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AG Christian Porter outs himself as accused rapist, denies allegations
News 2021-03-03 3:14 pm By Christine Caulfield

Attorney-General Christian Porter has identified himself as the federal Cabinet member accused of raping a teenage girl 33 years ago, but says he denies the allegations and will not step down.

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Apple doesn’t have to produce info on Australian users in Epic Games competition case
Competition & Consumer Protection 2021-03-03 2:28 pm By Christine Caulfield

Tech giant Apple will not be forced to hand over documents about Australian users to Epic Games ahead of argument on Apple’s application to shut down the game maker’s competition case, a judge has ruled, likening Epic’s imprecise notice to produce to the “cheerful pastime of drift netting”.

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Boston Scientific hit with pelvic mesh class action
Class Actions 2021-03-03 11:52 am By Christine Caulfield

Medical device giant Boston Scientific faces a class action on behalf of women who allege they suffered debilitating injuries from the company’s pelvic mesh products.

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Court won’t save Greensill from ‘catastrophic’ expiry of $4.6B insurance policy
Insurance 2021-03-02 11:27 pm By Christine Caulfield

Embattled financial services firm Greensill Capital has lost an emergency bid for a temporary mandatory injunction that would have forced its insurer to renew trade credit policies covering $4.6 billion in client loans as it fights to avoid collapse.

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ASIC accuses REST of deceiving members over super fund transfers
Financial Services 2021-03-02 9:48 pm By Christine Caulfield

The Australian Securities and Investments Commission has brought court action against Retail Employees Superannuation, alleging the super trustee may have misled members about their ability to move their super out of the REST Trust.

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Financial adviser drops defence in ASIC’s bad advice case against IOOF unit
Financial Services 2021-03-02 3:00 pm By Christine Caulfield

A former financial planner of IOOF unit RI Advice, who has been accused by ASIC of pocketing hefty commissions from clients steered to risky investments, has abandoned his defence on the second day of trial.

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Fair trial may not be possible for adviser targeted by ASIC in IOOF unit case, court told
Financial Services 2021-03-01 9:57 pm By Christine Caulfield

A financial adviser at the centre of ASIC’s bad advice case against an IOOF unit might mount an argument that a fair trial is not possible because of his “fulsome” answers to investigators during a compulsory examination.

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ASIC proves prescient with failure of mediation on eve of IOOF trial
Financial Services 2021-02-26 9:52 pm By Christine Caulfield

ASIC’s warning about the futility of mediation with an IOOF subsidiary has proved prophetic, with talks last week failing to resolve the regulator’s case ahead of trial starting Monday.

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Remains of accused con artist Melissa Caddick found on NSW South Coast
Financial Services 2021-02-26 9:38 am By Christine Caulfield

Police have identified human remains found on a beach on the NSW South Coast as Sydney businesswoman Melissa Caddick, who has not been seen since November.

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Melbourne Storm takes ex-CEO Dave Donaghy to court over Broncos defection
Employment 2021-02-25 4:09 pm By Christine Caulfield

National rugby league team Melbourne Storm has brought legal action against former CEO Dave Donaghy seeking an injunction banning him from taking on the top post at the Brisbane Broncos until August.

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