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ASIC accuses Mayfair’s James Mawhinney of breaching 20-year ban
Financial Services 2021-11-16 8:38 am By Christine Caulfield

The Australian Securities and Investments Commission has asked a court to hold Mayfair 101 director James Mawhinney in contempt, saying he has breached a 20-year ban on raising funds.

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Drug ingredient maker Alkaloids of Australia pleads guilty to cartel charges
Competition & Consumer Protection 2021-11-16 12:02 pm By Christine Caulfield

Pharmaceutical ingredient producer Alkaloids of Australia has pleaded guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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Man sues Seven for wrongly naming him Cleo Smith abduction suspect
Defamation 2021-11-16 9:01 pm By Christine Caulfield

A Nyamal man mistakenly identified by the Seven Network as the suspect in the abduction of four-year-old Cleo Smith in Western Australia is suing the broadcaster for defamation.

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Liberal powerbroker levels ‘very serious allegations’ at Nine’s legal team
Defamation 2021-11-16 6:04 pm By Bianca Hrovat

Former Liberal power broker Marcus Bastiaan has told a court he will seek an injunction to prevent investigative journalist Nick McKenzie from “door-knocking and harassing” witnesses in a defamation lawsuit over an explosive 60 Minutes report.

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Detergent buyers don’t confuse Finish, Somat brands, trade mark trial hears
Intellectual Property 2021-11-16 6:14 pm By Bianca Hrovat

The maker of Somat dishwashing products has hit back at allegations of trade mark infringement, telling a court the prominent brand name on its range of dishwashing tablets functions as an “unmistakable” point of difference between the company and market leader Finish.

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Westpac back pays employees $6M in unpaid long-service leave
Employment 2021-11-16 11:35 am By Christine Caulfield

Westpac has agreed to pay thousands of employees across Australia a total of $6 million in unpaid long-service leave entitlements as part of a court-enforceable undertaking to the Fair Work Ombudsman.

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Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
Financial Services 2021-11-15 1:59 pm By Bianca Hrovat

A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.

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Emirates Group can’t recoup $10.5M paid to Australian staff through JobKeeper
Tax 2021-11-15 4:54 pm By Miklos Bolza

Eight companies in the Dubai-based Emirates Group have lost a court bid to recoup more than $10.5 million paid to Australian staff during the COVID-19 pandemic on the mistaken belief that the money would be repaid as part of the federal government’s JobKeeper subsidy scheme.

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Judge appoints sample group members in $500M Uber class action
Class Actions 2021-11-15 10:43 am By Miklos Bolza

A judge has appointed seven sample group members in a class action by taxi and hire car drivers against Uber, saying they would provide additional information about the regulatory environment in different states and bring focus to the trial.

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Cotton On takes rival to court over ‘unjustifiable’ litigation threats
Intellectual Property 2021-11-15 12:45 pm By Miklos Bolza

Australian clothing retailer Cotton On has taken rival surf and streetwear brand Ghanda to court over “unjustifiable” and “groundless” accusations of copyright and trade mark infringement.

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