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ASIC sets sights on cost of living pressures in 2025 enforcement agenda
Financial Services 2024-11-14 11:26 pm By Christine Caulfield

The corporate regulator has outlined its enforcement priorities for next year, and top of the hit list will be businesses that exploit cost of living pressures.

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High Court says church not vicariously liable for historic abuse
High Court 2024-11-13 11:54 pm By Andy Sidler

The Catholic church can’t be on the hook for sexual abuse by priests because the principle of vicarious liability is limited to the employment relationship, the High Court has found.

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Companies need to report basis for climate change statements, says ASIC
Climate change 2024-11-12 1:55 pm By Cindy Cameronne

ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.

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Judge’s copy and paste decision a ‘canary in a coal mine’, experts say
Analysis 2024-11-11 11:36 pm By Cindy Cameronne

A time-strapped judge’s decision that was set aside for “uncritical copying and pasting” exposes deeper issues about stressed judges at under-resourced courts with “extraordinary workloads”, experts say.

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Court’s top judge hits back at media criticism, says ‘open justice’ is the problem
Courts 2024-11-11 11:51 pm By Christine Caulfield

The Federal Court’s top judge has attacked what she sees as “absolutist” public criticism of a spate of suppression orders in high-profile cases, saying open justice is just too, well, open.

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High Court to resolve uncertainty over common fund orders
Class Actions 2024-11-08 9:31 am By Cat Fredenburgh

The High Court has agreed to rule on whether common fund orders can ever be made in class actions, including so-called solicitors’ common fund orders allowing lawyers to earn a cut of any settlement.

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ATO, PepsiCo fight over royalty withholding tax goes to High Court
Tax 2024-11-08 11:06 pm By Cat Fredenburgh

The ATO has won the nod from the High Court to appeal a finding that a royalty withholding tax did not apply to payments from Schweppes to PepsiCo under agreements to sell brands like Pepsi and Gatorade in Australia.

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Ex-boss of AI marketing company Metigy charged with misleading investors
White Collar 2024-11-08 11:43 pm By Cat Fredenburgh

The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.

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‘Influx’ of consumer class actions likely after High Court’s Toyota decision, lawyer says
Analysis 2024-11-07 11:01 pm By Cindy Cameronne

Landmark High Court decisions in class actions against Toyota and Ford on how damages should be calculated for defective vehicles will spark more consumer class actions, a plaintiff lawyer told Lawyerly.

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Class actions against Ford, Toyota score major win in High Court
Class Actions 2024-11-06 3:06 pm By Cindy Cameronne

The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.

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