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iProsperity liquidators can prioritise $62.5M claims against Crown, Star: Full Court
Restructuring & Insolvency 2024-08-19 11:59 pm By Cindy Cameronne

The former general manager of iProsperity has lost his challenge to the collapsed fund manager’s liquidators getting more time to investigate $18 million in payments he received, with the Full Court finding they were not wrong to prioritise investigations into $62.5 million in payments to Crown and The Star.

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Class action against Fogo Brasilia, law firm faces fight over security after funder pulls out
Class Actions 2024-08-16 1:29 pm By Cindy Cameronne

A class action against restaurant chain Fogo Brasilia and its law firm alleging franchisees were misled about the profitability of their businesses could be shut down, with the lead plaintiff unable to pay security for costs after the funder pulled out, a court has heard.

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Isuzu taken to court in latest emissions cheating class action
Class Actions 2024-08-15 11:29 pm By Cindy Cameronne

Isuzu is the latest car maker to be stung with a class action for allegedly using defeat devices to cheat on emissions tests, and many more car makers may find themselves in the crosshairs over the “common practice”.

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Trader alleges bullying, death threats in unfair dismissal case against CMC Markets
Employment 2024-08-15 2:39 pm By Cindy Cameronne

A Sydney trader has brought an unfair dismissal case against CMC Markets, alleging his manager threatened his job and life after he complained about a shortfall in bonuses totalling more than $500,000.

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Fanatics wins timeout amid appeal of loss to AFL merchandise maker
Appeals 2024-08-15 11:55 pm By Cindy Cameronne

A judge has granted a limited stay of an injunction against US sports merchandise Fanatics after AFL merchandise maker FanFirm won its case alleging the US company knew about its ‘Fanatics’ trade marks.

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Insurer BCC loses bid to bring ‘moral hazard’ claim in $6B Greensill cases
Insurance 2024-08-14 3:48 pm By Cindy Cameronne

Bond & Credit Company has lost its bid to bring a new claim in defence to $6 billion proceedings over the collapse of Greensill that alleged the financial services company failed to disclose its “moral hazard” behaviour of being dishonest with insurers.

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Second Super Retail whistleblower comes forward, as court rejects bid to redact lawyer’s case
Employment 2024-08-14 11:18 pm By Cindy Cameronne

Super Retail Group has lost a bid to suppress parts of a case by former chief legal officer and company secretary Rebecca Farrell, who says she was sacked in May following complaints of corporate goverance issues, as a second senior employee steps up to back her former colleague’s claims.

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Accenture shuts down reporting of former HR exec’s employment case
Employment 2024-08-14 11:30 pm By Cindy Cameronne

Accenture has succeeded in a bid to keep a lid on court documents in a Fair Work claim by a former human resources executive ahead of mediation — the second recent suppression order of its kind made by the Federal Court.

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‘Nonsense’: ATO slams ex-EY partner’s privilege claim over termination advice
Tax 2024-08-13 11:13 pm By Cindy Cameronne

A former EY partner who was ousted after the tax office claimed he had promoted a $700,000 tax exploitation scheme has argued he is entitled to claim privilege over communications with the accounting firm’s general counsel and an external barrister, despite EY having waived it. 

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Kingfisher Mobile pares claims in $45M lawsuit against Telstra
Telecommunications 2024-08-16 11:45 pm By Cindy Cameronne

Contractor Kingfisher Mobile has dropped a claim against Telstra in a $45 million lawsuit alleging the telco breached a November 2022 contract when it engaged a new provider to take over. 

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