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CFMEU boycott case has ‘significant implications’ for industrial relations, High Court told
Appeals 2024-04-02 4:18 pm By Cat Fredenburgh

The competition regulator has asked the High Court to correct the Full Court’s alleged error in overturning a finding that builder J Hutchinson and the union for construction workers violated competition laws by agreeing to boycott an independent subcontractor at a Brisbane building site.

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High Court asked to hear promoter’s spat with TEG over One Direction concert
Appeals 2024-04-02 10:05 pm By Cat Fredenburgh

A Sydney concert promoter seeking a cut of the profits earned by Nine unit TEG Live for promoting a 2013 Australian tour with English-Irish boy band One Direction has taken his fight to the High Court.

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Hungry Jack’s resolves claims by franchisee over launch of nearby restaurants
Franchises 2024-04-02 11:40 pm By Christine Caulfield

Hungry Jack’s has resolved a case brought by a franchisee seeking a court injunction blocking the burger chain from launching two restaurants  in close proximity to its sites on NSW’s Central Coast.

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HSBC pays $33,000 fine for alleged breaches of Consumer Data Right
Competition & Consumer Protection 2024-04-02 10:15 pm By Cat Fredenburgh

British bank HSBC has been stung with $33,000 in penalties for alleged violations of rules designed to increase transparency and competition in the banking sector.

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Finance partner joins Dentons from Baker McKenzie
Financial Services 2024-04-02 11:43 pm By Christine Caulfield

Dentons continues to grow its ranks with the recruitment of banking and finance partner, Yechiel Belfer, from Baker McKenzie.

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Gladstone Ports class action funder, plaintiffs clash over who should run the case
Class Actions 2024-03-28 10:17 pm By Christine Caulfield

The litigation funder and lead plaintiffs in a class action against Queensland-owned Gladstone Ports are in dispute over who should be engaged to act in the long-running case after the solicitor on record left Clyde & Co for a rival law firm.

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Court OKs $23M settlement in Wellard class action despite funder’s ‘lion’s share’
Class Actions 2024-03-28 4:28 pm By Cindy Cameronne

A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, saying that investors had agreed to the lawyers and funder receiving the “lion’s share”. 

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27.5% the ‘standard benchmark’ for GCOs in earnings guidance class actions, court told
Construction 2024-03-28 4:39 pm By Cindy Cameronne

A law firm running a shareholder class action against building materials giant James Hardie Industries has argued for a 27.5 per cent group costs order, saying it was the “standard benchmark” for earnings guidance cases. 

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Jan Cameron fined $8,000 for failing to disclose interest in Bellamy’s
White Collar 2024-03-28 10:32 pm By Cat Fredenburgh

Former Bellamy’s Australia director Jan Cameron has been fined $8,000 after being found guilty of two counts of breaching the Corporations Act for failing to disclose her stake in the baby formula company. 

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ACCC review puts the kibosh on REA Group’s acquisition plans
Competition & Consumer Protection 2024-03-28 2:56 pm By Cat Fredenburgh

The owner of realestate.com.au has dropped its plan to acquire a national forms platform used by real estate agents, after the Australian Competition and Consumer Commission commenced a review of the deal off its own bat and raised competition concerns.

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