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AkzoNobel hit with new lawsuit over $45B Ichthys LNG project
Energy & Natural Resources 2021-07-12 6:01 pm By Cindy Cameronne

Japanese oil company Inpex has sued Dutch paint manufacturer AkzoNobel for allegedly making misleading statements about an epoxy coating it supplied for use in the Ichthys Liquefied Natural Gas project in Bladin Point, Darwin.

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Failed insurance brokerage can’t get cover from Chubb for director’s alleged theft
Insurance 2021-07-12 3:47 pm By Cindy Cameronne

A judge has denied defunct insurance broker All Class Insurance its bid for indemnity cover for the alleged theft of company funds by its director, finding the director misappropriated trust funds and fraudulently did not disclose the conduct to insurer Chubb Insurance.

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Banks can’t suppress judgment on defective indictment in ANZ cartel case
Competition & Consumer Protection 2021-07-12 1:05 pm By Christine Caulfield

Investment banks accused in the criminal cartel case over a $2.5 billion ANZ share placement will not lose their right to a fair trial with the release of a judgment finding the prosecutors’ indictment deficient, a judge has ruled.

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Fight brewing over competing pelvic mesh class actions against Boston Scientific
Class Actions 2021-07-09 9:57 pm By Christine Caulfield

Despite a judge’s urging for the parties to arrive at a “pragmatic solution”, the lawyers behind competing pelvic mesh class actions against Boston Scientific will duke it out for carriage of the proceedings.

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Christian Porter says no superior public interest in airing ABC’s defamation defence
Defamation 2021-07-09 7:15 pm By Cindy Cameronne

Media companies seeking access to the ABC’s unredacted defence in a now-settled defamation case brought by Christian Porter told a judge the principle of open justice required that the pleading be made public, while the former attorney-general argued there was no “superior” public interest in airing the document.

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Bar Association says tribunal should have made professional misconduct finding against barrister
Legal Ethics 2021-07-09 6:00 pm By Miklos Bolza

A barrister who allegedly pushed an assistant clerk’s head while making a sexual remark at a professional dinner should have been found to have engaged in professional misconduct, the Council of the NSW Bar Association has told an appeals court.

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Forum Finance placed in liquidation, with ‘peripatetic’ director still abroad
Financial Services 2021-07-09 3:15 pm By Miklos Bolza

The Federal Court has ordered the winding up of Forum Finance, which has been accused by Westpac and French investment bank Societe Generale of a $263 million fraud, as details of the company’s jetsetting director’s planned return to Australia from Europe remain murky.

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Barilaro plans ‘wholesale attack’ on Youtuber Jordan Shanks’ truth defence
Defamation 2021-07-09 2:47 pm By Cat Fredenburgh

NSW Deputy Premier John Barilaro will seek to strike out YouTube star Jordan Shanks’ defence to a defamation lawsuit which argues the imputation that the Nationals leader is a “corrupt conman” is substantially true.

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Dixon Advisory to pay $7.2M for violating best interests duty
Zoe Maud 2021-07-09 10:37 am By Cat Fredenburgh

Dixon Advisory has agreed to pay a $7.2 million penalty after admitting to ASIC’s allegations that it failed to act in its clients’ best interests on 53 occasions.

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Apple will take fight with Epic Games to the High Court
Competition & Consumer Protection 2021-07-09 9:53 am By Cat Fredenburgh

Apple plans to appeal the Full Federal Court’s decision that Epic Games’ misuse of market power lawsuit over it App Store terms should be heard in Australia because the case raises issues of “fundamental public interest”.

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