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SkyCity hit with $67M penalty in AUSTRAC case
A judge has ordered SkyCity to pay a $67 million penalty in AUSTRAC’s case alleging it allowed $4 billion in suspicious transactions, finding it was an "appropriate" sum, even when compared with the $450 million fine handed to Crown last July.
Net-a-Porter loses challenge to The Iconic’s ‘Considered’ trade mark
The Iconic has defeated a challenge to the online fashion retailer's application to trade mark ‘Considered’ for sustainable or ethically sourced products, with IP Australia rejecting Net-a-Porter's argument that the label has not been used in the sense required under the Trade Marks Act.
Founders of streetwear retailer City Beach win $52M fight with ATO
The founders of streetwear retailer City Beach have won a fight with the ATO over the taxation of a $52 million disposal of pre-capital gains tax assets.
SkyCity Adelaide to get High Court hearing in tax fight with SA treasurer
The High Court has agreed to take up a dispute between SkyCity Adelaide and South Australia's treasurer over the tax treatment of reward points that gamblers convert to gaming chips.
Class action against BHP can amend shareholder group after ‘inadvertent mistake’
The judge overseeing a six-year-old class action against BHP over the collapse of a Brazilian dam has allowed the applicant to retroactively amend the group definition, accepting that a pleading mistake was contrary to the intended class membership in the case.
Ex-EY partner claims right to silence in ATO case over alleged tax exploitation schemes
A former Ernst & Young partner has claimed privilege against exposure to penalty and is seeking orders to avoid filing a defence in proceedings by the Australian Taxation Office alleging he promoted tax exploitation schemes.
‘No more indulgence’: Firm that took over class actions can’t redo beauty parade bid
A judge will not allow a law firm that stepped in to lead class actions against Hyundai and Kia to amend its funding proposal to seek a group costs order ahead of a carriage fight, even though its proposal would have led to greater returns for group members.
End of the road for Hells Angels in fight for damages against Redbubble
The High Court has declined to step in after Hells Angels' award of $78,000 in damages for online marketplace Redbubble's infringement of its trade marks was slashed to just $100, bringing to an end an IP fight that has stretched on for nearly a decade.
High Court won’t take up Clive Palmer’s challenge to criminal charges
The High Court will not hear mining magnate Clive Palmer's challenge to a court's finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and alleged payments to his political party were an abuse of process and should be stayed.
Mawhinney escapes $3.5M bankruptcy action by Mayfair Wealth promoter
Mayfair 101’s James Mawhinney has defeated bankruptcy action by the owner of marketing firm 360 Degree Media, who claimed the founder of the beleaguered wealth management business owed him $3.5 million.