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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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Payday lenders Cigno, BSF appeal loss in ASIC case
Appeals 2024-06-12 2:58 pm By Christine Caulfield

Payday lenders Cigno and BSF Solutions have appealed a decision that found they provided credit without a licence, and rejected the claim that their loan model is analogous to buy now, pay later arrangements that don’t require a licence.

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Lendlease says ex-Greenwoods partner made contact after alleged dismissal for tax dodge complaints
Matthew Darke 2024-06-11 3:52 pm By Cindy Cameronne

Lendlease has hit back at a lawsuit by a former Greenwoods & Freehills partner who alleged he was sacked for complaining about the company’s “aggressive taxation position”, claiming the partner reached out after he left the firm welcoming the chance to work with the company again.

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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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Griffin Coal receivers dodge misconduct investigation over coal supply agreements
Energy & Natural Resources 2024-06-11 10:33 pm By Cindy Cameronne

The owner of a major coal power station in Western Australia has lost its bid for an inquiry into alleged misconduct by the receivers of collapsed Griffin Coal after they tried to avoid obligations under coal supply agreements, with a judge saying the allegations were “relatively trivial”. 

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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-CBA unit Count Financial settles with lead applicant in fees-for-no-service class action
Class Actions 2024-06-11 11:52 pm By Cindy Cameronne

The lead applicant in a class action against former Commonwealth Bank of Australia subsidiary Count Financial has settled individual claims in the case, which alleges the financial advisory firm charged fees for no service.

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Court clarifies scope of FOI exemption for Cabinet documents in Robodebt case
Policy and Regulation 2024-06-11 11:11 pm By Andy Sidler

A day after the National Anti-Corruption Commission closed its investigation of six officials linked to the Robodebt scandal, an appeals court has overturned a decision barring access by a campaigner to documents related to the disastrous scheme for collecting Centrelink debts.

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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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SkyCity hit with $67M penalty in AUSTRAC case
AUSTRAC 2024-06-07 2:11 pm By Andy Sidler

A judge has ordered SkyCity to pay a $67 million penalty in AUSTRAC’s case alleging it allowed $4 billion in suspicious transactions, finding it was an “appropriate” sum, even when compared with the $450 million fine handed to Crown last July.

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