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Optus, Foxtel contractor settles ‘sham’ contracting class action
Class Actions 2022-03-09 10:43 am By Christine Caulfield

Teleco contractor BSA has reached an in-principle settlement resolving a class action that accuses the company of misclassifying its workforce of technicians as independent contractors.

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Careers Australia liquidator can pursue overseas directors on evidence of insolvent trading
Restructuring & Insolvency 2022-03-04 5:29 pm By Sam Matthews

The liquidator of collapsed vocational education provider Careers Australia can serve its lawsuit on two of the company’s former directors now living overseas, after a judge found a prima facie case of insolvent trading and breaches of directors duties had been made out.

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Johnson Winter & Slattery nabs top cyber lawyer from Corrs Chambers Westgarth
Privacy & Cybersecurity 2022-03-04 4:14 pm By Sam Matthews

Johnson Winter & Slattery has bolstered its growing cyber practice with the appointment of a leading data privacy lawyer from Corrs Chambers Westgarth.

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Viterra rejected $85M offer to settle Cargill lawsuit over Joe White sale
Competition & Consumer Protection 2022-03-02 10:27 pm By Sam Matthews

Grain producer Viterra, which has been ordered to pay $293 million to Cargill Australia for making misleading representations during the sale of malt producer Joe White, rejected an offer to settle the lawsuit for $85 million, a court has heard.

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Viterra hit with $124M in interest on top of $168.9M in damages owed to Cargill
Competition & Consumer Protection 2022-02-28 5:54 pm By Sam Matthews

Grain producer Viterra has been ordered to pay Cargill Australia $124 million in pre-judgment interest on top of the $168.9 million it was ordered to pay after a judge found it misrepresented the performance capabilities of Joe White during the $420 million sale of the malt producer.

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GetSwift says stock price drop didn’t prove ‘materiality’ of ASX statements
Securities 2022-02-24 10:22 pm By Sam Matthews

Logistics company GetSwift will argue on appeal that a judge who found the company took a “PR-driven approach” to ASX statements was wrong in his assessment of whether those statements contained material omissions.

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JWS lures tax partners from Deloitte, KPMG Law
Johnson Winter Slattery 2022-02-24 3:36 pm By Bianca Hrovat

Johnson Winter & Slattery has snagged two tax bigwigs from Deloitte and KPMG Law to meet growing client demand for tax advice from law firms.

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GetSwift appeals judgment scathing of ‘PR-driven’ approach to disclosures
Securities 2022-02-22 10:28 pm By Christine Caulfield

Logistics company GetSwift and its directors are appealing a win for ASIC in the regulator’s case that alleged they breached their continuous disclosure obligations and engaged in misleading and deceptive conduct in the release of 22 ASX announcements.

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Viterra to pay $168.9M for misleading Cargill during Joe White sale
Corporate 2022-02-17 2:05 pm By Cat Fredenburgh

Grain producer Viterra will be ordered to pay Cargill Australia $168.9 million after a judge found the Glencore-owned company  misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.

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Aware Finance cops $20M penalty in ASIC fees for no service action
Financial Services 2022-02-17 9:04 pm By Sam Matthews

Aware Finance, formerly StatePlus, has been fined $20 million for charging over 25,000 customers approximately $50 million for services they did not receive. 

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