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Law firm must pay $13M for negligence that led to client’s botched Woolworths deal
Professional Negligence 2021-10-29 9:53 pm By Cindy Cameronne

A national law firm has been found liable to pay $13 million in damages for giving negligent advice to a former client that led to […]

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Ian Macdonald, Obeids sentenced to jail time for bid-rigging conspiracy
White Collar 2021-10-21 6:13 pm By Miklos Bolza

Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go […]

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Westpac cops $10M fine in personal advice case, but doesn’t say sorry
Financial Services 2021-08-23 4:16 pm By Cindy Cameronne

Two Westpac units have been hit with $10.5 million in fines for providing personal financial advice during a superannuation rollover campaign, with a barrister for […]

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Prosecutors lose bid to revoke bail for Obeids, Macdonald ahead of sentencing
Energy & Natural Resources 2021-07-22 1:52 pm By Miklos Bolza

Former NSW Labor Ministers Ian Macdonald and Eddie Obeid as well as Obeid’s son, Moses, will remain out of jail for now after a NSW […]

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Former NSW ministers Eddie Obeid, Ian Macdonald found guilty of conspiracy
Breaking News 2021-07-19 2:18 pm By Cindy Cameronne

A judge has found former NSW Labor Ministers Ian Macdonald and Eddie Obeid, as well as Obeid’s son Moses, guilty of conspiring to rig a […]

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High Court rejects Westpac’s ‘gloss’ on financial product advice statute
High Court 2021-02-03 10:51 am By Christine Caulfield

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 […]

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High Court takes up Westpac fight against ASIC personal advice case
Appeals 2020-04-27 4:54 pm By Miklos Bolza

The High Court has agreed to hear a challenge by Westpac to a ruling in favour of ASIC that found the bank violated its duty […]

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Fair trial not possible in virtual courtroom, says judge overseeing Obeid, Macdonald case
White Collar 2020-04-08 10:49 pm By Christine Caulfield

A fair trial cannot be conducted in a virtual courtroom, the judge overseeing the criminal case against former NSW Labor ministers Eddie Obeid and Ian […]

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ASIC wins appeal in Westpac ‘personal advice’ case
Appeals 2019-10-28 2:06 pm By Cat Fredenburgh

The Full Federal Court has handed the Australian Securities and Investments Commission a win in a high-stakes appeal over what constitutes personal advice under financial […]

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