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Commonwealth Bank of Australia and Beem It are facing an employment lawsuit by the former CEO of the payments fintech, but details of the case have not been released pending a bid to keep the claims confidential.
ASIC’s proposed $5M penalty against CBA ‘on the light side’, judge says
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A judge has questioned ASIC’s proposed $5 million penalty against the Commonwealth Bank of Australia, saying it was “on the light side” for the bank’s conduct in overcharging $8 million in fees on its agricultural products.
Clive Palmer defeats $100M in claims by Queensland Nickel liquidator
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Clive Palmer has defeated over $100 million in claims brought by the liquidator of Queensland Nickel over the $200 million collapse of the the mining company in 2016, with the Queensland politician threatening a possible lawsuit against the liquidator and the funder that backed the claims, Vannin Capital.
Banksia class action funder can’t keep details of misconduct claims under wraps
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A judge has rejected calls to keep confidential the details of professional misconduct claims against the funder and lawyers behind the Banksia Securities class action, in a ruling that revealed that investors of the collapsed lender could recover $30 million more if allegations against the legal team are established at trial.
Union unfairly sacked official over Labor conference spat, lawsuit claims
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An official employed with a local branch of the Finance Sector Union claims he was unfairly dismissed after resisting a union directive to send a delegation to a Victorian Labor party conference held in November at which delegates from the CFMEU staged a walkout.
Law firm leaders reflect on lessons learned from COVID-19
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The global pandemic has shown that the traditional law firm operating model can be transformed with speed and agility if needed. Beyond the anticipated shift to more flexible working arrangements, Lawyerly asked law firms leader to share some of the other lessons they have learned from COVID-19 and how they will incorporate these experiences into the management of their firm.
Bupa drops lawsuit against aged care regulator on the heels of $6M penalty
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Bupa Aged Care has dropped a lawsuit challenging a directive by the Aged Care Quality and Safety Commission that it claimed overlapped with proceedings brought by the ACCC in which it was recently ordered to pay a $6 million penalty.
Lawyer wins $84,000 in defamation case over Google, Yelp reviews
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A Sydney solicitor has won an $84,000 defamation judgment over two “indefensible” online reviews written by a building inspector who threatened to defame the lawyer “again and again”.
‘More extraordinary by the moment’: Reckitt slams AFT bid to reopen Maxigesic case
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AFT Pharmaceuticals is seeking to reopen a lawsuit against Reckitt Benckiser over ads for its painkiller Maxigesic after judgment was delivered in the matter, claiming the judge’s declarations contained an error, an argument slammed by Reckitt as “extraordinary”.
Australian Bar Association’s trade mark lawsuit is not a class action, judge says
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A trade mark infringement lawsuit filed by the former CEO of the Australian Bar Association was not properly brought as a class action on behalf of member barristers, a judge has found.