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Developer misled buyers of $9.58M South Yarra apartment with ‘artistic impression’
Real Estate 2022-03-22 4:17 pm By Cindy Cameronne

Property developer JD Group will have to pay damages to a Melbourne couple after a judge found the company’s artistic renderings of a $9.58 million South Yarra apartment were “deliberately misleading”.

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Ashurst lures Thomson Geer partner to launch superannuation practice
Business of Law 2022-03-22 5:25 pm By Cindy Cameronne

Global law firm Ashurst has snagged a Thomson Geer partner to launch a superannuation practice offering end-to-end legal and consulting solutions for financial services clients in the $3.3 trillion sector.

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Judge’s ‘blood boils’ over lack of cooperation in Domino’s class action
Class Actions 2022-03-21 2:07 pm By Cindy Cameronne

A judge has censured Domino’s Pizza and the lead applicant in an underpayments class action, saying their lack of cooperation made his “blood boil”.

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Whitsundays resort owes $430,000 to worker who was urinated on
Employment 2022-03-21 5:07 pm By Cindy Cameronne

The owner of a Whitsundays resort has been ordered to hand over $430,738 to an employee whose roommate in staff accommodation allegedly urinated on him after a night of drinking.

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Judge pans ‘inappropriate’ class action reforms, says courts have it covered
Class Actions 2022-03-18 5:36 pm By Cindy Cameronne

A Federal Court judge has criticised “inappropriate” class action reforms pushed by the government, saying the courts have done a “good job” of crafting solutions to deal with issues that arise in the class action regime.

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Shadow AG watched ‘in horror’ as class action reforms advanced
Policy and Regulation 2022-03-18 11:31 pm By Cindy Cameronne

Shadow attorney-general Mark Dreyfus said he watched “in horror” as a bill mandating that funded class actions be registered as managed investment schemes passed through Parliament in 2020 without consultation.

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Mayfair’s James Mawhinney wants reprieve from ASIC’s contempt case
Financial Services 2022-03-17 4:14 pm By Cindy Cameronne

Mayfair 101 director James Mawhinney has sought a temporary stay of ASIC’s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.

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AFCA lacked impartiality in decision against IronFX, court rules
Financial Services 2022-03-17 10:16 pm By Cindy Cameronne

Online trading platform IronFX has won its action against the Australian Financial Complaints Authority over a finding it wrongfully caused an 83 year-old French resident to lose his life savings.

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Salter Brothers misled client over $2.4M visa investment, lawsuit says
Corrs Chambers Westgarth 2022-03-16 5:05 pm By Cindy Cameronne

A former Salter Brothers client has filed a lawsuit against the fund manager, claiming it misled her about an investment fund marketed as part of a visa program to migrate to Australia.

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Hastie’s claim against Lendlease in $68M suit ‘untenable’, court hears
Restructuring & Insolvency 2022-03-16 10:36 pm By Cindy Cameronne

A bid by the liquidators of collapsed engineering company Hastie Group for Lendlease to pay back funds it withdrew under bank guarantees is “untenable” and “misconceived”, a court has heard in a $68 million case that also targets Multiplex, Grocon and John Holland.

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