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ASIC takes action against Societe Generale for lax handling of client money
Article 2020-06-15 12:48 pm By Cat Fredenburgh

ASIC has slapped an Australian unit of French investment bank Société Générale with additional licence conditions for failing to comply with its obligations for handling client money over a near four-year period.

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Bupa drops lawsuit against aged care regulator on the heels of $6M penalty
Competition & Consumer Protection 2020-06-03 5:38 pm By Cat Fredenburgh

Bupa Aged Care has dropped a lawsuit challenging a directive by the Aged Care Quality and Safety Commission that it claimed overlapped with proceedings brought by the ACCC in which it was recently ordered to pay a $6 million penalty.

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Ex-McCabe Curwood lawyer ordered to pay legal bill after ‘incompetent’ appeal
Article 2020-05-26 4:29 pm By Miklos Bolza

A former solicitor with McCabe Curwood has lost his attempt to overturn an order that he pay $36,000 in costs to his former employer, after an appeals court found that his challenge was “incompetent”.

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Boral prevails in costly cement supply stoush with Wagners
Construction 2020-05-21 5:17 pm By Christine Caulfield

Boral has successfully defended a lawsuit brought by a subsidiary of building products supplier Wagners, which previously estimated it would take a $10 million financial hit for suspending a cement supply contract with the construction giant.

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Clubbers denied entry to venue on ‘Asian night’ win race discrimination lawsuit
Hospitality 2020-05-11 10:41 pm By Christine Caulfield

Two men who claimed they were denied entry to a Sydney nightclub because it was “Asian night” will walk away with $15,000 after winning a racial discrimination case against the venue.

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Facing ‘unviable’ future, Auscript plans COVID-19 redundancies
Employment 2020-04-07 8:09 pm By Alison Eveleigh

The Fair Work Commission has ordered court transcript service Auscript to stop a wave of redundancies planned in response to the COVID-19 pandemic until it properly consults with staff.

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TEG Live to pay back $5M to basketball fans duped by misleading seating charts
Competition & Consumer Protection 2020-04-07 12:26 pm By Christine Caulfield

Event promoter TEG Live will refund $5 million to more than 5,000 sports fans who bought 20,000 tickets to see the Boomers play USA and Canada last year, after admitting it made misleading claims about seating at the basketball games.

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Asahi’s $16B deal to buy CUB gets competition approval with sell-off
Corporate 2020-04-01 2:27 pm By Christine Caulfield

The competition watchdog has signed off on the $16 billion acquisition of Carlton & United Breweries by Asahi after the Japanese beer giant offered to shed key beer and cider brands to seal the deal.

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ACCC to ease off compulsory exams in response to COVID-19
Competition & Consumer Protection 2020-03-27 10:51 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will scale back its use of certain investigatory tools, such as compulsory examinations, amid the strain on Australian businesses from the spread of COVID-19.

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‘Free the flag’: Copyright dispute over Aboriginal flag looms
Intellectual Property 2020-03-19 11:42 pm By Cat Fredenburgh

A company that holds the copyright for the Aboriginal flag may file a lawsuit against a website that sells flags featuring the design with the words ‘Free the flag’ in the middle.

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