Harvey Norman tells court $24M should be max penalty for ‘interest-free’ ads

Please login to bookmark Close

Harvey Norman says it should not be fined more than $24 million for running misleading ads touting interest-free financing, telling a court it should not be punished for “unattractive” remarks its founder made in the media about the legal system.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Mayne, Cosette row to be determined on the merits after panel resets merger clock

Please login to bookmark Close

The Takeovers Panel has agreed to hear Mayne Pharma’s latest dispute with Cosette over the US drug maker’s attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Sydney developer sues Fairfax for defamation over arson story

Please login to bookmark Close

Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks.  Coronation Property owner Joe Nahas…

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Piper Alderman’s default win quashed in fee row with Care A2 director

Please login to bookmark Close

Piper Alderman has been pulled back into a costs dispute after a judge found the director of dairy company Care A2 had an arguable defence and set aside a default judgment for the law firm.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Westpac pays back $50M to 47,000 underpaid staff

Please login to bookmark Close

Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period. The underpayments occurred between January 2014 and February 2025 and included failure to pay casual loading and minimum…

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ASIC wants $85M in fines against Harvey Norman, Latitude, says GC apology ‘performative’

Please login to bookmark Close

ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

CBUS trustee agrees to pay $23.5M in ASIC death benefits case

Please login to bookmark Close

The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator’s case over excessive delays in processing $20 million in death and disability claims.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Court approves $8.7M settlement in Exactech class action

Please login to bookmark Close

A judge has approved a “modest” $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Nielsen exec claims unfair dismissal after husband’s axing, can’t get job back

Please login to bookmark Close

A former managing director of ratings agency Nielsen, who alleges she was unfairly dismissed after her husband was fired from the company, has lost her bid to be temporarily reinstated.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ASIC blitz targets Shield, First Guardian advisers, research firm

Please login to bookmark Close

The corporate cop has launched two new cases and sought approval to bring a third action over financial advice that led customers to sink hundreds of millions of dollars in retirement savings into the failed Shield and First Guardian investment funds.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?