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Another dispute over Ichthys LNG project may be brewing
Energy & Natural Resources 2019-07-04 11:53 am By Miklos Bolza

The contractor behind the Ichthys LNG project has won court approval to use documents discovered in its lawsuit against Dutch paint manufacturer AkzoNobel for use in any potential dispute with INPEX, the head company behind the liquid natural gas project.

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Stephen Ridgeway to be new ACCC mergers commissioner
People In The News 2019-07-03 10:57 pm By Cat Fredenburgh

Former King & Wood Mallesons partner Stephen Ridgeway has been appointed as the new mergers commissioner at the Australian Competition and Consumer Commission.

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NRL faces possible class action over treatment of player concussions
Class Actions 2019-07-03 9:37 pm By Cat Fredenburgh

Two law firms are jointly investigating a potential class action against the NRL on behalf of players for alleged liability for “reasonably preventable brain injuries”.

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Drunks and prostitutes: Down N’ Out trade mark evokes Sin City, not In-N-Out, court told
Intellectual Property 2019-07-03 8:48 pm By Miklos Bolza

Sydney’s Down N’ Out Burgers has rejected claims that it appropriated the trade mark of US burger chain In-N-Out, telling a court at the close of trial that the founders were inspired by the success of the American company but wanted to evoke the idea of Sin City, not speedy service.

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Westpac unit settles class action over Samra Ponzi scheme
Class Actions 2019-07-03 3:50 pm By Cat Fredenburgh

Westpac unit BankSA has reached an agreement to settle a class action alleging it failed to detect the fraud of convicted Ponzi schemer Michael Samra.

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In latest AMP class actions, judge nudges parties away from beauty parade
Class Actions 2019-07-03 3:41 pm By Christine Caulfield

A judge overseeing competing consumer class actions against AMP over superannuation fees said he would be “reluctant” to hold a contest between the two cases, as the applicants in the rival proceedings tell the court they are in talks about possible consolidation.

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Ex-Sirtex CEO pleads guilty to insider trading
White Collar 2019-07-03 3:25 pm By Amelia Birnie

The former CEO and director of biotech company Sirtex Medical, Gilman Wong, is facing a maximum ten years in prison after pleading guilty to insider trading.

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Debt-laden fintech Squirrel can’t block receiver appointment
Restructuring & Insolvency 2019-07-02 9:17 pm By Amelia Birnie

A judge has refused to grant an injunction stopping the appointment of receivers to Australian cloud-based superannuation fund manager SMSF Squirrel Ltd, describing the company’s financial position as “precarious” and likely to worsen beyond its current liabilities of $7.8 million.

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Country Care slams prosecutors for ‘argumentative’, ‘vague’ criminal cartel case
Competition & Consumer Protection 2019-07-02 9:08 pm By Miklos Bolza

Country Care Group has criticised the DPP for the “argumentative” tone of the notice setting out its criminal cartel case against the mobility equipment provider, and has secured an order for further clarity from prosecutors.

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Ex-CBA exec facing criminal charges ordered to hand over docs in US lawsuit
White Collar 2019-07-02 9:03 pm By Amelia Birnie

A former Commonwealth Bank executive facing criminal commercial bribery charges has been ordered to hand over a number of documents in a US lawsuit brought by IT company Computer Sciences Corporation, but has avoided orders compelling him to take the witness stand.

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