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Macarthur-Onslow family feud over ‘undervalued’ Lendlease land shut down by court
Real Estate 2021-08-03 4:56 pm By Miklos Bolza

A court has shut down the latest legal spat between the children of one of Australia’s richest families, finding a lawsuit over a $200 million real estate transaction was not brought in good faith and that running the case was not in the best interests of the company involved in the deal.

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PwC says ATO should stick to plan at upcoming privilege hearing
Tax 2021-08-03 2:10 pm By Miklos Bolza

PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.

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Rex hires Clayton Utz as it weighs legal options against Qantas
Competition & Consumer Protection 2021-08-03 12:58 pm By Christine Caulfield

Regional Express has engaged Big Six firm Clayton Utz to investigate potential court action against rival airline Qantas for alleged anticompetitive conduct.

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Funder seeks to recoup $14.8M debt in lawsuit against Sydney developer
Real Estate 2021-08-02 6:18 pm By Miklos Bolza

A litigation funder is suing a Sydney property developer over a $14.8 million debt stemming from a cause of action it acquired from the liquidators of the collapsed project manager behind the firm’s real estate projects.

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‘Overworked’ reporter hit with $18,000 pay cut sues the ABC
Employment 2021-08-02 1:38 pm By Miklos Bolza

An ABC feature reporter who was hit with an $18,000 pay cut and who allegedly developed a medical condition from being “overworked” is suing the national broadcaster for discrimination and breaches of employment law.

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Prospect of longer COVID-19 lockdown stalls Ben Roberts-Smith trial
Defamation 2021-08-02 12:10 pm By Cat Fredenburgh

Trial in war veteran Ben Roberts-Smith’s defamation case over articles accusing him of war crimes has been adjourned until November in light of the current COVID-19 lockdown in Sydney, which a judge noted could be extended beyond the month of August.

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ASIC wins bad advice case against IOOF unit RI Advice
Financial Services 2021-08-02 10:30 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to ensure its advisers acted in the best interests of clients and did not give inappropriate advice.

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‘He just hasn’t tried very hard’: Westpac slams Forum founder Bill Papas’ evidence of assets
Financial Services 2021-07-30 4:49 pm By Miklos Bolza

Westpac has told the Federal Court it has “grave concerns” about Forum Group founder Bill Papas’ evidence of his assets, contained in affidavits lodged on Thursday after weeks of non-compliance with a judge’s orders.

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ASIC takes AMP to court for charging super members fees for no service
Financial Services 2021-07-30 12:42 pm By Bianca Hrovat

The Australian Securities and Investments Commission has hit financial services provider AMP with court action over fees-for-no-service conduct that allegedly led to upwards of $600,000 being unlawfully withdrawn from superannuation member accounts.

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Qantas loses TWU’s challenge to ground staff outsourcing move
Employment 2021-07-30 12:04 pm By Cindy Cameronne

Qantas has lost a case brought by the Transport Workers Union that challenged the airline’s decision to axe 2,000 staff and replace them with “insecure” labour hire workers, with a judge finding Qantas boss Andrew David outsourced ground operations partly to prevent employees engaging in industrial action.

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