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MFS execs lose appeal over $147.5M in misused funds
Financial Services 2018-12-18 5:56 pm By Miklos Bolza

Three former executives of failed Gold Coast finance company MFS Group have lost their challenge to a ruling that they misappropriated $147.5 million in funds prior to the company’s collapse.

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Hytera ordered to hand over ‘stolen’ Motorola code
Intellectual Property 2018-12-18 5:33 pm By Miklos Bolza

Hytera Communications has been ordered to hand over source code that Motorola Solutions claims was stolen by three employees who jumped ship between the companies.

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Leyonhjelm wants details on Sarah Hanson-Young’s sex life
Defamation 2018-12-18 5:10 pm By Miklos Bolza

Liberal Democrat senator David Leyonhjelm, who is facing a defamation lawsuit by Greens senator Sarah Hanson-Young, is planning to compel Hanson-Young to describe her sexual relations with men.

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Bellamy’s ‘very ambitious’ in bid for $4.5M cost cap, judge says
Class Actions 2018-12-17 10:17 pm By Christine Caulfield

A judge looked dimly Monday on a pitch by baby food maker Bellamy’s to limit to $4.5 million the costs incurred by the law firms leading joint class actions against the company, saying the request was “very ambitious”.

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High Court to hear mortgage aggregator share transfer dispute
Corporate 2018-12-17 9:29 pm By Miklos Bolza

The High Court has granted special leave to mortgage aggregator Connective in a dispute between the firm’s founder and major shareholders over a transfer of one-third of the company’s shares, in a case that could clarify whether litigation should be considered a prohibited form of financial assistance under the Corporations Act.

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Battle over competing GetSwift class actions goes to High Court
Breaking News 2018-12-17 4:30 pm By Christine Caulfield

Law firm Squire Patton Boggs is taking a fight over a ruling that shut down its shareholder class action against logistics startup GetSwift to the High Court.

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Judge spurs ASIC to mediate in NAB fees for no service case
Financial Services 2018-12-17 3:23 pm By Miklos Bolza

A judge has pushed the Australian Securities and Investments Commission into mediation with two NAB wealth management units in its case over $100 million in fees for no service, despite the regulator’s contention that mediation is not the best way to move the case forward.

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Union merger challenge shot down by Federal Court
Employment 2018-12-14 11:53 pm By Christine Caulfield

An employer group has lost an appeal to the Full Federal Court to overturn the merger of the Construction, Forestry, Mining and Energy Union with two other unions.

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Viterra says others lied about malt quality, judge wants to know who
Corporate 2018-12-14 10:31 pm By Cat Fredenburgh

Viterra can amend its defence mid-trial in its dispute with Cargill over the $420 sale of its Joe White malt business to argue it was standard industry practice to fudge test results relating to malt quality, provided it identifies which industry players engaged in the practice.

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Crown Resorts wins dispute over Barangaroo casino views
Construction 2018-12-14 5:26 pm By Miklos Bolza

James Packer’s Crown Resorts has won a lawsuit against the NSW government for allegedly failing to protect sweeping views of the Sydney Harbour from its planned luxury casino in the Barangaroo area.

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