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ASIC claims crypto firm Binance denied protections to derivatives investors
Cryptocurrency 2024-12-18 5:11 pm By Julia Kanapathippillai

Crypto firm Binance deprived hundreds of customers of consumer protections by misclassifying them as wholesale clients and allowing them to buy risky derivatives, ASIC says.

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Aldi infringed copyright of Little Bellies fruit snacks, court finds
Intellectual Property 2024-12-18 11:47 pm By Andy Sidler

A court has ruled in favour of the creators of Little Bellies fruit puffs, finding that Aldi’s Mamia Baby Puffs were a “flagrant” breach of their copyright.

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Slashing funder’s stolen wages cut could deter public interest cases, court told
Class Actions 2024-12-17 11:59 pm By Sam Matthews

Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the “bottom end” rate could deter investments in public interest class actions.

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Lawyers for Banksia class action funder face possible court action
Legal Ethics 2024-12-18 11:28 pm By Christine Caulfield

The firm that represented the funder of the notorious Banksia class action faces potential proceedings by a group of debenture holders. Meanwhile, Banksia’s receiver wants a court direction that he is justified in not pursuing the lawyers.

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Law firm files first class action over Google’s ad tech dominance
Class Actions 2024-12-17 8:55 am By Christine Caulfield

One law firm has beaten two others to court in pursuing Google for allegedly abusing its dominance in online advertising.

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Qantas to pay $120M to settle ground crew outsourcing case
Employment 2024-12-17 11:52 pm By Christine Caulfield

Qantas has reached an agreement to pay $120 million in compensation to 1,800 ground crew staff who were found to have been illegally sacked.

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Westpac shouldn’t mediate employee suit with ‘one hand behind back’: court
Employment 2024-12-17 1:20 pm By Andy Sidler

A judge has delayed mediation in a suit alleging Westpac fired its former head of risk after complaints of alleged fraud at its RAMS unit.

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Active Super says ASIC penalty would fall on ‘poor old members’
Financial Services 2024-12-17 11:33 pm By Cindy Cameronne

The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members. 

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Ex-EY partner’s reputation ‘only thing of value to him’, court told
Tax 2024-12-17 4:20 pm By Cindy Cameronne

An ex-EY partner accused of pocketing $700,000 in commissions in a tax loss scheme wants to vindicate his reputation at trial but is weighing whether to keep his silence, a court has heard.

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Construction PRO
Meriton to face more evidence of alleged $8M defects at Symphony apartments
Construction 2024-12-19 2:38 am By Christine Caulfield

The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case “an example of how proceedings in the Technology and Construction List should not be conducted”.

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