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iSignthis, former boss breached obligations over ASX disclosures, court finds
Fintech 2024-06-21 11:34 pm By Christine Caulfield

A court has found iSignthis and its former CEO Nickolas John Karantzis breached the Corporations Act in disclosures to the stock market about one-off revenue and the termination of the fintech’s business arrangement with Visa.

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Transurban denies West Gate Tunnel project’s top lawyer made protected complaints
Employment 2024-06-21 11:39 pm By Cat Fredenburgh

Toll road operator Transurban denies that the former head of legal for its West Gate Tunnel project exercised a workplace right when she complained that there was a “culture of fear and intimidation” on the project’s commercial team and that the team was  suffering from “chaos and dysfunction”.

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Contingency fee order in Arrium class action would remain in force in NSW, AG tells High Court
Class Actions 2024-06-20 11:55 pm By Sam Matthews

The NSW Supreme Court would have the power to deal with a contingency fee order made in a class action against KPMG if the accounting firm won its application to move the case from Victoria, making the existence of the order a neutral factor in the transfer bid, the federal Attorney-General has told the High Court.  

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Mired in interlocutory skirmishes, protracted BHP class action just got more entangled
Class Actions 2024-06-20 11:48 pm By Christine Caulfield

BHP wants to appeal a decision giving a class action the OK to fix what a judge accepted was an “inadvertent mistake” that resulted in a ruling — itself the subject of an appeal — which limited the group member definition.

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Nine faces SafeWork NSW inquiries amid allegations of inappropriate behavior
Media 2024-06-20 11:38 pm By Cindy Cameronne

NSW’s workplace health and safety regulator is conducting inquiries into Nine Entertainment amid allegations of inappropriate behaviour by its former news director, as several women in the TV industry mull sexual harassment and discrimination claims.

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Justin Hemmes’ ‘Establishment’ trade mark should be canceled, court told
Intellectual Property 2024-06-20 11:33 pm By Sam Matthews

Brisbane restaurant Establishment 203 has hit back at a trade mark suit brought by Sydney hospitality mogul Justin Hemmes, telling a court that his ‘Establishment’ trade mark should be canceled.

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ACCC raises concerns about Olam’s bid for Namoi Cotton
Competition & Consumer Protection 2024-06-20 11:22 pm By Andy Sidler

The ACCC has raised concerns that Singaporean agricultural giant Olam Agri Holding’s bid to acquire ASX-traded cotton ginner Namoi Cotton could reduce competition and stick cotton farmers with higher prices, one month after flagging similar concerns with Louis Dreyfus’ competing takeover proposal. 

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Car dealership Eagers backpays $16M to short-changed staff
Employment 2024-06-20 2:23 pm By Cindy Cameronne

Australia’s largest car dealership Eagers Automotive has backpaid 13,000 staff more than $16 million after the Fair Work Ombudsman found that five of its subsidiaries underpaid employees. 

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In high-stakes breach case, OAIC says Medibank failed to implement ‘basic’ security controls
Privacy & Cybersecurity 2024-06-19 11:34 pm By Cindy Cameronne

Medibank failed to put in place baseline security measures, including multi-factor authentication, to safeguard sensitive information from a hacker in 2022, who stole an IT contractor’s credentials and logged in to the health insurer’s private network three months before the company learned its data was compromised, the OAIC says.

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Bruce Lehrmann knew Higgins did not consent, Lisa Wilkinson tells appeals court
Appeals 2024-06-19 11:34 pm By Christine Caulfield

Journalist Lisa Wilkinson has filed a notice of contention in Bruce Lehrmann’s appeal of a judgment that found he raped colleague Brittany Higgins in Parliament House, claiming Lehrmann wasn’t just indifferent to his victim’s state of mind but knew she did not consent.

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