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Liquidator loses appeal to block evidence as ATO aims at 10 year ban
Restructuring & Insolvency 2019-03-11 8:47 pm By Christine Caulfield

An appeals court has dismissed a challenge by Veritas Advisory principal liquidator David Iannuzzi to the admissibility of evidence submitted by the Australian Taxation Office in the agency’s case seeking compensation and a 10-year ban.

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Commonwealth Bank wants to shut down one of two rival class actions
Class Actions 2019-03-11 8:21 pm By Miklos Bolza

The Commonwealth Bank of Australia has launched a bid to stay a shareholder class action brought by boutique law firm Phi Finney McDonald after the firm retreated from a plan to consolidate its case with a competing class action run by rival Maurice Blackburn.

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Bellamy’s keeps up fight for cost capping in joint class actions
Class Actions 2019-03-11 12:23 pm By Christine Caulfield

Baby food maker Bellamy’s is not giving up its fight to limit the costs of two shareholder class actions against the company, lodging an appeal of a ruling that shut down its cost-capping bid as premature.

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Clayton Utz hands over AMP docs to ASIC, ending legal stoush
Financial Services 2019-03-08 11:07 pm By Christine Caulfield

Legal action brought by the corporate regulator over withheld documents at the centre of an investigation into AMP’s fees for no service conduct has settled, with law firm Clayton Utz producing the evidence on Thursday.

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Court lifts injunction, allows Allianz Stadium demolition to begin
Construction 2019-03-08 10:19 pm By Cat Fredenburgh

The NSW Land and Environment Court has shot down attempts to further delay demolition work as part of the $729 million redevelopment of Sydney’s Allianz Stadium.

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CFMMEU fined $55,000 for pressuring worker to join union
Employment 2019-03-08 9:32 pm By Miklos Bolza

The CFMMEU has been hit with a $55,080 penalty after a judge found the union pressured a landscaper to join despite only being contracted to work for a couple of days.

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BASF appeals ruling over Lubrizol fuel additive patent
Intellectual Property 2019-03-08 9:13 pm By Miklos Bolza

Chemical giant BASF is appealing an IP Australia ruling that allowed US-based Lubrizol Corporation to amend certain claims of its patent for an improved fuel additive.

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Doctor taped meeting where Ramsay Health unit CEO made alleged threats, trial hears
Competition & Consumer Protection 2019-03-08 4:50 pm By Cat Fredenburgh

A surgeon who was considering opening a health clinic in Coffs Harbour, NSW recorded one of the meetings central to the competition watchdog’s action against Ramsay Health, in which alleged anti-competitive threats were made by a CEO of two Ramsay units, a court has heard. 

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Maurice Blackburn to pause Fearless Girl promotions while State Street case plays out
Intellectual Property 2019-03-07 10:40 pm By Cat Fredenburgh

Maurice Blackburn has agreed to refrain from any marketing or promotion using a replica of the iconic New York statue, Fearless Girl, while it defends a trade mark lawsuit by State Street Global, the US asset management firm that commissioned the original statue.

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Directed Electronics wins access to seized documents in corporate theft suit
Intellectual Property 2019-03-07 9:08 pm By Miklos Bolza

Australian automotive electronics developer Directed Electronics OE has won access to documents seized from rivals it claims misappropriated its confidential information and infringed its copyright to gain $3.6 million in secret commissions.

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