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Melbourne law firm faces class action investigation
Class Actions 2024-04-22 11:53 pm By Sam Matthews

Gordon Legal is investigating a possible class action related to alleged misconduct by a late Melbourne lawyer on behalf of people who provided “large sums of money” to him and his suburban legal practice.

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FWC showed no bias in Mantle Group case despite ‘harsh’ remark, says Full Court
Employment 2024-04-22 3:10 pm By Cindy Cameronne

A subsidiary of hospitality giant Mantle Group has failed to set aside a Fair Work Commission decision finding it systematically underpaid employees and gave “knowingly false” evidence, with an appeals court refusing to find the decision gave rise to the appearance of bias.

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ASIC wins ‘extraordinary’ asset freeze against crypto firm NGS
Cryptocurrency 2024-04-22 11:47 pm By Andy Sidler

Australians who sank $21.2 million into crypto firm NGS Crypto, including their retirement savings, may have been misled about the safety of their investments, according to an investigation by the Australian Securities and Investments Commission.

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Macquarie Bank hit with $10M penalty over financial adviser’s theft
Financial Services 2024-04-19 3:10 pm By Cindy Cameronne

 Macquarie Bank has agreed to pay a $10 million fine in proceedings brought ASIC after the bank admitted that it failed to monitor third-party withdrawals, resulting in a financial adviser’s theft of $2.9 million.

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Judge OKs $16M Dixon Advisory class action settlement, awards competing funder a sliver
Class Actions 2024-04-18 3:14 pm By Cindy Cameronne

A judge has signed off on a $16 million settlement in a class action against Dixon Advisory, but the funder of a competing case that was stayed after losing a beauty parade has earned a fragment of the $1 million it sought from the resolution sum.

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After 7 years of litigation, patent for blockbuster sleep drug Circadin found valid
Intellectual Property 2024-04-18 11:21 pm By Sam Matthews

After a seven-year legal battle, a court has upheld the validity of Neurim Pharmaceutical’s patent for insomnia drug Circadin and ruled two generic drug companies infringed the intellectual property.

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High Court to decide if new duty of care for NSW builders is apportionable
Construction 2024-04-18 11:03 pm By Sam Matthews

The High Court is set to weigh in on a challenge to a precedent-setting decision that found breaches of statutory duty under a provision of the Design and Building Practitioners Act are not apportionable, in a case with significant ramifications for the NSW construction industry.

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Acciona hit with second suit over $511M waste-to-energy plant
Construction 2024-04-18 2:37 pm By Sam Matthews

The entity in charge of a $511 million waste-to-energy plant south of Perth has filed a second lawsuit against Acciona, accusing the Spanish infrastructure giant of withholding $38.6 million in bank guarantees to use as leverage in unrelated disputes about the troubled project.

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GLAD trash bags maker taken to court by ACCC for ‘50% ocean plastic’ claims
Greenwashing 2024-04-18 11:51 pm By Andy Sidler

Clorox has been taken to court for alleged greenwashing, with the ACCC claiming the consumer goods giant misled customers into believing that a line of its GLAD trash bags were sourced from plastic recycled from the ocean.

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Not ‘plainly wrong’: NSW appeals court sticks to guns on class closure
Class Actions 2024-04-17 1:12 pm By Cindy Cameronne

The NSW Court of Appeal has said it has no power to exclude group members who do not sign up to a class action from participating in a settlement, upholding a controversial decision that the Full Federal Court said was “plainly wrong”. 

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