Ord Minnett must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, after a judge found he was covered by the finance industry award, in a decision that could reverberate throughout the industry.
A judge has scorned a bid by the directors of John Bridgeman and JB Markets to represent the companies in a case brought by investment fund Benjamin Hornigold, suggesting the companies seek pro bono or community legal assistance.
Westpac subsidiary RAMS has flagged a cross-claim against disgruntled franchisees who say their agreements were terminated without proper cause, citing possible breaches of the National Credit Act.
A former maths teacher at exclusive Sydney school Cranbrook who alleges she was blackmailed by a student has filed proceedings alleging breaches of the Fair Work Act by her former employer.
The ACCC has flagged competition concerns about drug supplier Sigma Healthcare’s proposed $8.8 billion reverse merger with Chemist Warehouse, saying the tie-up could harm independent pharmacies and lessen competition in pharmacy retail.
Ashurst has lured two partners from competing firms to join its Perth office, bolstering its restructuring and investigations offerings for clients in the energy sector.
A judge has raised concerns about bids to declass group proceedings over alleged business interruption losses during the height of the COVID-19 pandemic, saying the thousands of policyholders who registered for the class actions might reap more from the cases than making claims directly with their insurers.
Santos is seeking to wrangle further documents from the Environmental Defenders Office to support its bid for costs orders against the law firm, telling a court there must have been “glaring deficiencies” in the standard of its services in running its challenge to construction of a pipeline for the energy company’s $5.6 billion Barossa gas project.
A Senate report into the government’s use of consultants, launched in the wake of PwC’s leak of confidential Treasury information, has recommended an inquiry into whether partnerships should be subject to the same regulations as corporations and again called on PwC to release the names of all those involved in the leak of confidential government information.
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.