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Deloitte can’t dodge client’s fraud claims, 16 years after alleged conduct
Tax 2021-12-10 10:01 pm By Bianca Hrovat

Accounting giant Deloitte has lost its bid to throw out a former client’s lawsuit alleging negligence and fraud over a failed interposition under tax law that occurred more than 16 years ago.

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ACCC staff training ‘inadequate’ during bank cartel probe, court hears
Financial Services 2021-12-10 3:57 pm By Cindy Cameronne

A senior ACCC officer has been grilled on whether staff training on criminal cartel investigations was “inadequate” while the competition regulator ran a cartel probe into ANZ’s $2.5 billion share placement in 2016.

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‘Serious professional misconduct’: WA lawyer found to have misled Supreme Court
Legal Ethics 2021-12-10 4:53 pm By Miklos Bolza

A Western Australian lawyer will face penalties and disciplinary action in the State Administrative Tribunal after nine professional misconduct findings were made against him, including a finding that he knowingly sought to mislead the Supreme Court.

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Repipe loses appeal in battle with IP Australia over computer-implemented invention
Intellectual Property 2021-12-10 11:39 am By Cindy Cameronne

The Full Federal Court has shot down plumbing company Repipe’s appeal of a decision rejecting its innovation patents for a claimed computer-implemented invention, saying it only addressed issues in business operations rather than improving on computer technology.

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Qantas in court battle over failed $35M flight academy partnership
Contracts 2021-12-10 11:17 am By Bianca Hrovat

Qantas is locked in a legal battle with a US-based pilot training provider over failed negotiations concerning the development of a $35 million pilot academy in regional Queensland.

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Biogen may sue third generic drug maker to protect MS drug Tecfidera
Intellectual Property 2021-12-10 4:14 pm By Cat Fredenburgh

Swiss pharmaceutical company Biogen is considering a third patent infringement lawsuit against a drug maker to shield its monopoly in Australia for blockbuster multiple sclerosis drug Tecfidera from generic competition.

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Sparke Helmore ordered to pay $285K in negligence lawsuit
Professional Negligence 2021-12-09 6:55 pm By Bianca Hrovat

Sparke Helmore will have to pay $285,598 in damages for its negligence in advising a New South Wales property developer, but a judge found the law firm should not be on the hook for costs because the lawsuit was filed in the wrong court.

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Judge shoots down ex-ANZ trader’s ’emaciated’ bid to view lawyer meeting notes
Financial Services 2021-12-09 1:57 pm By Miklos Bolza

A former ANZ trader who alleges he was sacked for complaining about the bank’s manipulation of the bank bill swap rate has lost his bid to view lawyers’ notes taken during meetings over ASIC’s investigation into the bank’s conduct.

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Appster founders face $12M insolvent trading case
Restructuring & Insolvency 2021-12-09 12:23 pm By Cindy Cameronne

The liquidator of collapsed app-development firm Appster has filed a lawsuit against the company’s founders seeking $12 million in compensation for alleged insolvent trading.

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High Court won’t hear TechnologyOne exec’s bid to revive $5.2M award
Employment 2021-12-09 5:26 pm By Miklos Bolza

A former TechnologyOne executive has lost his application for special leave to appeal a judgment throwing out a $5.2 million bullying judgment in his favour, but has vowed to seek up to $25 million in a retrial against his former employer.

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