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ASIC takes Dixon Advisory to court over alleged conflicts of interest
Financial Services 2020-09-04 12:58 pm By Christine Caulfield

The corporate regulator has launched enforcement action against Dixon Advisory & Superannuation Services, accusing the financial services company of having conflicts of interest and providing inappropriate advice to clients.

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The Star takes insurers to court in test case over COVID-19 losses
Insurance 2020-09-03 5:57 pm By Alison Eveleigh

Sydney’s Star Casino is taking its insurers to court in a bid to claim the losses it has suffered as a result of Government restrictions enacted to stop the spread of COVID-19.

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Equititrust lawsuit on shaky ground after judge rejects Vannin’s choice of security
Restructuring & Insolvency 2020-09-03 5:41 pm By Miklos Bolza

The receivers for funds manager Equititrust, who are suing the name partners of law firm Tucker & Cowen, have failed in their bid to have further security for costs paid in the form of deeds of indemnity, despite telling the court that funder Vannin might withdraw its support for the litigation.

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Judge slams Mayfair director’s misleading comments to investors
Restructuring & Insolvency 2020-09-03 5:05 pm By Miklos Bolza

A judge has criticised “inflammatory” and misleading comments Mayfair 101’s director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.

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Judge criticises lawyers’ ‘inflammatory’ correspondence in $27M trust dispute
Arbitration 2020-09-03 4:40 pm By Alison Eveleigh

A judge has slammed the lawyers in a $27 million trust dispute between a Chinese machinery company and law firm Clyde & Co for engaging in “inflammatory” correspondence instead of properly conferring before bringing their case to court.

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Sneakerboy judgment paves way for COVID-19 rent relief until April
COVID-19 2020-09-03 4:26 pm By Alison Eveleigh

In a judgment that will be welcomed by retailers, a court has found that rent relief under the Federal Government’s mandatory COVID-19 code of conduct can be extended for at least six months after the regulations expire in October.

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‘Cruel, insulting, humiliating and rude’: Judge’s attack on lawyers prompts retrial
Appeals 2020-09-02 11:59 pm By Christine Caulfield

A custody battle in the Family Court will be reheard after an appeals court ruled the judge overseeing the matter was “hectoring, insulting, belittling, sarcastic and rude” to lawyers representing the father in the case.

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Banksia judge appeared to take ‘very dim view’ of lawyer Alex Elliott, court told
Class Actions 2020-09-02 9:42 pm By Alison Eveleigh

The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express “a very dim view” of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.

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iSignthis now wants $464M in share suspension suit against ASX
Securities 2020-09-02 9:17 pm By Christine Caulfield

Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator’s decision to suspend its shares has cost it almost half a billion dollars.

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Shine investigating union case against McDonald’s over unpaid drink breaks
Employment 2020-09-02 5:54 pm By Miklos Bolza

Shine Lawyers and the union backing Australia’s fast food workers are investigating claims against McDonald’s after the Federal Court ruled against a “reckless” franchisee who threatened to bar employees from toilet breaks.

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