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Ord Minnett loses wealth adviser’s case over wage entitlements
Employment 2024-06-13 11:22 pm By Sam Matthews

Ord Minnett must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, after a judge found he was covered by the finance industry award, in a decision that could reverberate throughout the industry. 

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‘We’re not a legal aid agency’: Judge says directors can’t rep investment firms
Financial Services 2024-06-13 2:57 pm By Sam Matthews

A judge has scorned a bid by the directors of John Bridgeman and JB Markets to represent the companies in a case brought by investment fund Benjamin Hornigold, suggesting the companies seek pro bono or community legal assistance.

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RAMS mulls cross-claim against franchisees in class action
Class Actions 2024-06-13 2:24 pm By Sam Matthews

Westpac subsidiary RAMS has flagged a cross-claim against disgruntled franchisees who say their agreements were terminated without proper cause, citing possible breaches of the National Credit Act. 

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‘So far on the wrong side’: Santos wants more evidence of EDO’s conduct in Barossa pipeline case
Energy & Natural Resources 2024-06-12 11:29 pm By Sam Matthews

Santos is seeking to wrangle further documents from the Environmental Defenders Office to support its bid for costs orders against the law firm, telling a court there must have been “glaring deficiencies” in the standard of its services in running its challenge to construction of a pipeline for the energy company’s $5.6 billion Barossa gas project.

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Judge throws out suit against Slater & Gordon over Allegro takeover
Corporate 2024-06-12 2:39 pm By Sam Matthews

A judge has thrown out a shareholder’s case against Slater & Gordon over the firm’s takeover by private equity firm Allegro, after finding the firm was not the proper target for the claims. 

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‘The whole purpose is undermined’: Judge irked by referee pick in AUSTRAC case against Star
Simon White 2024-06-11 3:26 pm By Sam Matthews

The judge overseeing AUSTRAC’s case against Star Entertainment has questioned the parties’ agreement to refer questions of fact and law to a former judge for determination, rather than an anti-money laundering and counter-terrorism financing expert. 

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Cargill wins IP case against company that tried to intercept $10.8M payment
Intellectual Property 2024-06-11 11:45 pm By Sam Matthews

Cargill has won a trade mark infringement case against a company that a judge said appeared to be operating an “internet scam” to intercept a $10 million payment to the multinational food company.

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Ex-principal settles with Cranbrook, pursues ABC over Four Corners episode
Media 2024-06-11 3:37 pm By Sam Matthews

The former headmaster of exclusive Sydney school Cranbrook has settled a dispute with his former employer after it admitted a public statement concerning his management of misconduct allegations against a teacher “may have caused confusion”, but will press on with a complaint against the ABC over the Four Corners episode that sparked the controversy. 

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Barry Nilsson failed to alert client until costs were 5x original estimate, lawsuit says
Business of Law 2024-06-07 11:37 pm By Sam Matthews

Law firm Barry Nilsson has been hit with proceedings by a former client who says was not informed the initial costs estimate of $6,000 provided by the firm had ballooned to $50,000 until her costs exceeded $32,000.

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Founders of streetwear retailer City Beach win $52M fight with ATO
Tax 2024-06-07 11:24 pm By Sam Matthews

The founders of streetwear retailer City Beach have won a fight with the ATO over the taxation of a $52 million disposal of pre-capital gains tax assets.

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