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Ex-Herbert Smith Freehills lawyer disqualified from feud with former Tennis Australia boss, ASIC says
ASIC 2022-04-01 7:02 pm By Christine Caulfield

A Federal Court registrar overseeing a costs dispute between ASIC and former Tennis Australia president Steven Healy worked in the practice group where the costs were accrued and should recuse herself, the regulator has said.

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ACCC flags competition concerns over $1.2B Port of Geelong acquisition
Competition & Consumer Protection 2022-03-31 1:54 pm By Cat Fredenburgh

The ACCC has expressed preliminary concerns that Spirit Super and Palisade Investment Partners’ proposed $1.2 billion acquisition of the Port of Geelong could substantially lessen competition in Victoria for the supply of bulk cargo port services.

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Biotechs Gen-Probe, Beckman Coulter settle spat over ‘Access’ trade marks
Intellectual Property 2022-03-30 10:01 pm By Miklos Bolza

The Federal Court has signed off on a settlement between two US biotech companies that ends a dispute over the companies’ ‘Access’ trade marks in Australia.

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Qantas unfairly fired safety instructor who stared at employee’s chest, FWC finds
Employment 2022-03-29 12:46 pm By Miklos Bolza

A Qantas safety instructor who was fired for allegedly staring at a female employee’s chest during a training session will get his job back after the Fair Work Commission found the dismissal was unfair because it was based on unsubstantiated allegations.

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Griffin Coal charged with breaches of financial reporting, company officer obligations
Energy & Natural Resources 2022-03-28 5:37 pm By Sam Matthews

Embattled mining company Griffin Coal is facing criminal prosecution following a referral from the Australian Securities and Investments Commission over alleged failures to meet financial reporting and officeholder requirements.

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PwC can’t claim privilege over all advice to JBS, judge finds
Tax 2022-03-25 10:57 am By Miklos Bolza

A judge has rejected the Australian Taxation Office’s claim that legal professional privilege does not apply to any communications between PricewaterhouseCoopers and its client, meat processor JBS, but has found that many of the reviewed documents do not satisfy the test of privilege.

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Peters served with $12M penalty for exclusive dealing
Competition & Consumer Protection 2022-03-25 1:51 pm By Sam Matthews

Peters Ice Cream has been hit with a $12 million penalty after admitting to entering an anti-competitive exclusive agreement for distribution of its single serve ice creams to service stations and convenience stores across Australia.

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ATO hits back at Pepsico lawsuit over Schweppes bottling payments
Tax 2022-03-25 9:31 pm By Miklos Bolza

A notice issued to Pepsico demanding royalty withholding tax over bottling payments made by Schweppes correctly notified the soft drink giant of its tax liability, the Australian Taxation Office has said.

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MLC admits to contraventions in $17.5M ASIC suit
Financial Services 2022-03-24 10:49 pm By Cindy Cameronne

Wealth manager MLC Limited has admitted to violating the Corporations Act by failing to send overdue notices to policyholders over a 15-year period, but will defend the bulk of ASIC’s claims in proceedings accusing it of causing $17.5 million in harm to over a quarter of a million consumers.

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SingTel can’t salvage $190,000 in transfer pricing deductions on $14.2B Optus buy
Tax 2022-03-24 4:44 pm By Miklos Bolza

SingTel has been blocked from making $190,000 in tax deductions after the Australian Taxation Office won its Federal Court case against the Singaporean teleco over transfer pricing benefits related to the $14.2 billion acquisition of Optus.

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