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A court has upheld two decisions by the Australian Government Takeovers Panel that a bid by asset manager Aurora Funds Management to replace Molopo Energy’s directors was made in “unacceptable circumstances”.
Virgin Airlines becomes first big corporate casualty of COVID-19
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Embattled Virgin Australia has entered voluntary administration after the Morrison government knocked back its plea for a $1.4 billion lifeline, the airline confirmed Tuesday.
One Key Resources hit with class action by casual mine workers
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Labour hire firm One Key Resources is facing an employment class action on behalf of casual coal mine workers who were allegedly denied annual leave and severance pay entitlements, the latest class action alleging workers have been misclassified as casuals.
HopgoodGanim to cut partner, staff salaries
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HopgoodGanim will cut equity partner income by 50 per cent and staff salaries and hours by 20 per cent for up to six months to preserve jobs and ensure the sustainability of the firm during the coronavirus pandemic.
Grocon wins dispute over $20M Telstra Exchange project
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Grocon has won a $1 million dispute with contractor Construction Profile over the construction of the $20 million Telstra Exchange project in Manly.
Legitimacy of barristers’ $2.65M Banksia class action bill in question, court told
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Two barristers facing professional misconduct allegations in relation to the Banksia securities class action submitted more than $2.65 million in legal bills without documentation more than five years after the class action was filed and may have done so at the behest of funder Mark Elliott, a court has heard.
Government to force Google, Facebook to pay for news content
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Digital giants Google and Facebook will be required to pay for news content under a new mandatory code being developed by the Government to create a ‘level playing field’ in the Australian media industry, which is facing a sharp decline in advertising revenue driven by the coronavirus.
Bayer loses opposition to ‘Preceed’ weed killer trade mark
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Agricultural giant Bayer can’t block an Australian herbicide maker from trade marking ‘Preceed’ for its products, with a delegate from the Trade Marks Office finding the mark was not deceptively similar to Bayer’s ‘Precept’ weed killer mark.
Victoria Beckham takes Sydney skincare company to court over ‘VB’ marks
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Fashion designer and former Spice Girl Victoria Beckham has taken Sydney-based skincare company VB Skinlab to court, alleging it attempted to register two trade marks to trade off the reputation of her ‘VB’ marks.
Target faces class action investigation over underpayments
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Target Australia is facing a possible class action for allegedly failing to pay staff overtime or penalties for time that they worked, two months after revealing it underpaid staff at its retail stores $9 million.