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Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
Energy & Natural Resources 2021-11-30 2:19 pm By Bianca Hrovat

A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to […]

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Judge orders Employsure to pay $1M after ‘gagging’ at ACCC’s proposed sum
Employment 2021-11-30 5:43 pm By Bianca Hrovat

Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.

Courtenay House former director duped hundreds in $196M Ponzi scheme, ASIC says
Financial Services 2021-11-30 6:18 pm By Bianca Hrovat

The former director of investment management fund Courtenay House is facing a slew of criminal charges after an investigation by the Australian Securities and Investments Commission allegedly revealed he duped 590 investors in a $196 million Ponzi scheme.

Singer Katy Perry accused of trying to ‘snuff out’ Aussie fashion designer
Intellectual Property 2021-11-29 9:52 pm By Bianca Hrovat

US pop star Katy Perry has been accused of using her “financial might” to “snuff out” the small business of an Australian fashion designer, as […]

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Norton Rose wins appeal against sacked partner, but faulted for ‘serious error in judgment’
Employment 2021-11-26 7:14 pm By Bianca Hrovat

Law firm Norton Rose Fulbright has won its appeal of a $160,000 judgment in favour of former partner Thomas Martin, with the Full Federal Court […]

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AMP’s bid to declass insurance class action ‘antithesis’ of interests of justice, court rules
Class Actions 2021-11-26 2:36 pm By Bianca Hrovat

Financial services company AMP has lost its bid to de-class representative proceedings brought on behalf of 1.5 million insurance customers. The Piper Alderman and Shine […]

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Class action accuses QSuper of overcharging 140,000 members
Financial Services 2021-11-25 2:32 pm By Bianca Hrovat

Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers. The Shine Lawyers-led class action was […]

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ACCC approves NAB’s $1.2B acquisition of Citi’s consumer business
Competition & Consumer Protection 2021-11-25 2:55 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has given the green light to the National Australia Bank’s proposed $1.2 billion acquisition of Citigroup’s Australian consumer business, […]

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a2 Milk faces second shareholder class action
Class Actions 2021-11-24 3:55 pm By Bianca Hrovat

Dairy giant a2 Milk has been hit with a second class action alleging it misled shareholders by providing an overly rosy forecast for its infant […]

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ASIC imposes new conditions on ASX following multi-billion dollar outage
Securities 2021-11-24 5:41 pm By Bianca Hrovat

The Australian Securities and Investments Commission has imposed additional license conditions on the Australian Securities Exchange after operational issues created a “very serious” outage last […]

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