Melbourne-based hard assets investment manager Merricks Capital has won undertakings from its ex-managing director and two former employees who defected to an investment boutique run by financial commentator Peter Switzer and his son Marty.
Qantas’ termination of a long-serving engineer who refused to get vaccinated against COVID-19 because he “feared for his life” was a “tragedy” but not unlawful, the Fair Work Commission has found.
A judge has pulled up a law firm over a tweet it published about defamation proceedings brought by investor Tolga Kumova, telling a barrister during the trial Thursday to counsel his instructing solicitors about the “highly unsatisfactory” social media post.
The law firm that lost the first ever application for a group costs order in class actions against ANZ and Westpac has indicated it will revive its bid, tweaking a retainer agreement with group members in hopes of winning the court’s approval this time.
A class action investigation is underway against Cosmos Clinics Australia after an investigative report by Fairfax uncovered what it said was a “litany of troubling practices” at its clinics around Australia.
Macquarie Bank has denied liability for a financial adviser’s theft of $2.9 million in customer funds, which the Australian Securities and Investments Commission alleged was caused by the bank’s failure to monitor third-party withdrawals.
Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.
Toyota has lost a bid to trade mark the shape of its ‘spindle grille’, which features on models in its Lexus division, despite a finding it was used and heavily promoted in Australia for years.
Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.
A judge who will oversee an upcoming hearing for approval of a $20 million settlement in a class action against Optus contractor BSA has urged the parties to sever the funder’s commission and costs from the settlement to avoid delays in distribution to group members.