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iSignthis says disclosing end of Visa relationship would not have affected share price
Financial Services 2021-03-04 4:07 pm By Spencer Fowler Steen

Fintech company iSignthis has struck back at allegations by the Australian Securities and Investments Commission that it breached its continuous disclosure obligations by failing to […]

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Full Court to hear another appeal over computer-implemented invention
Intellectual Property 2021-03-04 2:58 pm By Cat Fredenburgh

The Full Federal Court has been asked to consider an appeal of a judge’s ruling backing the position of the Commissioner of Patents that two […]

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Viagogo wins stay of $7M penalty after evidence of COVID-19’s ‘catastrophic’ impact
Competition & Consumer Protection 2021-03-04 2:44 pm By Cindy Cameronne

Crying poor during COVID-19, Viagogo has won a temporary stay of a $7 million penalty imposed by a court that found the ticket reseller misled […]

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Full Court to hear CUB dispute with ATO over 1,500 tax docs
Appeals 2021-03-03 10:10 am By Cat Fredenburgh

Carlton United Breweries has appealed a ruling ordering it to hand over almost 1,500 documents to the Commissioner of Taxation relating to an audit of […]

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ASIC accuses REST of deceiving members over super fund transfers
Financial Services 2021-03-02 9:48 pm By Christine Caulfield

The Australian Securities and Investments Commission has brought court action against Retail Employees Superannuation, alleging the super trustee may have misled members about their ability […]

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Clough Limited can’t claim $15M in taxes from cancellation of employee entitlements, court rules
Tax 2021-03-02 9:23 pm By Cindy Cameronne

Construction company Clough Limited cannot claim over $15 million paid to employees for cancellation of their shares and options as a tax deduction, with a […]

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Court finds Megasave made misleading representations to franchisees
Competition & Consumer Protection 2021-03-02 11:51 am By Cat Fredenburgh

A court has found national delivery company Megasave Couriers misled franchisees with false promises of guaranteed minimum weekly payments and annual income. Megasave admitted that […]

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Fair trial may not be possible for adviser targeted by ASIC in IOOF unit case, court told
Financial Services 2021-03-01 9:57 pm By Christine Caulfield

A financial adviser at the centre of ASIC’s bad advice case against an IOOF unit might mount an argument that a fair trial is not […]

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CBA broker subsidiaries admit ‘systemic compliance failures’ as ASIC launches new case
Financial Services 2021-03-01 6:10 pm By Miklos Bolza

ASIC has launched court action against two Commonwealth Bank of Australia subsidiaries that have admitted multiple “systemic compliance failures”, including the overcharging of more than […]

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ACCC’s cartel case against crane company incoherent, court told
Competition & Consumer Protection 2021-03-01 1:31 pm By Spencer Fowler Steen

The ACCC’s cartel case against family-owned crane company NQCranes suffers from ‘incoherence’, the company’s counsel told the Federal Court on Monday ahead of an application […]

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