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Norton Rose wins appeal against sacked partner, but faulted for ‘serious error in judgment’
Employment 2021-11-26 7:14 pm By Bianca Hrovat

Law firm Norton Rose Fulbright has won its appeal of a $160,000 judgment in favour of former partner Thomas Martin, with the Full Federal Court finding Martin’s allegations of deceit arose from “an excess of suspicion” and “causal connections of the most tenuous kind”.

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Court blocks short seller from releasing Vulcan Energy report
Energy & Natural Resources 2021-11-09 4:42 pm By Cat Fredenburgh

Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for one week.

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Norton Rose Fulbright denies ‘evil intent’ as it fights to overturn ex-partner’s win
Employment 2021-08-27 6:10 pm By Miklos Bolza

Law firm Norton Rose Fulbright has rejected findings of dishonesty, deceit and abuse of process in seeking to overturn a $160,000 judgment against it, saying it had no “evil intent” in litigating a long-running dispute with former partner Thomas Martin.

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Norton Rose must face damages with ‘substantial sting’, ex-partner says
Employment 2021-08-26 7:24 pm By Miklos Bolza

A former Norton Rose Fulbright partner locked in a six-year legal battle with the firm has urged the Full Court to allow a $160,000 damages award in his favour to be recalculated, saying it did not provide enough “sting”, amounting to just $1,500 per partner.

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Bank of Queensland’s small business contracts were unfair, court finds
Financial Services 2021-08-13 5:11 pm By Bianca Hrovat

Small business owners who turned to the Bank of Queensland for financial assistance were subject to unfair contract terms that created a “significant imbalance” in the rights of the bank and its customers, a court has held.

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AkzoNobel hit with new lawsuit over $45B Ichthys LNG project
Energy & Natural Resources 2021-07-12 6:01 pm By Cindy Cameronne

Japanese oil company Inpex has sued Dutch paint manufacturer AkzoNobel for allegedly making misleading statements about an epoxy coating it supplied for use in the Ichthys Liquefied Natural Gas project in Bladin Point, Darwin.

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Payday lender Cigno loses bid to overturn ASIC’s short-term credit lending ban
Appeals 2021-06-29 10:35 pm By Cindy Cameronne

Payday lender Cigno has lost its appeal of a ruling which upheld ASIC’s first product intervention order banning the use of short-term lending models with “excessive” fees.

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ASIC ban of RI Advice financial planner accused of double charging clients sticks
Financial Services 2021-06-16 1:35 pm By Cat Fredenburgh

A tribunal has rejected a bid for review of ASIC’s decision to permanently ban an RI Advice financial planner who was accused of double charging his clients.

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Findex’s High Court challenge in case against former financial advisor falls flat
Accounting 2021-04-08 4:02 pm By Christine Caulfield

Accounting firm Findex Australia has lost a bid for the High Court to hear its case over a restraint provision against a former financial advisor found to have been unenforcable.

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Findex can’t enforce ‘convoluted’ restraint clauses against advisor who poached clients, court says
Accounting 2020-10-30 10:23 pm By Miklos Bolza

Accounting firm Findex has lost an appeal of a court’s judgment tossing its case against a former financial advisor, despite the court finding he had poached the company’s clients and caused $742,000 in losses.

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