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Origin faces shareholder class action over energy markets guidance
Class Actions 2025-02-26 11:51 pm By Sam Matthews

Origin Energy has been hit with a class action alleging it breached its continuous disclosure obligations and misled the market in its earnings guidance for the 2022 and 2023 financial years.

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$20M settlement in NAB class action OK’d despite concerns over lawyers’ fees
Class Actions 2025-02-26 10:14 pm By Sam Matthews

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant’s former lawyers to prepare “sub-optimal pleadings”.

Doctor’s defamation case over online reviews fails to clear serious harm bar
Defamation 2025-02-26 5:12 pm By Sam Matthews

A Melbourne doctor has lost his defamation suit over negative online reviews, with a judge saying she was not convinced the “spleen venting reviews” damaged his business or caused serious harm to his reputation.

Glencore sues Port of Newcastle over wharf charges
Competition & Consumer Protection 2025-02-25 11:13 pm By Sam Matthews

Mining giant Glencore has sued the operator of the Port of Newcastle over shipping fees, alleging it has been overcharged over $800,000 after the port authority disregarded a determination by the competition watchdog.

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BHP says ‘extremely significant’ changes to class action put trial date at risk
Energy & Natural Resources 2025-02-25 3:26 pm By Sam Matthews

BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.

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Construction PRO
Douglas Menzies barristers chambers up for sale, expected to fetch $25M
Real Estate 2025-02-25 4:46 pm By Sam Matthews

The Douglas Menzies Chambers in Melbourne’s CBD is expected to fetch $25 million, as the iconic legal offices are opened up for sale for the first time in over 30 years.

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‘Who can it be now?’ Men at Work trustee wants to know who gets royalties
Intellectual Property 2025-02-21 11:44 pm By Sam Matthews

The trustee for iconic Aussie pop band Men at Work wants a court’s guidance on who it should be making royalty payments to, after guitarist Ron Strykert contested an agreement he signed.

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Telstra misled customers about Belong upload speeds, court finds
Competition & Consumer Protection 2025-02-21 2:41 pm By Sam Matthews

A court has found that Telstra misled almost 9,000 residential broadband customers about the upload speeds of its budget internet provider Belong.

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EML wins extra time to respond to class action’s ‘new case’
Class Actions 2025-02-20 4:54 pm By Sam Matthews

Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.

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Landmark ruling to upend tax office’s practice of treating UPEs as loans
Tax 2025-02-20 11:56 pm By Sam Matthews

An appeals court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, upending the ATO’s longstanding practice of treating UPEs as part of a trustee’s assessable income.

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