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‘That’s not what investors signed up for’: Linchpin used funds for unauthorised loans, court told
Trials 2022-03-08 9:40 pm By Sam Matthews

Clients of Linchpin Capital Group and subsidiary Endeavour Securities who were promised investments in a diversified loan portfolio were instead duped into funding Linchpin’s own business interests and lining its directors’ pockets, a judge has heard as trial got underway in ASIC’s case against three former Linchpin directors.

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Government showed ‘reckless indifference’ to wildlife by approving mine waste dump, suit says
Environment 2022-03-08 10:59 am By Sam Matthews

A Tasmanian environmental group is taking the state and federal governments to court over a mining company’s plan to dump toxic waste into Tarkine rainforest in the island’s north west, which the group says could lead to the extinction of the Tasmanian masked owl.

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WA premier says death threats followed Clive Palmer’s ‘outrageous’ remarks
Trials 2022-03-07 9:39 pm By Sam Matthews

Taking the stand Monday in a defamation dispute with mining billionaire Clive Palmer, WA premier Mark McGowan said Palmer’s “hurtful and outrageous” public comments led to death threats against his wife and family.

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Mitsubishi hits back at class action, says it can’t be sued over fuel efficiency labels
Class Actions 2022-03-04 9:46 pm By Sam Matthews

Mitsubishi has denied class action allegations that it made misleading fuel efficiency representations on labels affixed to the windshields of over 70,000 Triton Utes, and says it can’t be sued under the Australian Consumer Law because the labels were required by law.

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Careers Australia liquidator can pursue overseas directors on evidence of insolvent trading
Restructuring & Insolvency 2022-03-04 5:29 pm By Sam Matthews

The liquidator of collapsed vocational education provider Careers Australia can serve its lawsuit on two of the company’s former directors now living overseas, after a judge found a prima facie case of insolvent trading and breaches of directors duties had been made out.

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Johnson Winter & Slattery nabs top cyber lawyer from Corrs Chambers Westgarth
Privacy & Cybersecurity 2022-03-04 4:14 pm By Sam Matthews

Johnson Winter & Slattery has bolstered its growing cyber practice with the appointment of a leading data privacy lawyer from Corrs Chambers Westgarth.

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ACCC flags supply chain competition in COVID-19 era as new priority
Competition & Consumer Protection 2022-03-03 4:15 pm By Sam Matthews

The ACCC will target businesses seeking to use COVID-related disruptions to global and domestic supply chains as “a veil for illegal conduct” the watchdog’s outgoing chair has said in setting out the regulator’s priorities for 2022.

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ASIC to target company directors over cyber risk, climate change disclosures 
ASIC 2022-03-03 9:32 pm By Sam Matthews

Directors have been warned by the corporate regulator to take an active role in the management of cyber risks or face enforcement action.

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FWO takes Sushi Bay to court for alleged worker underpayments
Employment 2022-03-03 3:18 pm By Sam Matthews

The Fair Work Ombudsman has commenced legal proceedings against the Sushi Bay group of restaurants and its owner for allegedly underpaying workers to the tune of $650,000.

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Viterra rejected $85M offer to settle Cargill lawsuit over Joe White sale
Competition & Consumer Protection 2022-03-02 10:27 pm By Sam Matthews

Grain producer Viterra, which has been ordered to pay $293 million to Cargill Australia for making misleading representations during the sale of malt producer Joe White, rejected an offer to settle the lawsuit for $85 million, a court has heard.

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