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Forge Group defeats challenge to insider trading case over $187M sale
Appeals 2023-02-02 5:54 pm By Cindy Cameronne

Collapsed engineering firm Forge Group has defeated an appeal seeking to block its liquidators from bringing a case against engineering company Clough Limited for alleged insider trading during the 2013 sale of a $187 million stake in the company.

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ABC war crimes coverage defamed ex-commando, court finds
Defamation 2023-02-01 1:09 pm By Cindy Cameronne

A judge has found that the ABC defamed ex-commando Heston Russell by implying he was involved in murdering an Afghan prisoner, but he rejected claims that the broadcaster’s coverage implied he was actively responsible as the shooter. 

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Law firm’s estimated costs in PFAS class action ‘excessive’, court says
Class Actions 2023-02-01 4:44 pm By Cindy Cameronne

A judge has found a law firm’s estimated fees for representing the Commonwealth in a class action over the use of allegedly toxic firefighting foam on military bases are excessive, noting the government has already forked over $12 million in defence costs.

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King & Wood Mallesons lures back employment ace from Tabcorp
Employment 2023-02-01 2:57 pm By Cindy Cameronne

King & Wood Mallesons has welcomed the return of employment law expert Annamarie Rooding, who left the firm to serve as top inhouse lawyer with gaming giant Tabcorp.

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Judge asks GetSwift GC why he didn’t call out directors for being ‘bullies’
Securities 2023-01-31 8:05 pm By Cindy Cameronne

A judge has grilled the former general counsel of defunct logistics company GetSwift about why he did not confront the company’s directors for “bullying” other executives when they raised concerns about alleged continuous disclosure breaches.

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SMBC mulls new claims in $34M lawsuit over Forum Finance receivables
Financial Services 2023-01-31 3:34 pm By Cindy Cameronne

Japanese bank SMBC has foreshadowed an application to add claims against Humm Group after the fintech’s subsidiary allegedly misled the bank about receivables under contracts forged by a Forum Group entity.

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Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
Competition & Consumer Protection 2023-01-30 4:49 pm By Cindy Cameronne

The ACCC’s rejection of a regional network arrangement between Telstra and TPG was “confusing” and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator’s decision.

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Teal MP Monique Ryan faces Fair Work lawsuit by former chief of staff
Employment 2023-01-30 5:08 pm By Cindy Cameronne

High-profile teal independent Monique Ryan has been hit with a lawsuit by her ex-chief of staff and political activist Sally Rugg, who alleges her former boss breached protections in the Fair Work Act during her employment. 

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BHP mine took adverse action against labour hire worker, judge finds
Employment 2023-01-30 6:24 pm By Cindy Cameronne

A judge has found a BHP mine took adverse action against a labour hire worker by excluding him from entering a Queensland mine after he complained about safety, rejecting arguments that the mine could not take adverse action because it did not employ the worker directly.

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‘Author of own misfortune’: Ex-BCEG directors can’t vary freezing orders after $12M judgment
Construction 2023-01-30 5:36 pm By Cindy Cameronne

Two former directors of the Australian unit of BCEG have lost their “urgent” bid to vary freezing orders after a judge found they swindled millions from the company to fund their own developments and buy a luxury apartment.

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