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Merivale reaches new class action settlement after first deal scrapped
Class Actions 2024-09-26 2:24 pm By Cindy Cameronne

Hospitality giant Merivale has reached a revised settlement in an employment class action, five months after the lead applicant’s unusual move to renege on an earlier deal.

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High Court to decide if NSW Forestry can be sued for breaching environmental laws
Environment 2024-09-09 11:42 pm By Sam Matthews

The High Court has agreed to hear NSW Forestry’s challenge to a decision that found it could be sued by an environmental group for allegedly breaching environmental laws, a case that raises questions about standing in civil enforcement proceedings.

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Class action reneges on $18M settlement with Merivale, says deal no longer fair
Employment 2024-05-07 12:27 pm By Christine Caulfield

In a highly unusual move, the applicant in an employment class action against hospitality giant Merivale has reneged on an $18 million settlement, saying a jump in group member registration since the deal was struck means the sum would no longer win court approval.

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AMP grilled over possible breach of court orders in insurance churn case
Financial Services 2022-10-19 11:26 pm By Cindy Cameronne

A judge has questioned AMP Financial Planning over whether it breached court orders to compensate customers after finding the firm failed to prevent a now banned adviser from churning life insurance for higher commissions.

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‘Concerned’ judge wants answers from AMP on remediation program
Financial Services 2022-08-19 11:05 pm By Cindy Cameronne

A judge has raised concerns that AMP Financial Planning has not compensated customers for allegedly failing to prevent life insurance churning, directing the firm to explain the “vanishingly small” number of people who have been remediated.

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In class action defence, Merivale says it shouldn’t be forced to backpay staff
Class Actions 2021-11-24 3:10 pm By Miklos Bolza

Hospitality giant Merivale has streamlined its defence of a $129 million underpayment class action, arguing that it shouldn’t be expected to back pay employees because it operated its business under the mistaken belief that its enterprise agreement governing staff at 70 of its venues was valid.

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Court scuttles Adani’s water plans for Carmichael coal mine
Energy & Natural Resources 2021-05-25 5:27 pm By Christine Caulfield

Adani’s controversial Carmichael coal mine in Queensland has hit another potential snag, with the Federal Court on Tuesday sending the company’s moves to pump 12.5 billion litres of water a year from the Suttor River back to square one.

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Merivale suffers setback in $129M underpayments class action
Employment 2021-04-01 4:43 pm By Cat Fredenburgh

The judge hearing an underpayments class action against hospitality company Merivale has found the workplace agreement that covered the group members was not validly approved.

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Former Bechtel exec wins appeal, can claim $11.8M share loss as tax deduction
Tax 2020-03-04 5:15 pm By Miklos Bolza

A former executive of engineering giant Bechtel will be allowed to deduct over $11.8 million in share losses from his taxable income after successfully challenging a ruling to the Full Federal Court, in a decision that clarifies taxation law for income and capital regarding asset trades.

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Judge hits AMP with $5.2M penalty, says greedy financial adviser was ‘in the right place’
Financial Services 2020-02-05 11:05 am By Miklos Bolza

The Federal Court has imposed a penalty of almost $5.2 million on AMP Financial Planning after finding it was “reckless” in its “lamentable failure” to properly respond to a now banned adviser who was churning life insurance for higher commissions.

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