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ASIC actions lead to jump in criminal charges, millions in fines
ASIC 2020-04-29 9:27 pm By Christine Caulfield

Investigations by ASIC led to prosecutors laying 279 criminal charges in the last six months of 2019, an increase of 300 percent on the previous six months, the corporate watchdog’s latest report reveals.

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Courts should be flexible on laws in COVID-19 pandemic, says Virgin Australia judge
Restructuring & Insolvency 2020-04-29 3:08 pm By Christine Caulfield

The COVID-19 pandemic and government social distancing restrictions were reasons to be flexible in applying and adapting the law, the judge overseeing the administration of Virgin Australia has said in exempting administrators from liability for unpaid leases and allowing Thursday’s meeting of the airlines’ creditors to be held by teleconference.

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Privacy bigwig to look at Federal Court data breach over asylum seeker names
Privacy & Cybersecurity 2020-04-29 2:11 pm By Christine Caulfield

A former privacy regulator will investigate a data breach by the Federal Court that exposed the real names of hundreds of asylum seekers on its website.

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Law firm hits Uber with another class action after court loss
Class Actions 2020-04-28 12:15 pm By Christine Caulfield

A plaintiffs law firm has fired off another class action against Uber after losing a bid to amend the group definition in a class action brought against the ride-sharing giant last year.

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Profits a big motivator for big four banks in refusing to pass on interest rate cuts, ACCC says
Competition & Consumer Protection 2020-04-27 9:35 pm By Christine Caulfield

The Big Four banks were trying to shore up their profits when they refused to pass on home loan interest rate cuts to consumers in full last year, an interim report of an Australian Competition and Consumer Commission inquiry has found.

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Gadens cuts staff pay by 20% in COVID-19 downturn
Business of Law 2020-04-27 5:50 pm By Christine Caulfield

A lower demand for legal services triggered by the coronavirus pandemic has forced law firm Gadens to reduce staff salaries by 20%.

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Judge rejects funder’s bid to send Banksia class action fee dispute to mediation
Class Actions 2020-04-27 4:05 pm By Christine Caulfield

The funder behind the Banksia Securities class action has failed in a bid to have an outstanding case over legal fees and its commission sent to mediation, with a judge saying the issues for trial involve allegations against lawyers of serious misconduct not appropriate for closed-door negotiations.

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‘This case makes no sense’: Judge says ‘Love Is In The Air’ infringed, but no damages owed
Intellectual Property 2020-04-27 1:48 pm By Christine Caulfield

A judge has found that an Oregon electronic music duo “flagrantly” copied the 1977 disco hit ‘Love is in the Air’ but has rejected most claims for damages because the copyright holder of the song sued for each streaming and download of the song, rather than for the creation of the infringing work.

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Scenic Tours passengers can claim damages for disappointment, High Court rules
Class Actions 2020-04-24 11:14 pm By Christine Caulfield

Passengers on a European river cruise operated by Scenic Tours can claim damages for disappointment after they were forced to take buses for most of their luxury tour, the High Court has ruled.

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Jones Day lures competition partner from Herbert Smith Freehills
Competition & Consumer Protection 2020-04-23 9:51 pm By Christine Caulfield

Global law firm Jones Day has nabbed former Herbert Smith Freehills partner Matthew Bull to boost the ranks of its antitrust and competition practice.

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