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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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Omni Bridgeway escapes fallout for failure to seek approval of EY replacement at AGM
Accounting 2024-04-22 1:23 pm By Cindy Cameronne

A judge has retroactively validated the appointment of BDO as auditor for litigation funder Omni Bridgeway after EY resigned due to a class action conflict, saying the failure to seek shareholder approval for the appointment was not the result of a blatant disregard for its obligations. 

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Eneco Refresh founder sentenced for market manipulation
Securities 2024-04-22 11:59 pm By Andy Sidler

The founder of ASX-listed bottled water company Eneco Refresh has been slapped with an 18-month suspended sentence after pleading guilty to market manipulation.

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Westconnex class action paused as funder feuds with lead plaintiff
Class Actions 2024-04-19 12:51 pm By Cindy Cameronne

A class action against Transport for NSW over the alleged fraudulent acquisition of land to construct the $16 billion Westconnex tunnel in Sydney has been put on ice until the funder and the lead plaintiff can resolve a potential dispute. 

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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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Protest class action loses bid for confidential information from Victoria Police
Class Actions 2024-04-19 3:40 pm By Sam Matthews

A class action targeting Victoria Police over its use of capsicum spray against protesters has lost its bid to uncover confidential information about police crowd control tactics, after a judge found disclosure of the information could “endanger the public”.

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Shane Heal’s suspension from Flames following bullying complaints lawful: court
Sports 2024-04-19 4:32 pm By Cindy Cameronne

A judge has rejected claims by basketball coach Shane Heal that the Sydney Flames used bullying complaints from several players as a ‘smoke screen’ to hide unlawful reasons for suspending him last year.

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ASIC appeals loss in landmark case over unfair insurance contracts
Insurance 2024-04-19 11:14 pm By Christine Caulfield

The corporate regulator is appealing a judgment that tossed its landmark action against Austo & General Insurance, saying the judge erred in construing an unclear and disproportionate term in the insurer’s house and contents policy.

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Icon forced into arbitration with ANSTO over $27M waste facility at Lucas Heights
Arbitration 2024-04-19 11:22 pm By Christine Caulfield

A judge has shut down a case by Icon against Australia’s nuclear agency over the $27 million construction of a waste treatment plant at Lucas Heights, saying the dispute should be determined by an arbitrator despite the parties waiving pre-arbitration steps.

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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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