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Regulator flexes new super powers over troubled IOOF entities
Financial Services May 22, 2019 8:34 pm By Amelia Birnie

The threat of civil penalties is growing for troubled financial services provider IOOF, after the prudential regulator used its new superannuation powers to issue directions […]

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Judge finds real risk of ASIC case against former IOOF exec
Financial Services May 20, 2019 9:05 pm By Amelia Birnie

Former IOOF chairman George Venardos will be allowed to object to incriminating evidence and discovery in proceedings brought by APRA, after a court found there […]

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Ex-partner files sex discrimination lawsuit after leaving national firm
Employment May 17, 2019 7:49 pm By Amelia Birnie

A former employment law partner at a national Australian law firm is suing her former employer for sex discrimination, after her original complaint was thrown […]

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Jack de Belin weighs appeal as judge upholds NRL’s stand-down rule
Employment May 17, 2019 8:55 pm By Amelia Birnie

Rugby league player Jack de Belin is weighing an appeal after losing his court challenge to the NRL’s “no fault” stand-down rule, while the players’ […]

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‘Fantastic, in the true sense of the word’: judge slams Appco class action funder’s 40% cut
Class Actions May 16, 2019 9:19 pm By Amelia Birnie

A judge has raised serious concerns about the proposed commission by the funder behind a $90 million sham contracting class action against fundraiser Appco, slamming […]

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Trial date at risk as Iluka Resources class races to lock in new funder
Class Actions May 16, 2019 4:53 pm By Amelia Birnie

The applicants in the Iluka Resources investor class action have just 14 days to sort out their funding troubles and provide a $1.25 million security, […]

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ACCC loses court challenge to Pacific National, Aurizon terminal deal
Competition & Consumer Protection May 15, 2019 9:09 pm By Amelia Birnie

The Australian Competition and Consumer Commission has suffered a major defeat in its challenge to Pacific National’s proposed $205 million acquisition of competitor Aurizon’s Queensland […]

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ICOS drops second patent dispute over erectile dysfunction drug
Intellectual Property May 15, 2019 12:41 pm By Amelia Birnie

US biotechnology company ICOS has settled a dispute with Australian-based Arrow Pharma over the patents for erectile dysfunction drug Cialis, less than 12 months after […]

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APRA ordered to hand over ASIC chats about IOOF exec
Financial Services May 14, 2019 9:06 pm By Amelia Birnie

APRA has been ordered to hand over all of its correspondence with fellow regulator ASIC relating to former IOOF chairman George Venardos, as he prepares […]

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Court tosses Ponzi scheme investor’s $75M claim against liquidator Grant Thornton
Restructuring & Insolvency May 14, 2019 9:29 pm By Amelia Birnie

A court has thrown out a $75 million compensation claim filed by an investor in a Ponzi scheme alleging liquidator Grant Thornton Australia and its […]

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