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Active Super says ASIC penalty would fall on ‘poor old members’
Financial Services 2024-12-17 11:33 pm By Cindy Cameronne

The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members. 

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Ex-EY partner’s reputation ‘only thing of value to him’, court told
Tax 2024-12-17 4:20 pm By Cindy Cameronne

An ex-EY partner accused of pocketing $700,000 in commissions in a tax loss scheme wants to vindicate his reputation at trial but is weighing whether to keep his silence, a court has heard.

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Construction PRO
Meriton to face more evidence of alleged $8M defects at Symphony apartments
Construction 2024-12-19 2:38 am By Christine Caulfield

The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case “an example of how proceedings in the Technology and Construction List should not be conducted”.

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Maurice Blackburn’s class action risk too high to duck security, court told
Class Actions 2024-12-16 11:27 pm By Andy Sidler

Maurice Blackburn should provide $1.77 million in security in a class action over add-on insurance because the firm faces high risks in other class actions which could affect its ability to cover an adverse costs order, a court has heard.

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Class action filed over jumping castle tragedy in Tasmania
Class Actions 2024-12-16 10:41 am By Cindy Cameronne

The state of Tasmania and party supply company Taz-Zorb are facing a class action over the 2021 jumping castle tragedy that killed six children. 

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ASIC suit claims HSBC failed to protect customers from scams
ASIC 2024-12-16 11:15 pm By Julia Kanapathippillai

ASIC has launched legal proceedings against HSBC, alleging the bank did not have appropriate controls to protect customers from scammers.

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Kearney partner labelled senior manager ‘aesthetic addition’, suit says
Employment 2024-12-16 11:59 pm By Julia Kanapathippillai

A former senior manager at consulting giant AT Kearney, who alleges he faced racial discrimination and was unlawfully fired, has been ordered to re-file his case.

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Mesoblast class action settlement wins court OK
Class Actions 2024-12-16 11:17 pm By Christine Caulfield

A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.

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Ten, Lisa Wilkinson still locked in dispute over $1.8M in Lehrmann costs
Defamation 2024-12-16 11:06 pm By Cindy Cameronne

Eight months after a judge dismissed a defamation case by Bruce Lehrmann, Network Ten and journalist Lisa Wilkinson are still bickering over her $1.8 million legal bill.

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Maxim’s injunction bid against ‘uncontrolled’ licensee refused
Intellectual Property 2024-12-16 11:06 pm By Cindy Cameronne

A judge has rejected US publisher Maxim’s bid for an injunction against an Australian business it claims has been engaging in “uncontrolled use” of its intellectual property.

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