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AMP to face penalty in ASIC’s fees-for-no-service case
Financial Services 2022-03-10 3:59 pm By Sam Matthews

AMP has admitted to contraventions and will face a penalty in ASIC proceedings over fees-for-no-service conduct that allegedly led to upwards of $600,000 being unlawfully withdrawn from superannuation member accounts.

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Another Canberra developer hit with class action over GST payments
Class Actions 2022-03-10 2:42 pm By Miklos Bolza

The Canberra developer behind the Manhattan on the Park apartment building in the national capital has been hit with a class action on behalf of home buyers who were allegedly misled into paying GST on the price of their property.

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Clive Palmer cops indemnity costs for ‘absurd’ aircraft lawsuit
Energy & Natural Resources 2022-03-10 3:42 pm By Bianca Hrovat

Billionaire Clive Palmer has been hit with indemnity costs over a discontinued lawsuit brought against aircraft mechanics over the repair of his $2 million private jet.

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High Court finds Sandoz infringed Lundbeck’s Lexapro patent
High Court 2022-03-09 4:40 pm By Miklos Bolza

The High Court has found that Novartis unit Sandoz infringed Danish drug company Lundbeck’s patent for its blockbuster antidepressant Lexapro, but has overturned a ruling that found the generic drug maker owes $26.3 million in damages.

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Optus, Foxtel contractor settles ‘sham’ contracting class action
Class Actions 2022-03-09 10:43 am By Christine Caulfield

Teleco contractor BSA has reached an in-principle settlement resolving a class action that accuses the company of misclassifying its workforce of technicians as independent contractors.

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ABC’s Four Corners targeted in deceit case by former industrial judge
Public Corruption 2022-03-09 5:51 pm By Miklos Bolza

A former Fair Work Commission vice president has sued the ABC for allegedly tricking him into participating in a Four Corners interview about his relationship with controversial union figure Kathy Jackson, who was found to have misused $1.4 million in union funds.

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WA premier thanked media mogul for front page depicting Clive Palmer as a cockroach, court told
Defamation 2022-03-09 9:13 pm By Sam Matthews

WA premier Mark McGowan’s text messages between Kerry Stokes and the WA Attorney General have been revealed at the trial in Clive Palmer’s defamation case, including an exchange in which the state’s leader thanks the media baron for the “marvellous front pages”.

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High Court says ‘direct and far-reaching ramifications’ of contract gives outsider right to relief
High Court 2022-03-09 9:42 pm By Bianca Hrovat

The High Court has ruled that the “direct and far-reaching ramifications” of a contract between the federal government and Tasmania’s two major airports justifies an order for declaratory relief sought by local councils about the obligation of the airports’ operators to pay rates.

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Palmer salvages defence in spat with CITIC over $5.8B Sino Iron project
Energy & Natural Resources 2022-03-09 1:33 pm By Miklos Bolza

An appeal by billionaire Clive Palmer and his mining company Mineralogy has succeeded in reinstating parts of their defence attacking the state of mind of Hong Kong-based conglomerate CITIC in allegedly applying commercial pressure over the $5.8 billion Sino Iron project in Western Australia.

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‘I don’t accept it’: Judge questions costs, confidentiality in Romeo’s class action settlement
Class Actions 2022-03-08 10:14 pm By Christine Caulfield

A judge has come down hard on a settlement in class actions against supermarket chain Romeo’s, saying group members had been kept in the dark and the costs to be paid to the plaintiffs’ firm did not add up.

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