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CBA’s head of governance sues bank for threatening to ax her over complaints
Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.
Judge won’t allow Ampol on site to rebrand Caltex stores
Service station giant Ampol has lost its bid to force petrol station chain EG Fuel Co to allow it access to 87 Caltex sites so they can be rebranded to Ampol stations, with a judge finding it would cause EG “obvious disruption”.
PwC can’t shut down class action against over $50M bond prospectus
PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.
Crown class action over Chinese arrests can’t block SkyCity share price evidence
SkyCity's announcement to shareholders about an employee's interrogation by Chinese gambling authorities made little difference to the NZ casino operator's share price, Crown Resorts has told a court in expert evidence ahead of a looming class action trial.
Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can't agree to "sensible" time limits to ready the case for hearing, noting he would reach retirement age in 2024.
Jailed former mayor a ‘reluctant gladiator’ in defamation case against Seven, judge says
A judge has dismissed jailed property developer Salim Mehajer’s defamation lawsuit against broadcaster Seven, saying delays in fixing significant defects in his case amounted to an abuse of process.
Brambles class action ‘sidesteps’ challenge to landmark class closure ruling, judge says
A judge has said the applicant in a class action against Brambles has “side-stepped” a challenge to a landmark class closure ruling that found there was no statutory power to shut out unregistered class action members, a decision that he said had “bedevilled” the courts.
a2 Milk loses challenge to Nestle’s Nan A2 trade mark for baby formula
New-Zealand dairy company a2 Milk has lost its opposition to registration by food and beverage giant Nestle of its NAN A2 trade mark for infant formula, with a delegate of the Trade Marks Office finding the mark was not substantially identical to a2’s logo.
Junior doctors launch third class action in Victoria alleging unpaid overtime
Melbourne hospital operator Western Health has been hit with a class action on behalf of junior doctors across six hospitals in Victoria who allege they were denied pay for overtime hours, the third underpayments class action filed by doctors in the state.
Gilbert + Tobin guides Afterpay on ‘transformational’ $39B Square deal
Australian law firm Gilbert + Tobin has advised fintech Afterpay on the largest public acquisition in Australian history under which US-based Square will acquire all of the company’s issued shares in a landmark $39 billion deal.