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IOOF chair told APRA conflicts of interest were ‘a bit of a non-event’
Financial Services 2019-04-30 5:42 pm By Christine Caulfield

The former chairman of troubled IOOF told APRA during a review meeting that he “struggled” to think the wealth manager had any conflicts of interest and that the issue was getting too much “airplay”, according to court documents filed recently by the prudential regulator.

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Vocus faces shareholder class action over profit downgrade
Class Actions 2019-04-30 12:11 pm By Christine Caulfield

Vocus Group has been hit with a shareholder class action alleging the telecommunications company made misleading statements ahead of a profit downgrade in 2017 that sent the price of shares tumbling.

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Judge won’t kill claim that court can wind up foreign company with no Aussie biz
Restructuring & Insolvency 2019-04-29 9:14 pm By Christine Caulfield

A judge has refused to summarily dismiss a claim that the Federal Court has inherent power to order the winding up of a foreign company even if the company has no business in Australia and is not subject to the Corporations Act.

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Appeals court tosses fight over laser safety system patent
Intellectual Property 2019-04-29 6:46 pm By Christine Caulfield

The Full Federal Court has dismissed appeals by both parties to a ruling that dismissed allegations of infringement of a patent for an industrial machine safety system that uses laser fields to detect hazards.

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Fairfax wants to name ‘Witness X’ in Geoffrey Rush defamation trial
Defamation 2019-04-29 3:44 pm By Christine Caulfield

Fairfax Media has asked a court to lift a suppression order on the name of a proposed witness the Daily Telegraph had sought to call in Geoffrey Rush’s defamation trial, which the actor won earlier this month.

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Flight Centre faces court action by workers for alleged systemic underpayment
Employment 2019-04-26 11:51 pm By Christine Caulfield

Flight Centre has been hit with legal action on behalf of employees accusing the travel giant of short-changing its workers through commission-based payments.

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King & Wood Mallesons lands two dispute resolution hotshots
People In The News 2019-04-26 11:42 pm By Christine Caulfield

International law firm King & Wood Mallesons has nabbed two leading litigators to bolster the ranks of its dispute resolution practice, the firm said Friday.

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Wilson Security can roster overtime to dodge Sunday penalty rates, appeals court confirms
Employment 2019-04-26 10:32 pm By Christine Caulfield

Security guard union United Voice has lost a challenge to a ruling that found Wilson Security could legally allocate overtime to Sundays over a four-week roster to avoid paying penalty rates.

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Red Bull wins cancellation of Bullsone’s trade mark after auto parts company a no-show
Intellectual Property 2019-04-26 1:17 pm By Christine Caulfield

Energy drink giant Red Bull has won judgment against South Korea’s Bullsone in a battle over the auto parts company’s Australian trade mark for a leaping red and black bull. 

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Qantas can’t appeal sacked worker’s late unfair dismissal case
Employment 2019-04-24 11:32 pm By Christine Caulfield

Qantas has failed in its bid to appeal a decision by the Fair Work Commission to allow a terminated employee’s late unfair dismissal application to proceed because the worker’s solicitor was to blame for the delay.

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