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Maurice Blackburn to challenge ruling in favour of ATO over bushfire tax bill
Appeals 2019-03-19 11:55 am By Christine Caulfield

Maurice Blackburn has not given up its fight with the Australian Taxation Office over a multimillion dollar tax liability on record-setting class action payout for Black Saturday bushfire victims.  

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ASIC caused major trader to ‘vanish’, defamation trial hears
Securities 2019-03-18 8:32 pm By Miklos Bolza

The Australian Securities and Investments Commission made global trading firm Select Vantage “vanish overnight” from the Australian market using slanderous statements based on a lack of evidence, the NSW Supreme Court has heard.

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Fairfax fights $280,000 ruling in Chau Chak Wing defamation case
Defamation 2019-03-18 10:48 am By Cat Fredenburgh

Fairfax Media is challenging a ruling ordering it to pay $280,000 in damages to Chau Chak Wing for an allegedly defamatory article that appeared in the Sydney Morning Herald linking the wealthy Chinese-Australian businessman to an international bribery scandal.

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Appeals court tosses challenge to Allianz Stadium demolition
Construction 2019-03-15 9:54 pm By Miklos Bolza

A Sydney community group has lost a last-minute challenge to the demolition of Allianz Stadium, with the Court of Appeal throwing the case out in a unanimous decision.

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High Court upholds spiritual attachment damages in landmark native title case
Appeals 2019-03-13 10:40 pm By Christine Caulfield

The High Court has upheld a $1.3 million damages award to native title holders in the Northern Territory town of Timber Creek for their loss of spiritual attachment to the land, in the first ever assessment by the court of native title compensation.

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Liquidator loses appeal to block evidence as ATO aims at 10 year ban
Restructuring & Insolvency 2019-03-11 8:47 pm By Christine Caulfield

An appeals court has dismissed a challenge by Veritas Advisory principal liquidator David Iannuzzi to the admissibility of evidence submitted by the Australian Taxation Office in the agency’s case seeking compensation and a 10-year ban.

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Class members waited too long to appeal Great Southern MIS settlement, court rules
Class Actions 2019-03-07 4:59 pm By Christine Caulfield

An appeals court has dashed the hopes of three group members of a resolved class action over managed investment schemes operated by agribusiness Great Southern Group who sought more time to appeal approval of the settlement deed, which put them on the hook for repaying their loans to Bendigo and Adelaide Bank.

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Judge got the maths wrong in awarding $5.6M for accounting error, Pitcher Partner says
Appeals 2019-03-07 1:16 pm By Christine Caulfield

A judge who hit Pitcher Partners with a $5.6 million damages ruling over an accounting error concealed from corporate client Neville’s Bus Service was wrong to hold that the transport operator’s losses flowing from the error were real, the firm has argued.

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WorleyParsons class action trial delayed in 11th hour judge swap
Trials 2019-03-06 7:46 pm By Miklos Bolza

The trial in a much anticipated shareholder class action against engineering firm WorleyParsons scheduled to commence this week has hit a roadblock, with a last minute change in the judge that will hear the matter.

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Westpac wants court to raise the bar for ‘personal advice’ finding
Financial Services 2019-03-04 10:59 pm By Cat Fredenburgh

Westpac has followed ASIC’s lead, launching a separate appeal to a ruling that it provided financial advice but not personal advice as part of a campaign encouraging customers to roll over external superannuation accounts.

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