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Legal advice in spotlight as ASIC claims financial services firm diverted funds to limit penalty
Financial Services 2023-05-09 11:28 pm By Gareth Baker

A court has appointed a referee to examine whether a law firm’s communications with Golden Financial furthered a plan by the financial advisory firm to […]

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Mecca’s distribution agreement with lux cosmetics brand not unlawful, court finds
Contracts 2023-04-11 11:35 pm By Sam Matthews

Beauty giant Mecca has succeeded in fending off a luxury cosmetics brand’s appeal of a decision that found a term of an exclusive distribution agreement […]

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Judge stays Victorian suit over alleged conspiracy to undermine HungryPanda’s EASI acquisition
Corporate 2023-03-20 2:57 pm By Sam Matthews

A judge has stayed an Australian lawsuit filed by food delivery service HungryPanda against competitor Fantuan over the acquisition delivery platform EASI until a related […]

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Cosmetics brand Mecca wins contract spat with Hourglass over COVID-19 closures
COVID-19 2021-12-02 4:23 pm By Miklos Bolza

Australian beauty and skincare retailer Mecca has triumphed in a lawsuit brought against US makeup brand Hourglass, which tried to terminate an exclusive distribution agreement […]

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CBA hit with $5M penalty for overcharging customers
Financial Services 2020-06-05 4:05 pm By Cat Fredenburgh

A judge has approved a $5 million penalty against the Commonwealth Bank of Australia for overcharging customers $8 million in fees and interest on its […]

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ASIC’s proposed $5M penalty against CBA ‘on the light side’, judge says
Financial Services 2020-06-04 12:33 pm By Miklos Bolza

A judge has questioned ASIC’s proposed $5 million penalty against the Commonwealth Bank of Australia, saying it was “on the light side” for the bank’s […]

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IOOF execs slam APRA for last-minute discovery as trial looms
Financial Services 2019-06-06 7:47 pm By Amelia Birnie

Former executives of wealth manager IOOF facing disqualification proceedings by the Australian Prudential Regulation Authority have criticised the prudential regulator for a late and extensive […]

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IOOF says APRA should be able to state its case after 3-year probe
Financial Services 2018-12-20 3:38 pm By Miklos Bolza

A barrister for two units of embattled wealth manager IOOF and three senior company executives facing claims by APRA have criticised the regulator for filing […]

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Cargill wins bid to call King & Wood Mallesons solicitor as a witness
Trials 2018-09-11 11:29 pm By Cat Fredenburgh

A judge has granted Cargill Australia’s request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial […]

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Viterra points finger at ex-employees in trial over $420M Joe White sale
Trials 2018-08-20 9:44 pm By Cat Fredenburgh

Viterra is blaming several former employees for representations made about malt quality in the lead-up to the $420 million sale of its Joe White business […]

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