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Tireless defence by lawyers felled criminal cartel case against banks
Competition & Consumer Protection 2022-02-11 11:20 am By Cat Fredenburgh

From a lengthy committal hearing challenging the ACCC’s investigatory techniques to repeated attacks on the prosecution’s indictment, an indefatigable team of barristers and lawyers across eight law firms helped bring an end to the four-year long pursuit of criminal cartel charges against three banks and six individuals over a $2.8 billion ANZ share placement.

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Ill-fated cartel case shows ACCC should stay out of financial markets, ex-Deutsche Bank CEO says
Competition & Consumer Protection 2022-02-11 7:23 pm By Cat Fredenburgh

The CDPP’s decision to drop all criminal cartel charges against two banks and four individuals in a “test case” over a $2.5 billion ANZ share placement shows the ACCC “lacks expertise and objectivity” on the financial markets and should leave them to ASIC to regulate, according to one of the former accused.

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Charges dropped in landmark criminal cartel case over $2.5B ANZ share placement
Competition & Consumer Protection 2022-02-11 11:03 am By Cat Fredenburgh

In a stunning reversal, the Commonwealth Director of Public Prosecution has dropped all criminal cartel charges against two investment banks and four individuals in relation to a $2.5 billion ANZ share placement, four years after the charges were brought following an allegedly questionable investigation by the ACCC.

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Ben Roberts-Smith described killing of Afghan teen as ‘most beautiful thing’, court told
Defamation 2022-02-11 1:16 pm By Bianca Hrovat

Australiaā€™s most decorated Afghanistan war veteran Ben Roberts-Smith told a former SAS soldier that when he ā€œblew the brains outā€ of a young Afghan man it was ā€œthe most beautiful thing [heā€™d] ever seenā€, a court has heard.

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‘Youā€™re my pet’: Ex-One Nation senator Brian Burston can’t dodge sexual harassment case
Employment 2022-02-11 10:08 pm By Sam Matthews

Former One Nation senator Brian Burston has largely lost his bid to throw out a sexual harassment and discrimination case by former staffer Wendy Leach.

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SAS sergeant admits he was reporter’s source in Ben Roberts-Smith trial
Defamation 2022-02-10 9:55 pm By Bianca Hrovat

A SAS sergeant testifying for Fairfax Media in the Ben Roberts-Smith’s defamation trial has admitted he told an investigative reporter the decorated veteran machine-gunned a disabled man during the war in Afghanistan, but insisted everything he said was true.

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Forum Finance director can’t block receivers from selling waterfront homes
Restructuring & Insolvency 2022-02-09 5:43 pm By Christine Caulfield

Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac’s fraud case against him.

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Class action members guaranteed more than 70% in first case giving lawyers slice of the pie
Class Actions 2022-02-08 2:47 pm By Christine Caulfield

The first order allowing plaintiffs lawyers to take a cut of the proceeds of a class action will guarantee group members in a case against G8 Education at least 72.5 per cent of any recoveries — a notably higher percentage than the minimum legislated by a controversial bill before federal parliament.

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SAS soldiers panned ‘bulls–t’ commendation awarded to Ben Roberts-Smith, court told
Defamation 2022-02-08 3:14 pm By Bianca Hrovat

It was common knowledge that SAS soldiers sought the retraction of a ā€œbulls–tā€ commendation awarded to war veteran Ben Roberts-Smith for acts of bravery in Afghanistan in 2012, a trial in a defamation case against Fairfax has heard.

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Fairfax slams Ben Roberts-Smith barrister’s cross-examination technique
Defamation 2022-02-07 9:27 pm By Bianca Hrovat

Fairfax has accused senior counsel representing Ben Roberts-Smith of using cross-examination to try to identify the source of allegedly defamatory articles that accused the former SAS soldier of war crimes.

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