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Super funds want price info protected in Westpac insider trading case
Financial Services 2021-06-16 2:24 pm By Christine Caulfield

Industry super funds AustralianSuper and IFM Investors – the consortium behind the interest rate swap at the centre of the corporate watchdog’s insider trading case against Westpac — have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.

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EY’s ‘surprising’ switch from Allens to Holding Redlich delays suit over Penrice audits
Ernst & Young 2021-05-20 11:29 pm By Cat Fredenburgh

Ernst & Young has delayed in filing its evidence in a lawsuit by Sydney-based investment firm London City Equities over its auditing of collapsed soda ash maker Penrice after hiring Holding Redlich to replace Allens just a few months before a mediation deadline.

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ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court
Financial Services 2021-05-19 4:07 pm By Cindy Cameronne

Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.

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Futura Resources unit loses appeal of R&D tax offsets over coking coal project
Tax 2021-05-03 12:06 pm By Miklos Bolza

A unit of coal mining company Futura Resources has failed to convince the Full Federal Court to allow it to register a 2012 coking coal mine investigation conducted in Central Queensland for a research and development tax offset.

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Deloitte can’t shield retirement talk docs in $3.8M age discrimination suit
Employment 2021-04-27 1:12 pm By Cindy Cameronne

Deloitte has failed to set aside a request for documents recording talks with partners about retirement after they turned 62, in a closely watched age discrimination lawsuit challenging the accounting firm’s mandatory retirement policy.

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Deloitte wants to keep lid on retirement talks in $3.8M age discrimination lawsuit
Employment 2021-04-07 5:47 pm By Cat Fredenburgh

Deloitte is seeking to set aside a subpoena for documents recording chats with partners about retirement after they turned 62, in a closely watched age discrimination lawsuit challenging the accounting firm’s mandatory retirement policy.

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Billionaire Brett Blundy defeats lawsuit by Honey Birdette co-founder
Corporate 2021-04-06 8:34 pm By Miklos Bolza

A former director of provocative lingerie retailer Honey Birdette has lost a lawsuit against billionaire retail entrepreneur Brett Blundy seeking damages after a relationship breakdown saw her bought out of the firm.

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Injunction granted in branch stacking case against Labor MP
Policy and Regulation 2021-03-19 4:30 pm By Cat Fredenburgh

Victorian Labor MP Marlene Kairouz has won an injunction temporarily blocking the Labor Party from bringing branch stacking charges against her.

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Partner in age discrimination suit says Deloitte acting like he’s out the door
Employment 2021-03-01 6:28 pm By Miklos Bolza

A partner who hit Deloitte with a $3.8 million age discrimination lawsuit says the accounting giant has been treating him as an “inactive partner” who is on the verge of retiring, including by failing to conduct a performance assessment for the 2021 financial year.

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Young Rich Lister’s company hit with trade mark lawsuit
Intellectual Property 2021-02-26 5:27 pm By Cindy Cameronne

A company run by an AFR Young Rich Lister has been taken to court for allegedly infringing an Indigenous-owned entrepreneurship coaching company’s trade mark. 

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