Most Recent
Ultra Tune’s excuse for missing appeal deadline doesn’t wash, ACCC tells court
Competition & Consumer Protection 2019-05-07 9:07 pm By Amelia Birnie

The consumer regulator wants a court to throw out Ultra Tune’s appeal of a $2.6 million penalty after the national car repair franchise filed its challenge more than a month late because its lawyers “miscalculated” the deadline.

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East Timor can’t duck $328M fuel supply dispute with Lighthouse Corporation
Energy & Natural Resources 2019-05-07 8:13 pm By Miklos Bolza

The Democratic Republic of East Timor has lost its bid to dismiss a lawsuit brought by oil and gas firm Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply agreement, with a judge finding the court has jurisdiction to hear the case after an ICSID panel declined to arbitrate the dispute.

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ASIC has no ace in case over Australian Open broadcast rights, ex-Tennis Australia head says
Entertainment 2019-05-07 3:57 pm By Miklos Bolza

Former Tennis Australia director Harold Mitchell has denied allegations by the Australian Securities and Investments Commission that he breached his duties when awarding broadcasting rights for the Australian Open and other tournaments to the Seven Network in 2013.

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Judge who ruled for Geoffrey Rush was biased, Daily Telegraph says in appeal
Defamation 2019-05-06 10:23 pm By Cat Fredenburgh

Daily Telegraph publisher Nationwide News has appealed a $850,000 judgment against it in a defamation case brought by actor Geoffrey Rush, saying the judge who presided over the case was biased.

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Deloitte grilled after claiming partners have no right to access files from litigation room
Appeals 2019-05-06 10:07 pm By Christine Caulfield

Lawyers for Deloitte were questioned by an appeals court Monday after arguing that the accounting giant’s partners had no access to the firm’s files, stored in a locked “litigation room”, and no power to hand them over to comply with discovery orders in a shareholder class action over the collapse of client Hastie Group.

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Oil spill class action trial delayed by expert evidence filed ‘without leave, without notice’
Class Actions 2019-05-06 9:07 pm By Amelia Birnie

The Montarra oil spill class action trial has been pushed back by two weeks, following the filing of late expert evidence by the applicants “without leave, without notice,” according to oil company PTTEP.

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Westpac slams ASIC for ’19th century approach’ to home loans
Financial Services 2019-05-06 8:35 pm By Miklos Bolza

Banking giant Westpac has criticised the Australian Securities and Investments Commission’s old fashioned approach to home loan serviceability, saying its own complex system is more efficient and would “pass muster” in the face of the regulator’s allegations that it breached responsible lending laws.

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Judge refuses to toss proportionate liability defence in Sydney light rail class action
Class Actions 2019-05-03 9:27 pm By Amelia Birnie

The NSW Government has successfully added a proportionate liability claim against two contractors to its defence in the Sydney light rail nuisance class action, over the objections of the lead plaintiff in the case.

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Ex-PPB Advisory liquidator gets 7 years’ jail for $800,000 fraud
Restructuring & Insolvency 2019-05-03 9:06 pm By Amelia Birnie

A former PPB Advisory liquidator has been jailed for seven years for embezzling $800,000 from defunct property development company Neolido Holdings Pty Ltd.

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Woolworths class action homes in on supermarket giant’s price perception problem
Class Actions 2019-05-03 9:06 pm By Christine Caulfield

Woolworths’ knowledge of its poor performance on price perception among shoppers in 2014 is at the centre of a $100 million shareholder class action against the retailer, a court heard Friday.

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