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Virgin Australia tweaks COVID-19 vaccination policy to resolve union lawsuit
COVID-19 2021-12-01 3:14 pm By Bianca Hrovat

Virgin Australia has walked back part of its COVID-19 vaccination policy after the union representing aircraft maintenance engineers received hundred of complaints about the requirement that they provide their Individual Health Identifier as part of proof of their vaccination status.

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CFMMEU cops $554,600 penalty for coercive worksite protests
Employment 2021-12-01 9:46 pm By Bianca Hrovat

The CFMMEU and two of its officers have been hit with a $554,600 penalty for allegedly using the union’s “covert industrial muscle” to pressure a New South Wales crane company to bend to its bargaining demands.

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Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
Energy & Natural Resources 2021-11-30 2:19 pm By Bianca Hrovat

A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to back out of its construction contract for the $696 million Kwinana waste-to-energy plant, and has warned the company it faces a difficult task to persuade the court of its case.

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Judge orders Employsure to pay $1M after ‘gagging’ at ACCC’s proposed sum
Employment 2021-11-30 5:43 pm By Bianca Hrovat

Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.

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Courtenay House former director duped hundreds in $196M Ponzi scheme, ASIC says
Financial Services 2021-11-30 6:18 pm By Bianca Hrovat

The former director of investment management fund Courtenay House is facing a slew of criminal charges after an investigation by the Australian Securities and Investments Commission allegedly revealed he duped 590 investors in a $196 million Ponzi scheme.

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Sparke Helmore was negligent in failing to alert developer to looming deadlines, court finds
Professional Negligence 2021-11-22 4:38 pm By Bianca Hrovat

Law firm Sparke Helmore acted negligently by failing to adequately advise a New South Wales property developer about extension of time notices that were needed to prevent two lucrative contracts from falling through, a judge has found.

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Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
Financial Services 2021-11-15 1:59 pm By Bianca Hrovat

A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.

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Franchisee lawsuit accuses Quest of ‘unfair’ termination tactics
Hospitality 2021-11-15 8:10 pm By Bianca Hrovat

Quest Serviced Apartments is using unfair tactics to unlawfully terminate franchise agreements, according to a lawsuit by a franchisee that is fighting to keep its doors open after COVID-19 restrictions forced closures across the country.

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Sparke Helmore partner engaged in ‘blatant cover-up’ to hide oversight, trial told
Trials 2021-11-09 8:37 pm By Bianca Hrovat

The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.

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ASIC takes digital lender Ferratum to court for overcharging borrowers
Financial Services 2021-11-02 11:07 am By Bianca Hrovat

The Australian Securities and Investments Commission has accused Finnish microloan company Ferratum of overcharging vulnerable, low-income consumers during the height of the COVID-19 pandemic.

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