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ASIC did not threaten security firm with alleged links to bikie gang, court finds
ASIC did not issue threats to a Sydney security company that was being investigated for links to outlaw bike gangs and defrauding the Commonwealth, according to a judge who found the corporate regulator legally terminated its contracts with the company.
Westpac agrees to pay $1.5M to settle ASIC case over unsolicited insurance
Westpac has agreed to pay $1.5 million to settle proceedings brought by ASIC for misleading 141 customers into believing they had purchased add-on insurance.
Ex-Herbert Smith Freehills lawyer disqualified from feud with former Tennis Australia boss, ASIC says
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.
ACCC flags competition concerns over $1.2B Port of Geelong acquisition
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.
Biotechs Gen-Probe, Beckman Coulter settle spat over ‘Access’ trade marks
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.
Qantas unfairly fired safety instructor who stared at employee’s chest, FWC finds
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.
Griffin Coal charged with breaches of financial reporting, company officer obligations
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.
PwC can’t claim privilege over all advice to JBS, judge finds
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.
Peters served with $12M penalty for exclusive dealing
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.
ATO hits back at Pepsico lawsuit over Schweppes bottling payments
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.