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Mosaic Brands boss told GM paying $275K bonus would land him in jail, suit says
Employment 2023-09-12 11:49 pm By Cat Fredenburgh

A former general manager at Noni B owner Mosaic Brands claims she was sacked after she pressed the fashion retailer to pay out a $275,000 retention bonus, alleging she was told things could “get messy” if she sought legal advice.

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ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
Competition & Consumer Protection 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that want their submissions to the ACCC kept under lock and key.

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NAB’s cultural review report in ‘boys’ club’ suit protected by legal privilege, says judge
Employment 2023-09-11 6:24 pm By Cindy Cameronne

NAB can shield a report commissioned by its lawyers at Herbert Smith Freehills into the bank’s workplace culture from a former head of repo trading who alleges she was bullied and paid less than other workers because of her gender. Federal Court Justice Wendy Abraham ruled on Friday that a report by Wise Workplace Solutions…

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Two years after opt-out too late for security bid in SA Power class action: court
Class Actions 2023-09-11 11:17 pm By Sam Matthews

A class action against SA Power over a 2019 bushfire in the Adelaide Hills has dodged the energy company’s belated bid for security.

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The Kid Laroi loses bid to disqualify manager’s solicitors
Entertainment 2023-09-11 6:47 pm By Cindy Cameronne

Australian singer The Kid Laroi has failed to restrain solicitors who acted for his benefit in negotiating a record deal from representing his former manager in a contractual dispute, with a judge rejecting arguments the lawyers could be seen as “switching sides”. 

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Mawhinney must pay $1.3M to continue suit against McGrathNicol receivers
Real Estate 2023-09-11 5:09 pm By Cindy Cameronne

Mayfair 101 founder James Mawhinney must pay $1.3 million in security within six weeks or a case brought on behalf of his property management group Mainland against a lender and two McGrathNichol receivers will be thrown out. 

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COVID-19 insurance class action members can ‘have their cake and eat it too’: judge
Insurance 2023-09-08 11:55 pm By Cindy Cameronne

A judge considering bids to de-class COVID-19 business interruption class actions has said group members can sign up for the representative proceedings but later decide to make claims directly with their insurers.

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Judge refuses to bar children, non-Indigenous people from PFAS settlement
Class Actions 2023-09-08 11:26 pm By Cindy Cameronne

A judge has rejected a bid by in-fighting group members to bar children and non-Aboriginal residents in the Wreck Bay community from receiving a cut of an approved $22 million settlement over alleged PFAS contamination.

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Care A2 tries again to block Gensco’s US suit over baby formula deal
Food and Beverage 2023-09-08 11:57 pm By Cat Fredenburgh

Infant formula giant Care A2 will try again to block business partner Gensco from bringing claims against it in a US court that overlap with a $200 million Australian lawsuit over a deal to sell formula in the US.

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ME Bank pleads guilty to misleading borrowers, says crime didn’t hurt anyone
Financial Services 2023-09-07 11:00 pm By Sam Matthews

Direct bank Members Equity has pleaded guilty to criminal charges over misleading representations to customers, but a judge has questioned the bank’s submissions in favour of a low penalty, noting it was only “happenstance” that a systems glitch didn’t lead to worse outcomes for customers.

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