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Construction PRO
Damages issue sent back to referee in ‘mega-litigation’ over Ichthys LNG coating
Construction 2025-06-25 11:50 pm By Sam Matthews

In “mega-litigation” over allegedly defective anti-corrosive coating used on the $45 billion Ichthys natural gas project, a judge has handballed an issue raised by Japanese oil company Inpex about damages calculations back to a referee.

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HBSC denies ASIC claims it failed to protect customers from scams
Financial Services 2025-06-20 11:21 pm By Sam Matthews

HSBC has hit back at ASIC’s claims that it failed to protect customers from scams, denying it breached its legislative duties despite admitting some of the regulator’s allegations concerning its compliance with the ePayments code, a voluntary code of conduct.

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Clayton Utz bolsters risk advisory team with hires from CBA, A&O Shearman
Business of Law 2025-06-20 11:42 pm By Julia Kanapathippillai

Clayton Utz has boosted the expertise in its risk advisory practice, hiring a trio of lawyers from CBA and A&O Shearman.

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Cantarella loses bid to have honest concurrent user ‘conundrum’ resolved by High Court
Intellectual Property 2025-06-16 11:18 pm By Cat Fredenburgh

The High Court has declined coffee maker Cantarella’s special leave application arguing the Full Court should have found it was an honest concurrent user of the ‘Oro’ trade mark, which was first used by another coffee maker.

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HSBC manager found bank had ‘no understanding’ of liability under ePayments Code, court told
Financial Services 2025-06-04 11:03 pm By Sam Matthews

ASIC has expanded its case alleging HSBC failed to protect customers from scams, revealing a compliance manager at the bank had found that teams tasked with monitoring unauthorised transactions “had no understanding” of the liability provisions in the ePayments Code.

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Construction PRO
Brazilian nickel mine shareholders win appeal in $78M sale dispute
Energy & Natural Resources 2025-05-30 11:32 pm By Andy Sidler

Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts’ late signature. 

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Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
Class Actions 2025-05-27 11:25 pm By Andy Sidler

On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.

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Judge tosses financial advice class action against ex-CBA unit
Class Actions 2025-05-27 11:49 pm By Cindy Cameronne

A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict. 

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ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct
Financial Services 2025-05-26 11:17 pm By Andy Sidler

ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as “shocking” and “truly scandalous”.

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Judge scolds HSBC for missing deadline to file defence in ASIC scam case
Financial Services 2025-05-26 11:37 pm By Julia Kanapathippillai

A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop’s case alleging the bank failed to protect customers from scams. 

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