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The CEO of embattled Melbourne builder Vansan Construction is fighting a $2 million default judgment for SK Developments, saying he was given no opportunity to defend himself.
Apple, Google ruling to boost competition class actions against tech giants
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A landmark finding that Apple and Google misused their market power will boost competition claims — including class actions — against other dominant digital market players and could prompt the ACCC to consider action, experts told Lawyerly.
PepsiCo wins High Court fight with ATO over royalty withholding tax
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In a major loss for the Australian Taxation Office, a High Court majority has found an agreement between US soft drink giant PepsiCo and Schweppes Australia to sell brands such as Pepsi and Mountain Dew in Australia was not subject to a royalty withholding tax.
Class action firms ‘doing well’ inherent part of contingency fee law, court told
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Maurice Blackburn is seeking a 33 per cent cut of any settlement in a class action against Sportsbet, arguing that law firms “doing well” for themselves by running class actions is an inherent feature of the contingency fee scheme.
EY mulls damages against Alvarez & Marsal for alleged client poaching
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EY may seek damages against rival consulting firm Alvarez & Marsal after it won preliminary discovery to pursue possible claims over a mass departure of partners and staff from its international tax practice.
Ex-MP Andrew Laming wins High Court challenge to Facebook post fines
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The High Court has halved a $40,000 fine received by former Liberal MP Andrew Laming over three Facebook posts that breached electoral rules, finding the penalty should reflect the number of publications rather than the number of views.
Apple, Google engaged in anti-competitive conduct, says judge
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In a major win for two class actions and Fortnite maker Epic Games, a judge has found that Apple and Google misused their market power in running app stores and in-app purchase systems.
Court approves 35% GCO in WiseTech class action
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A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case.
Ex-PwC partner banned for alleged false statements that caused $11M tax shortfall
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The Tax Practitioners Board has banned former PwC partner Richard Gregg for four years after finding he made false or misleading statements concerning research and development tax incentives, resulting in a tax shortfall of $11 million and $800,000 in fines for his clients.
Investment manager pleads guilty to insider trading of Platinum shares
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Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer.