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ACCC probes RAT suppliers’ claims of government seizures
COVID-19 2022-02-01 1:18 pm By Sam Matthews

The Australian Competition and Consumer Commission is investigating claims by suppliers that government bodies have diverted supplies of COVID-19 rapid antigen tests, as the regulator continues its crackdown on reported price gouging amid a test shortage.

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In ME Bank case, ASIC argues clock doesn’t run on serious corporate crime
White Collar 2022-01-31 7:44 pm By Bianca Hrovat

The Australian Securities and Investments Commission is challenging a ruling that threw out half the criminal charges against direct bank Members Equity, arguing the statute of limitations doesn’t apply to serious corporate misconduct.

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‘Black hole’ Cargill, Viterra case from which 4 judges rose nears end, maybe
Trials 2022-01-28 11:54 pm By Cat Fredenburgh

Judgment day has arrived in a legal battle over the $420 million sale of the Joe White malt business so epic four silks on the case were elevated to judgeships during its long run, but losing party Viterra has not ruled out an appeal.

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Court finds Viterra engaged in deceit during $420M Joe White sale
Competition & Consumer Protection 2022-01-28 10:58 am By Cat Fredenburgh

Food giant Cargill Australia has won its lawsuit against Glencore-owned Viterra alleging it misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.

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CoreStaff settles class action accusing it of misleading Papua New Guinea workers
Class Actions 2022-01-21 10:54 am By Cat Fredenburgh

Labour on-hire and recruitment company CoreStaff has settled a class action alleging it lured workers to Australia from Papua New Guinea with the promise of long-term work, only to terminate their employment agreements less than three years after they relocated.

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‘Unlawful greed’: AFP deploys strike force to investigate RAT price gouging
COVID-19 2022-01-21 4:16 pm By Bianca Hrovat

The Australian Federal Police is cracking down on COVID-19 rapid antigen test price gouging, deploying a zero-tolerance strike team to investigate “outrageous” markups referred by the Australian Competition and Consumer Commission.

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Jellycat accuses Kmart of selling knockoff Bashful Bunny plush toy
Intellectual Property 2022-01-20 7:06 pm By Bianca Hrovat

The battle of the bunnies has begun as London-based soft toy designer Jellycat sues Kmart for stocking an alleged knockoff of its eminently popular ‘Bashful Bunny’ plush toy.

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Dixon Advisory files for administration, blaming class actions
Restructuring & Insolvency 2022-01-19 10:40 am By Cat Fredenburgh

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

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INPEX, JKC settle spat over $45B Ichthys LNG project
Energy & Natural Resources 2022-01-19 11:12 am By Bianca Hrovat

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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Court asked to find Retail Food Group class action exempt from MIS rules
Class Actions 2022-01-18 3:13 pm By Christine Caulfield

A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.

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