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PwC to face misleading conduct claim over advice to Chinese lender
Financial Services 2021-08-17 11:46 pm By Cat Fredenburgh

A judge has found PwC should face a claim that it engaged in misleading and deceptive conduct while assisting Chinese lender Aoyin with its planned launch in Australia by failing to properly advise the company there was a risk its shareholders did not comply with APRA’s ‘fit and proper’ requirement.

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Finish Powerball maker sues detergent rival for ‘deceptively similar’ packaging
Intellectual Property 2021-08-17 4:00 pm By Bianca Hrovat

The maker of Finish dishwashing products is seeking an urgent injunction to clear a competitor’s products from supermarket shelves, alleging trademark infringement over “deceptively similar” packaging depicting dishwasher gel caps.

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Ashurst beefs up financial regulation team with consumer credit ace from HWL Ebsworth
Financial Services 2021-08-16 7:01 pm By Bianca Hrovat

Ashurst is expanding its financial regulation practice with the appointment of consumer credit expert Hong-Viet Nguyen from HWL Ebsworth Lawyers.

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YouTuber Jordan Shanks has defence scuttled in NSW Deputy Premier’s defamation case
Defamation 2021-08-13 4:13 pm By Miklos Bolza

YouTuber Jordan Shanks has been sent back to the drawing board with his defence in a defamation case brought by NSW Deputy Premier Jon Barilaro after the Federal Court found parliamentary privilege protected the politician in the face of a truth defence to some allegations.

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Ex-Maurice Blackburn lawyer not trying to dodge Qantas trial with hospital stay, judge says
Employment 2021-08-12 5:53 pm By Cindy Cameronne

A former Maurice Blackburn lawyer set to give evidence in a suit against Qantas was not “deliberately avoiding” the trial with an extended hospital stay, but “better evidence” was needed for why he was admitted, a judge has said.

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Forum directors funnelled millions to buy luxury cars, jewellery and racehorses, court told
Financial Services 2021-08-11 7:11 pm By Miklos Bolza

Westpac has released further details of its fraud claim against Bill Papas, founder of the Forum Group of Companies, painting a picture of an elaborate scheme to misappropriate $254 million to buy real estate, jewellery, luxury cars, racehorses and European football teams.

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Baker McKenzie negligent in advising on Chinese lender’s failed Aussie launch, court hears
Professional Negligence 2021-08-11 3:57 pm By Cindy Cameronne

Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.

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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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TerraCom files court action to keep PwC report from ASIC investigators
Energy & Natural Resources 2021-08-09 2:08 pm By Christine Caulfield

Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to “serious allegations” by a former employee over the falsification of coal quality results.

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Businesses urged to check employment contracts after landmark High Court ruling
Employment 2021-08-04 5:33 pm By Miklos Bolza

Australian businesses have been urged to double check that their casual work contracts reflect a “true casual engagement” and ensure workers are properly classified following a landmark High Court ruling on casual worker classification.

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