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Mayfair 101’s James Mawhinney says he should not face penalty in ASIC case
Financial Services 2021-06-30 1:15 pm By Cindy Cameronne

The founder of embattled investment group Mayfair 101, James Mawhinney, will argue that he should not be ordered to pay any penalty after the company was found to have misled investors about its financial products.

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7-Eleven agrees to settle franchisee class actions
Class Actions 2021-06-30 12:35 pm By Miklos Bolza

7-Eleven has reached an in-principle agreement to settle two class actions which accused the convenience store giant of misleading franchisees and underpaying employees at its stores.

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Barrister reprimanded for lewd gesture faces appeal by NSW Bar Association
Legal Ethics 2021-06-29 10:14 pm By Cat Fredenburgh

The Council of the NSW Bar Association has filed an appeal after a tribunal found that a Sydney barrister who allegedly pushed an assistant clerk’s head while making a sexual remark at a professional dinner did not commit sexual harassment but was engaging her in “horseplay”.

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Former Nuix CFO, family members caught up in $17.8M insider trading probe
White Collar 2021-06-29 2:20 pm By Christine Caulfield

The corporate regulator has secured a travel ban against the brother of former Nuix CFO Stephen Doyle as it pursues a criminal investigation of alleged insider trading by the executive and his family.

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Court finds Ford PowerShift cars defective, in victory for class action
Class Actions 2021-06-29 1:24 pm By Miklos Bolza

In a win for a long-running class action against US auto giant Ford on behalf of owners of 70,000 vehicles, a judge has found that cars installed with PowerShift transmissions were defective.

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ACCC loses competition case against NSW Ports over 50-year deal with state
Competition & Consumer Protection 2021-06-29 11:27 am By Cindy Cameronne

The ACCC has lost its regulatory action against NSW Ports alleging a 50-year agreement with the state, signed when Port Botany and Port Kembla were privatised in 2013, was anti-competitive.

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Liberal politician Andrew Laming sues ABC journo Louise Milligan over tweets
Defamation 2021-06-28 6:44 pm By Cindy Cameronne

Liberal party politician Andrew Laming has hit ABC Four Corners journalist Louise Milligan with a defamation lawsuit over allegedly “sensational, accusatory and spiteful” tweets intended to “irrevocably damage” his reputation.

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‘Trouble and harassment’: Appeals court won’t revive Palmer’s $263M suit against CITIC
Appeals 2021-06-28 4:40 pm By Miklos Bolza

Clive Palmer and his company Mineralogy have lost a challenge to a Western Australia Supreme Court decision staying a $263 million lawsuit against Hong Kong-based CITIC, with an appeals court finding the mining giant’s decision to abandon and relitigate matters amounted to “unjustified trouble and harassment”.

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Litigation funder sued for failing to register Queensland energy class action under new rules
Class Actions 2021-06-28 4:00 pm By Cat Fredenburgh

Energy generator Stanwell has filed a lawsuit seeking to shut down the funding for a class action brought on behalf of 50,000 customers accusing it of gaming Queenland’s energy pricing system, alleging funder LCM lacked the required licence to back the case and did not register the class action as a managed investment scheme.

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EY sued for negligence over Coca-Cola Amatil’s $40M sale of SPC
Accounting 2021-06-25 5:32 pm By Miklos Bolza

Consulting firm EY is facing legal action for allegedly making inaccurate and misleading statements ahead of the 2019 sale by Coca-Cola Amatil of its fruit processing business SPC.

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