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Peak legal body says ATO privilege protocol burdens lawyers
Tax 2021-09-23 6:34 pm By Cindy Cameronne

The Law Council of Australia has raised concerns about the Australia Taxation Officeā€™s draft protocol for handling claims of legal professional privilege, saying it ā€œoverreachesā€ and asks too much from lawyers.

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Energy regulator takes Tesla big battery owner to court
Energy & Natural Resources 2021-09-23 5:27 pm By Miklos Bolza

The Australian Energy Regulator has filed court proceedings against Hornsdale Energy Reserve, the owner and operator of the world’s second largest lithium-ion battery, for allegedly failing to provide promised contingency services to avoid power disruptions in 2019.

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ATO wins info on 1,500 tax docs, teeing up potential privilege battle with CUB
Tax 2021-09-21 5:44 pm By Miklos Bolza

Iconic Australian beer manufacturer Carlton & United Breweries has lost an appeal seeking to shield information about 1,500 allegedly privileged documents from the Australian Taxation Office.

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Woolworths says $330M underpayments remediation should scuttle FWO’s case
Employment 2021-09-21 2:16 pm By Miklos Bolza

Supermarket giant Woolworths has denied the Fair Work Ombudsman is entitled to seek compensation for its underpayment of staff, saying its $330 million remediation to affected employees fully answers the regulator’s case.

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Canva gets more time to patent website invention after lawyer mess-up
Intellectual Property 2021-09-20 12:06 pm By Miklos Bolza

Graphics design platform Canva has been conditionally granted further time to apply to patent an invention for generating websites, after IP Australia found its US patent attorneys had made an “error or omission” by failing to track expiration dates for registering the patent.

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MIS regime poses ‘real risk’ to consolidating Freedom Foods class actions, court told
Class Actions 2021-09-17 10:16 pm By Miklos Bolza

Recent changes to the law requiring funded class actions to be registered as managed investment schemes have complicated the question of how best to resolve the multiplicity issue in two class actions brought against Freedom Foods and Deloitte.

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Sydney law firm didn’t pay paralegal minimum wage: FWO
Employment 2021-09-17 6:25 pm By Cindy Cameronne

A boutique Sydney law firm has been taken to court by the Fair Work Ombudsman for allegedly failing to pay the minimum wage to a paralegal.

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CBA to plead guilty to 30 criminal charges over sale of consumer credit insurance
Financial Services 2021-09-16 2:11 pm By Christine Caulfield

The Commonwealth Bank will plead guilty to criminal charges following an ASIC investigation over misleading representations to customers who purchased add-on consumer credit insurance.

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ACCC concerned JBS acquisition would give it too much pork on its fork
Competition & Consumer Protection 2021-09-16 12:58 pm By Miklos Bolza

The ACCC has called for further public submissions on a proposed acquisition by JBS Australia of a Singapore-owned pig farm and abattoir business after it raised preliminary competition concerns with the $175 million sale.

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‘Serious neglect’: Disciplinary board cancels Halifax auditor’s registration
Financial Services 2021-09-16 3:59 pm By Bianca Hrovat

The former lead auditor of stockbroker Halifax Investment Services, whose 2018 collapse resulted in $200 million in investor losses, has had his registration cancelled following an application by the Australian Securities and Investments Commission.

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