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Samsung wins injunction banning senior sales manager from defecting to Electrolux
Employment 2024-05-22 11:29 pm By Andy Sidler

A court has imposed an interim injunction on a former Samsung Electronics business manager, restraining him from taking a similar role with rival Electrolux until a case alleging breach of post-employment restraints is heard.

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Baker McKenzie dragged into lawsuit over Armour takeover
Corporate 2024-05-21 2:51 pm By Sam Matthews

Baker McKenzie has been dragged into a court case brought by a shareholder and creditor of failed energy company Armour Group, which alleges the law firm was knowingly involved in a plan by China-based Shunkang Group to take control of the company for cheap.

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ASIC wins greenwashing case against Vanguard over $1B fund
Securities 2024-03-28 4:15 pm By Cindy Cameronne

The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion “ethically conscious” hedge fund.

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Hall & Wilcox lures EY partner to grow M&A team
Business of Law 2024-03-15 10:16 pm By Sam Matthews

Hall & Wilcox has recruited a mergers and acquisitions lawyer with cross-border expertise from EY to bolster its corporate practice in Sydney. 

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Talent scout settles suit with Teneo alleging she worked 16-hour days
Employment 2024-01-26 12:43 pm By Cat Fredenburgh

A former talent count for global CEO advisory firm Teneo has resolved a lawsuit against her former employer alleging she endured 16-hour workdays and was exposed to a toxic, male-dominated work culture.

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Dick Smith CFO stuck with $57M judgment after High Court revokes special leave
Appeals 2023-12-06 4:54 pm By Christine Caulfield

Former Dick Smith CFO Michael Potts is on the hook for paying $57 million in damages to National Australia Bank after the High Court on Wednesday revoked its grant of special leave, finding he did not raise a legal question of public importance.

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CEO advisory firm Teneo denies forcing talent scout to work 16-hour days
Employment 2023-11-08 11:26 pm By Christine Caulfield

The Australian arm of global CEO advisory firm Teneo has rejected claims in a lawsuit by the former head of the company’s APAC talent advisory division that it forced her to work unreasonable hours and says it fired her for “serious and wilful” misconduct.

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Melissa Caddick’s clients file class action against SMSF auditors
Superannuation 2023-10-27 8:57 pm By Cat Fredenburgh

Twenty-four former clients of Melissa Caddick who were defrauded out $24.5 million have filed a class action against the auditors of the self-managed superannuation funds they used to invest their retirement savings with the Sydney fraudster.

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Publishers hit with defamation suits over ‘Medicare scandal’ reports
Defamation 2023-10-17 3:26 pm By Sam Matthews

Two cosmetic surgeons have filed defamation suits seeking aggravated damages over coverage by the ABC and Fairfax that allegedly painted them as “outlaw surgeons” who mutilated a patient and exploited the Medicare system.

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Top Dick Smith execs drop High Court appeal against receivers
Restructuring & Insolvency 2023-10-10 11:02 pm By Christine Caulfield

Two former Dick Smith executives have settled with the receivers of the defunct electronics retailer, dropping a High Court appeal over an $11.8 million ruling.

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