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Slater & Gordon says lawsuit over private equity takeover names wrong defendant
Securities 2024-02-21 4:11 pm By Christine Caulfield

Slater & Gordon is seeking summary dismissal of a case brought by a shareholder over the plaintiff firm’s takeover by private equity firm Allegro, saying it is not the right target for the claims.

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Clive Palmer takes fight over criminal cases to the High Court
Appeals 2024-02-21 10:51 pm By Cat Fredenburgh

Mining giant Clive Palmer has asked the High Court to hear his challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.

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Cybersecurity threats keep ATO boss up at night
Privacy & Cybersecurity 2024-02-21 11:23 pm By Sam Matthews

The head of the Australian Taxation Office has flagged cybersecurity as one of his greatest concerns amid millions of attempted cyberattacks on the tax office, saying the prospect of a data breach “keeps me awake at night”.

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland. 

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Mecca Brands used maternity leave to ‘test’ whether marketer’s position could be axed, lawsuit says
Employment 2024-02-20 9:57 pm By Cindy Cameronne

The former head of brand marketing at cosmetics retailer Mecca Brands has sued the company and its chief marketing officer for allegedly using her maternity leave as a test to see if her position should be made redundant. 

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Producer sues ABC for $290,000 in alleged underpayments
Employment 2024-02-20 9:30 pm By Cat Fredenburgh

A senior ABC producer has sued the broadcaster, alleging he’s owed $290,000 in underpayments, including for working an average 70 hours a week on the documentary series ‘Australian Story’.

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Jarryd Hayne supporter accused of spitting at alleged rape victim wins payout from Seven
Defamation 2024-02-20 10:48 am By Sam Matthews

A judge has ordered Seven Network to pay $35,000 to a man who said he was defamed by the broadcaster, finding that he “spat towards” but not at the alleged rape victim of rugby league footballer Jarryd Hayne. 

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Lawyers’ costs would leave personal injury client with 5% of Coles settlement, court says
Personal injury 2024-02-20 3:17 pm By Sam Matthews

A woman who secured a $650,000 settlement from Coles after allegedly slipping on water at a Penrith, NSW supermarket may see just over five per cent of the sum after fees by the two law firms that represented her, as well as deductions by Medicare and Centrelink, a judge has said.

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‘Air of a Kafka novel’: NAB loses bid to suppress misleading or deceptive conduct case
Financial Services 2024-02-19 3:25 pm By Cindy Cameronne

National Australia Bank has lost its bid to shield a case by a Melbourne gold bullion dealer after a judge said one of the bank’s arguments for suppression had “the air of a Kafka novel”.

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