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Class action firm wants to intervene in FWO’s ‘entirely misconceived’ case against Woolworths
Employment 2021-07-22 3:46 pm By Cindy Cameronne

Employment class action law firm Adero Law is seeking to intervene in the Fair Work Ombudsman’s action against Woolworths, saying the “misconceived” proceedings have disrupted mediation in a class action against the supermarket chain for which 3,000 employees have registered.

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Amazon, eBay, Kogan in ACCC’s sights in digital platforms inquiry
Competition & Consumer Protection 2021-07-22 10:57 am By Miklos Bolza

The ACCC will probe potential competition and consumer concerns over online retail platforms eBay, Amazon, Kogan and Catch.com.au, and has called for submissions as part of its ongoing inquiry into digital platform services.

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Judge lashes ACCC’s Port of Newcastle case as ‘far-fetched and fanciful’
Competition & Consumer Protection 2021-07-20 10:54 pm By Christine Caulfield

The ACCC’s claim that NSW Ports stymied competition when it signed a 50-year agreement with the state to be compensated if the Port of Newcastle built a container terminal was based on “mere speculative hopes”, a judge found in tossing the competition watchdog’s regulatory action.

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ASIC appeals ruling in case against payday lenders Cigno, BHF Solutions
Financial Services 2021-07-20 9:09 pm By Cindy Cameronne

ASIC is challenging the dismissal of its enforcement action against payday lenders Cigno and BHF Solutions in a decision that found the companies did not need a licence to issue loans to hundreds of thousands of consumers.

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Noni B owner appeals ruling ordering it to hand over docs to ACMA
Privacy & Cybersecurity 2021-07-19 1:16 pm By Cat Fredenburgh

Mosaic Brands has appealed a ruling ordering it to comply with a request for documents from the Australian Communications and Media Authority over its potential violations of the Spam Act.

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Witness who won’t undergo quarantine can testify by video link in ex-Quintis boss’ trial
ASIC 2021-07-16 4:36 pm By Cat Fredenburgh

A judge has allowed a key US-based witness in ASIC’s case against former Quintis director Frank Wilson who will not submit to 14 days in hotel quarantine to give evidence by video link.

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ASIC drops criminal probe into AMP over fees for no service conduct
Financial Services 2021-07-16 2:24 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its criminal investigation of AMP over its fees-for-no-service conduct which was aired during the banking royal commission.

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Forum Group director stuck overseas after testing positive for COVID-19, court hears
Financial Services 2021-07-15 10:01 pm By Miklos Bolza

The director of the Forum Group companies accused of a $360 million fraud involving at least three major banks can’t return to Australia from Greece because he has COVID-19, his lawyer has told the Federal Court.

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BlueScope cartel judge gives ‘hybrid’ hearings low marks as COVID-19 scrambles trial plans
Competition & Consumer Protection 2021-07-29 1:17 pm By Cat Fredenburgh

When trial begins next month in the ACCC’s cartel case against BlueScope Steel, the parties will all appear by video, with a judge saying “hybrid” hearings – where some parties are in court and others appear by video – were “unsatisfactory”.

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ASIC’s insider trading case against Westpac should be heard ASAP, says judge
Financial Services 2021-07-14 9:53 pm By Cindy Cameronne

ASIC’s case accusing Westpac of insider trading before the $16 billion privatisation of electricity provider Ausgrid should be heard “as quickly as the court can deal with it”, a judge has said.

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