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Paternity leave grows in popularity as law firm policies, attitudes shift
Business of Law 2020-06-26 10:33 pm By Alison Eveleigh

Law firms are increasingly encouraging men to take paternity leave, with benefits to both the well being of staff, and the bottom line.

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Heydon scandal prompts call for harassment law reform
Employment 2020-06-26 9:30 pm By Christine Caulfield

Australia’s peak legal body has called for amendments to sex discrimination laws to better protect women against workplace harassment by judges and barristers, and has urged the Morrison government to establish an independent commission to deal with complaints against the judiciary.

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Former Liberal senator Julian McGauran sues Mayfair 101 over $1M investment
Financial Services 2020-06-26 6:20 pm By Christine Caulfield

Already facing action by the corporate regulator for alleged misleading and deceptive conduct and a potential class action, investment firm Mayfair 101 must now defend a lawsuit by former Liberal senator Julian McGauran, who is demanding the return of his $1 million investment.

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ASIC loses appeal in responsible lending case against Westpac
Financial Services 2020-06-26 12:06 pm By Christine Caulfield

The Australian Securities and Investments Commission has failed in a high-profile challenge to a ruling for Westpac in its responsible lending case against the bank, with an appeals court majority saying the regulator read too much into the national credit laws.

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Virgin administrators sign deal with Bain Capital to buy struggling airline
Restructuring & Insolvency 2020-06-26 10:35 am By Christine Caulfield

Virgin’s administrators have reached a deal with Bain Capital to buy the airline and its subsidiaries, saying Friday US investment firm had made a “strong and compelling” bid to keep Australia’s second airline operating and secure the jobs of thousands of workers.

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ACCC takes Pacific National, Aurizon terminal deal challenge to High Court
Competition & Consumer Protection 2020-06-26 10:15 am By Christine Caulfield

The competition regulator wants the High Court to hear its challenge to Pacific National’s $205 million acquisition of Aurizon’s Acacia Ridge Terminal in Queensland, saying the deal would entrench the rail freight carrier’s near monopoly on the east coast of Australia.

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Ashurst documents show ANZ knew about illegal fees, ASIC says
Financial Services 2020-06-25 5:25 pm By Miklos Bolza

Ashurst notified Australia and New Zealand Banking Group almost a decade ago about issues relating to its illegal fees, ASIC has told the Federal Court as it fights for documents from the law firm.

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Ex-Beem It boss sacked for blowing whistle on CBA conflicts over proposed sale, suit says
Employment 2020-06-25 11:00 am By Christine Caulfield

The former CEO of Commonwealth Bank subsidiary Beem It was dismissed for blowing the whistle on multiple conflicts of interest by directors of the digital payment company, just months after she was warned by one director that the “CBA wagons” were circling her, a lawsuit alleges.

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High Court contacts 100 former associates who worked during Dyson Heydon decade
Employment 2020-06-25 10:51 am By Christine Caulfield

The High Court is reaching out to more than 100 former associates who worked during the tenure of former Justice Dyson Heydon, the high-powered judge facing legal action after being found to have sexually harassed several female associates.

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Geowash execs win stay of enforcement of $2.7M fine in ACCC case
Competition & Consumer Protection 2020-06-24 10:32 pm By Christine Caulfield

A judge has agreed to give two executives of Geowash a reprieve from enforcement of $2.7 million in penalties pending an appeal of a judgment in an ACCC case that found the car wash franchisor overcharged franchisees and misled them about expected revenue.

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