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ASIC has dropped its fight with Westpac over the bank’s financial assessment of home loan borrowers following political pressure, citing the “challenging economic circumstances”.
Ashurst partner hit with indemnity costs in Point Piper property feud
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An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.
‘Not a single note’: ACCC accused of avoiding disclosure in ANZ cartel case
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The ACCC’s investigatory techniques have come under fire during a hearing over an alleged criminal cartel agreement between ANZ and two investment banks, with a barrister for one of the banks suggesting investigators from the regulator deliberately did not take notes during hundreds of days of witness interviews to avoid disclosure.
Judge slams opt out notice, ‘disturbing’ funder letter in Suncorp class action
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A judge overseeing a class action against Suncorp over alleged conflicted remuneration has questioned a proposed opt out notice telling group members they should sign up with the funder backing the case or it might not proceed.
Woolworths denies class action claims as underpayments blow out to $390M
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Despite admitting that it underpaid workers to the tune of $390 million, supermarket giant Woolworths has denied underpayment claims levelled against it in a class action brought by disgruntled current and former staff.
Sydney law firm removes post urging Melburnians to defy mask order
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A Sydney law firm has taken down a Facebook post urging Melburnians to defy a mandatory mask-wearing order from the Victorian government after a request for the post’s removal by the peak legal body in NSW.
Ardent Leisure hit with charges over Dreamworld deaths
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Ardent Leisure, which operates the Dreamworld theme park in Queensland, has been hit with three charges over four deaths that occurred at the theme park in 2016 following a ride malfunction.
IP Australia appeals loss in Aristocrat gaming methods patent case
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IP Australia has appealed a judge’s decision to allow four Aristocrat gaming patents to proceed to grant, hoping for another victory after winning two high stakes challenges to software patents before the Full Federal Court.
HWL Ebsworth’s Sydney partners still working from the office
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The law firm at the centre of a coronavirus outbreak linked to its Melbourne headquarters is still expecting its Sydney partners to work from the office despite warnings from NSW premier Gladys Berejiklian that the state had reached a “critical point”.
Gilbert + Tobin escapes Sydney businessman Charif Kazal’s ‘incoherent’ claims
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Law firm Gilbert + Tobin has won the dismissal of claims brought by businessmen Charif and Tarek Kazal over an alleged dishonest scheme to rob them of a 50 per cent stake in a lucrative Sydney waste facility that a judge said was “fundamentally incoherent”.