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Shadow AG watched ‘in horror’ as class action reforms advanced
Policy and Regulation 2022-03-18 11:31 pm By Cindy Cameronne

Shadow attorney-general Mark Dreyfus said he watched “in horror” as a bill mandating that funded class actions be registered as managed investment schemes passed through Parliament in 2020 without consultation.

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Mayfair’s James Mawhinney wants reprieve from ASIC’s contempt case
Financial Services 2022-03-17 4:14 pm By Cindy Cameronne

Mayfair 101 director James Mawhinney has sought a temporary stay of ASIC’s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.

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AFCA lacked impartiality in decision against IronFX, court rules
Financial Services 2022-03-17 10:16 pm By Cindy Cameronne

Online trading platform IronFX has won its action against the Australian Financial Complaints Authority over a finding it wrongfully caused an 83 year-old French resident to lose his life savings.

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Salter Brothers misled client over $2.4M visa investment, lawsuit says
Corrs Chambers Westgarth 2022-03-16 5:05 pm By Cindy Cameronne

A former Salter Brothers client has filed a lawsuit against the fund manager, claiming it misled her about an investment fund marketed as part of a visa program to migrate to Australia.

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Hastie’s claim against Lendlease in $68M suit ‘untenable’, court hears
Restructuring & Insolvency 2022-03-16 10:36 pm By Cindy Cameronne

A bid by the liquidators of collapsed engineering company Hastie Group for Lendlease to pay back funds it withdrew under bank guarantees is “untenable” and “misconceived”, a court has heard in a $68 million case that also targets Multiplex, Grocon and John Holland.

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Former lawyer, now industrial umpire, guilty of misconduct after case languishes for 24 years
Business of Law 2022-03-15 2:37 pm By Cindy Cameronne

A high profile Tasmanian lawyer has been found guilty of professional misconduct for an “ongoing failure” to progress his client’s case or respond to her questions for two and a half decades.

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Viterra loses bid for ‘drastic’ freezing orders to safekeep $18m arbitration award
Arbitration 2022-03-15 10:01 pm By Cindy Cameronne

Viterra has lost its battle to maintain freezing orders against two Australian business as it seeks to enforce an $18.7 million arbitration award against a related but separate Chinese company.

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Nut having it: M&M maker Mars taken to court in trade mark stoush
Intellectual Property 2022-01-27 12:25 pm By Cindy Cameronne

The world’s largest macadamia grower has launched an appeal of an IP Australia decision that found its logo mark was deceptively similar to US confectionary giant Mars’ trade marks for its flagship candy M&Ms.

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Class action over COVID-19 jab mandate faces de-classing
COVID-19 2022-01-25 3:22 pm By Cindy Cameronne

A judge has suggested that a class action against the New South Wales government over a mandate requiring healthcare workers to be vaccinated against COVID-19 should be de-classed, saying it was a “straightforward point” because no financial relief was sought.

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McDonald’s hit with third lawsuit over unpaid rest breaks
Employment 2022-01-25 9:51 pm By Cindy Cameronne

McDonald’s has been hit with a lawsuit on behalf of 339 employees across four states alleging it systematically failed to give workers paid 10-minute breaks, a month after a class action was filed against the fast food giant for allegedly denying workers rest breaks.

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