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Ex-Sydney Symphony CEO denies sending ‘hit job’ media release
Employment 2022-06-20 10:56 pm By Cat Fredenburgh

Former Sydney Symphony CEO Emma Dunch has struck back at the orchestra’s argument that she can’t claim she was terminated for investigating claims of sexual harassment after telling the media she was the victim of a politically motivated “hit job” for seeking funding from the NSW government.

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High Court won’t hear argument for $100M judgment against Adani over Abbot Point fees
Energy & Natural Resources 2022-06-20 4:22 pm By Cat Fredenburgh

The High Court has declined to review an appeals court decision that overturned a $106 million judgment against a unit of Indian conglomerate Adani Group over access charges for its Abbot Point coal terminal.

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Squirrel Super must pay $55,000 for brochure that inflated real estate returns
Financial Services 2022-06-20 3:03 pm By Christine Caulfield

Despite previously remarking that the penalty was “a bit light on”, a judge has ordered Squirrel Superannuation to pay $55,000 for false and misleading marketing linked to property investment for investors with self-managed superannuation funds.

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7-Eleven class action funder wins first-ever interim payment from settlement
Class Actions 2022-06-17 4:24 pm By Cindy Cameronne

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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Salter Bros scores win in suit against former Hendry Group CEO
Corporate 2022-06-17 3:32 pm By Sam Matthews

Salter Brothers has won its lawsuit against former Hendry Group CEO Emma Hendry alleging the firm was misled into investing millions of dollars into the investment firm in 2019.

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‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
Construction 2022-06-17 4:51 pm By Cindy Cameronne

Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.

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Full Court finds class actions are not managed investment schemes
Class Actions 2022-06-16 10:43 am By Cindy Cameronne

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.

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Knives come out in Nuix class action beauty parade
Class Actions 2022-06-16 10:21 pm By Sam Matthews

A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism for their “cumbrous” consolidation proposal and a third firm copping flak for its “opaque” financials.

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ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
Competition & Consumer Protection 2022-06-16 5:37 pm By Cat Fredenburgh

The ACCC has raised concerns that Canada-based Dye & Durham’s proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.

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Judge hits pause on ATO’s bid to sink Jan Cameron tax suit
Tax 2022-06-16 3:50 pm By Cat Fredenburgh

A judge has hit pause on the ATO’s application for summary judgment in proceedings launched by ex-Bellamy’s Australia director Jan Cameron seeking declarations that a Carribean-based trust does not owe capital gains tax for selling shares in the baby food maker.

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