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Crown owns up to ‘serious and systemic’ breaches of money laundering laws
AUSTRAC 2023-03-01 5:29 pm By Sam Matthews

Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.

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Boost Mobile sues Optus for ‘flagrant’ trade mark infringement
Intellectual Property 2023-03-01 4:40 pm By Cindy Cameronne

Boost Mobile has sued telecommunications giant Singtel Optus, alleging it “misappropriated” its goodwill by marketing services under a similar product name after Boost chose to move its mobile network to Telstra.

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ASIC files first-ever action over whistleblower breaches against TerraCom
Employment 2023-03-01 1:19 pm By Cindy Cameronne

The Australian Securities and Investments Commission has brought its first-ever case alleging breach of whistleblower protections against coal producer TerraCom, claiming it made misleading statements to the market that damaged a whistleblower’s reputation.

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Fitbit says ACCC must show why 45-day refund limit is not reasonable
Competition & Consumer Protection 2023-03-01 4:20 pm By Cindy Cameronne

Google-owned Fitbit has denied ACCC allegations it misled consumers about their rights concerning faulty devices, and has challenged the regulator on its claim that it was obligated to refund customers who did not raise a complaint within 45 days of purchase or shipment.

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Star drops trade mark suit against Momento Hospitality over new hotel
Intellectual Property 2023-03-01 11:27 pm By Christine Caulfield

Casino operator Star Entertainment has settled a lawsuit against Momento Hospitality and CEO Marcello Colosimo over the name of their latest western Sydney pub, registered as The Star Hotel.

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Question of power to make settlement CFOs sent back to Full Court
Class Actions 2023-02-28 4:27 pm By Christine Caulfield

The divisive issue of whether judges are empowered to make a common fund order to distribute the costs of a funding commission at the settlement stage of a class action is headed back to the Full Federal Court next week.

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In Jaguar Land Rover class action contest, ‘innovative’ funding model challenged
Automotive 2023-02-28 5:23 pm By Cindy Cameronne

A law firm has questioned an “innovative” funding model proposed by its rival in a contest to run a class action against Jaguar Land Rover over allegedly defective diesel filters in its vehicles.

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Funder’s $7M cut in Fonterra class action up in the air amid CFO uncertainty
Class Actions 2023-02-28 8:47 pm By Sam Matthews

A judge has indicated his willingness to approve a $25 million settlement in a class action against dairy co-op Fonterra, but deferred the question of the funder’s cut until after the Full Court rules on whether the court has the power to make a common fund order at settlement.

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First-ever greenwashing case by ASIC targets Mercer Super
Financial Services 2023-02-28 10:28 am By Cindy Cameronne

The Australian Securities and Investments Commission has launched the first-ever civil penalty case for greenwashing, alleging Mercer Superannuation misled investors about the sustainability of its investment options.

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Advanta beats back appeal in contaminated seeds class action
Appeals 2023-02-28 9:55 pm By Sam Matthews

Advanta Seeds has won an appeal upholding the dismissal of a class action by sorghum farmers over allegedly contaminated seeds, with a court finding that the seed producer’s duty of care was negated by clear disclaimers.

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