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Macquarie appeals $330,000 penalty for ‘defective and deficient’ adviser pay system
Macquarie Bank is challenging a ruling that it pay $330,000 in pecuniary penalties after it was found to have underpaid a group of former financial advisers because of a "defective and deficient" payment system.
Soul Pattinson seeks to appeal $1.1M ruling for former finance director
Investment house Washington H. Soul Pattinson is fighting a ruling that it owes its former finance director over $1.1 million in damages after the ASX 100-listed firm terminated the executive without notice and failed to pay out entitlements.
Judges need to recognise ‘human side’ of lawyers, NSW chief judge says
Going to court shouldn't be a "Darwinian experience" for lawyers, where only those with thick skin or no children survive, NSW's most senior judge has said.
‘Ancient allegations’: Judge rejects bid for new pleading in client’s 1993 case against solicitor
A judge has refused a bid to file a new pleading in a $1.3 million "squabble" with an "unfortunate history" between a client and his former solicitors, one of whom is now dead, dating back to 1993.
Griffith Hack partners peel off to start new IP firm
Three former Griffith Hack partners have joined forces to launch their own IP firm, which they claim offers a "new and more holistic approach" to intellectual property.
Ultra Tune founder wins injunction banning ex-girlfriend from releasing secret recordings
The wealthy founder of auto repair franchisor Ultra Tune has secured a temporary injunction against his ex-girlfriend and a former employee prohibiting them from distributing secret recordings after excerpts from one damaging audio file were published by Fairfax.
High Court rejects Westpac’s ‘gloss’ on financial product advice statute
The High Court has dismissed an appeal by Westpac challenging a ruling that found the bank breached its duties to customers by providing personal financial advice as part of a telephone campaign encouraging customers to roll over external superannuation accounts.
Fifth PFAS contamination class action launched against federal government
The Morrison government faces a fifth class action alleging the use of toxic firefighting foam at a Defence Force base on the South Coast of New South Wales contaminated Indigenous land.
On judge’s urging, JBS drops PwC solicitor in privilege fight with tax office
Meat processor JBS Australia has appointed new legal representation in a battle with the Australian Taxation Office over the scope of privilege attached to thousands of documents produced by its tax adviser, PricewaterhouseCoopers, after a judge raised concerns about potential conflicts of interest in PwC's representation of its client.
ATO secures $138M settlement with Isreal Discount Bank in Binetter family tax fraud case
The Australian Taxation Office has reached a $138 million settlement in proceedings against Israel Discount Bank, the last remaining defendant in a long-running case over an alleged international tax evasion scheme involving the Binetter family, founders of Nudie Juice.