about factors affecting its 2017 financial performance, and the firm that ran the case is set to make $13 million after securing the first group costs order in Victoria.

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Former EY partner tries again to keep identity under lid in tax case
Tax 2024-03-25 11:04 pm By Cat Fredenburgh

A former EY partner is trying again to keep their identity secret in proceedings brought by the Tax Office alleging they promoted tax exploitation schemes.

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