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Guy Sebastian’s former manager Titus Day arrested for alleged $1.15M fraud
White Collar 2020-07-01 10:04 pm By Christine Caulfield

Police have arrested Titus Day, the former manager of pop star Guy Sebastian, over allegations he duped the singer out of $1.15 million over seven years.

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Law firm investigates class action against nursing home over COVID-19 outbreak
COVID-19 2020-07-01 6:09 pm By Cat Fredenburgh

The company that operates the Newmarch House nursing home in Sydney is facing a possible class action after a coronavirus outbreak at the facility resulted in the deaths of 19 residents.

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Janssen to expand patent case against Juno over generic HIV drug
Intellectual Property 2020-07-01 4:40 pm By Miklos Bolza

Drug manufacturer Janssen wants to expand its high stakes case against Juno Pharmaceuticals over its HIV drug Prezista, alleging Juno’s plans to launch a generic version of the drug threaten another one of its patents.

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Opal Tower concrete supplier sues insurer over class action coverage
Insurance 2020-07-01 2:10 pm By Miklos Bolza

The prefab concrete specialist behind Sydney’s Opal Tower has filed a lawsuit against Chubb Insurance seeking to force the insurer to cover its costs of defending two proceedings over the ill-fated building.

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Société Générale Australia pleads guilty to client money offences
Financial Services 2020-07-01 2:05 pm By Alison Eveleigh

An Australian arm of French banking powerhouse Société Générale has pleaded guilty to client money offences, after it reported to the Australian Securities and Investment Commission that it had deposited client money into unauthorised bank accounts.

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AMP boss blames class actions for increasing cost of financial advice
Class Actions 2020-06-30 11:17 pm By Christine Caulfield

AMP’s chief executive Francesco De Ferrari has gone on the offensive against class actions in Australia, saying litigation funders were driving up the cost of doing business, resulting in job losses and increasing costs of financial advice.

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Telstra must give Siemens identity details of potential copyright infringers
Intellectual Property 2020-06-30 8:39 pm By Alison Eveleigh

Telstra has been ordered to provide technology company Siemens Industry Software with all documents relating to the identity of account holders who may have infringed Siemens’ copyright.

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Hytera can’t claim Motorola purposefully delayed notification of source code theft
Intellectual Property 2020-06-30 5:00 pm By Cat Fredenburgh

A judge has rejected new evidence sought to be advanced by Hytera Communications in its IP battle with Motorola that Motorola deliberately delayed notifying Hytera of possible theft of its source code because it wanted to improve its market position.

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Mayfair 101 founder denies troubled fund a Ponzi scheme
Financial Services 2020-06-30 4:26 pm By Miklos Bolza

The embattled founder of Mayfair 101 investment group has denied allegations that its $80 million IPO Wealth fund is a failed Ponzi scheme as he fights the appointment of a provisional liquidator to the fund.

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ASIC won’t bring action against Retail Food Group despite report of ‘particularly unjust’ conduct
Franchises 2020-06-30 1:21 pm By Christine Caulfield

Gloria Jeans’ owner Retail Food Group has avoided enforcement action by the Australian Securities and Investments Commission after an investigation sparked by last year’s damning parliamentary report into the franchise sector.

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