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High Court won’t hear landowners case over payout for WestConnex project
Real Estate 2020-02-05 10:25 pm By Christine Caulfield

Three Sydney commercial landlords whose properties were compulsorily acquired to make way for the WestConnex project have come to the end of the road in their fight for $56.5 million in compensation, with the High Court refusing to hear their case.

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ASIC wins case over options trader’s ‘deliberate deception’
Financial Services 2020-02-05 4:09 pm By Miklos Bolza

ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the “deliberate deception of vulnerable people”.

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Biotechs to battle in Federal Court over ‘Access’ trade marks
Intellectual Property 2020-02-05 2:49 pm By Cat Fredenburgh

Two biotech companies that provide molecular diagnostic products used in genetic screening will face off in Federal Court over whether one of the company’s ‘Access’ trade mark is likely to confuse consumers.

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CFMEU’s John Setka says spat over member defection should be handled internally
Employment 2020-02-05 2:21 pm By Christine Caulfield

A bitter feud between the national office of the Construction Forestry Maritime Mining and Energy Union and union heayweight John Setka, who is accused of poaching members from the manufacturing division, should not play out in court, lawyers for Setka said Wednesday.

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Oliver Hume faces $12M legal challenge from overseas investors
Real Estate 2020-02-05 1:16 pm By Christine Caulfield

Real estate company Oliver Hume is facing three lawsuits from overseas investors seeking to get back the $12 million they invested in a mortgage fund that provided funding to property developers.

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Judge hits AMP with $5.2M penalty, says greedy financial adviser was ‘in the right place’
Financial Services 2020-02-05 11:05 am By Miklos Bolza

The Federal Court has imposed a penalty of almost $5.2 million on AMP Financial Planning after finding it was “reckless” in its “lamentable failure” to properly respond to a now banned adviser who was churning life insurance for higher commissions.

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Treasury Wine Estates faces another class action investigation
Class Actions 2020-02-05 9:36 am By Cat Fredenburgh

Maurice Blackburn has become the second law firm to consider a shareholder class action against Treasury Wine Estates over a recent earnings downgrade.

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Vocus class action to seek first common fund order since High Court ruling
Class Actions 2020-02-04 7:23 pm By Christine Caulfield

The funder behind the recently resolved shareholder class action against teleco Vocus will ask a judge to make a common fund order at a hearing to approve a $35 million settlement of the case, the first common fund order since the High Court appeared to put the kibosh on them.

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Hewlett-Packard could not cap commissions at ‘whim’, owes ex-sales rep $370,000, court says
Employment 2020-02-04 7:02 pm By Miklos Bolza

IT giant Hewlett-Packard Australia has been ordered to pay over $370,000 in unpaid commissions to a former sales executive after a court found the company could not change its incentives “arbitrarily, capriciously or unreasonably”.

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Class action alleges 7-Eleven made franchisees use Metcash-owned vendor
Class Actions 2020-02-04 6:37 pm By Cat Fredenburgh

A class action brought against 7-Eleven claims the convenience store chain ordered franchisees to purchase goods from supplier C-Store so that 7-Eleven could meet its obligation under a contract with the Metcash-owned supplier.

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