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SA Coroner gets access to confidential ABC defence docs in Porter case
Defamation 2021-07-28 5:50 pm By Christine Caulfield

Confidential portions of the ABC’s defence in the former Attorney-General Christian Porter’s defamation case can be disclosed to the South Australian State Coroner as part of his investigation into the circumstances surrounding the death of Porter’s alleged rape victim.

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‘I didn’t come down in the last shower’: Judge criticises running of two S&P cases
Class Actions 2021-07-28 1:53 pm By Christine Caulfield

A judge has grudgingly agreed to allow a law firm to run an investor’s case against S&P Global over ratings on toxic financial products separately from a class action that makes the same claims, but was warned of the “costs consequences” of the parallel proceedings.

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Jones Day picks up four litigators in raid of rival US firm Quinn Emanuel
Jones Day 2021-07-26 9:57 pm By Christine Caulfield

Two months after snagging one of Perth’s top energy litigators from Quinn Emanuel Urquhart & Sullivan, global law firm Jones Day has lured another four lawyers from its US rival for the disputes team in Australia.

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Qantas settles age discrimination case with former chairman’s son
Employment 2021-07-26 7:21 pm By Christine Caulfield

Qantas has resolved a lawsuit brought by the 64-year-old son of former chairman Sir Lenox Hewitt who alleged the airline’s policy of providing voluntary redundancy only to employees under 63 years of age was discriminatory.

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Crane maker NQCranes blasts ACCC’s ‘bizarre’ new claims in cartel case
Competition & Consumer Protection 2021-07-26 5:26 pm By Christine Caulfield

Queensland crane company NQCranes wants to strike out the bulk of the ACCC’s amended case alleging a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets, saying there was no evidence of the regulator’s new allegations of a second cartel agreement.

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ACCC launches action against milk processor Lactalis for dairy code breaches
Competition & Consumer Protection 2021-07-26 3:40 pm By Christine Caulfield

The ACCC has brought Federal Court action against major milk processor Lactalis Australia, the regulator’s first case for breaches of the dairy code of conduct.

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Greensill Capital likely insolvent one week before appointing administrators, report says
Restructuring & Insolvency 2021-07-22 11:29 pm By Christine Caulfield

Greensill Capital likely became insolvent on March 2, seven days before the Queensland-based financial services firm appointed administrators, the company’s liquidators have revealed.

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Westpac’s profits relevant, judge says in imposing $3M fees-for-no-service penalty
Financial Services 2021-07-22 9:35 pm By Christine Caulfield

Westpac has been ordered to pay $3 million after two subsidiaries admitted misleading hundreds of superannuation customers about the financial adviser fees they were charged, a penalty that took into account the Big Four bank’s massive profits.

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Westpac confirmed as largest Forum creditor, as administrators near sale of unit
Restructuring & Insolvency 2021-07-21 11:17 pm By Christine Caulfield

Administrators have lined up a buyer for a Forum Group entity, as a first creditors meeting confirms Westpac has the largest claim to any recoveries after an alleged $400 million fraud by the equipment leasing company.

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Judge lashes ACCC’s Port of Newcastle case as ‘far-fetched and fanciful’
Competition & Consumer Protection 2021-07-20 10:54 pm By Christine Caulfield

The ACCC’s claim that NSW Ports stymied competition when it signed a 50-year agreement with the state to be compensated if the Port of Newcastle built a container terminal was based on “mere speculative hopes”, a judge found in tossing the competition watchdog’s regulatory action.

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