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A former managing director at global foreign exchange giant Travelex has filed a lawsuit against his former employer, seeking over $1.3 million in compensation and damages.
ACCC probes $231M sale of Origin Energy’s Ironbark project to APLNG
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The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.
Auto electronics maker Redarc puts brakes on patent infringement case against B8
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Auto electronics maker B8 Systems has settled a patent suit brought by rival Redarc Group and has agreed to stop selling its allegedly infringing vehicle brake controller in Australia.
Shark Tank fashion start-up fined $329k for underpaying workers
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Her Fashion Box has been hit with a $329,133 fine for underpaying three workers, including a graphic designer who worked as an unpaid intern for the fashion start-up for six months.
ABC settles Michelle Guthrie’s unfair dismissal case
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The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.
KPMG lures top-flight laterals for growing law team
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KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial services regulation, technology and telecom transactions, and government offerings.
Common fund rulings a boon for class action litigation funders, experts say
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Two rulings Friday keeping alive the common fund order are a ringing endorsement by the courts of the important role that litigation funders play in class actions, experts say, and have paved the way for more funded post-Hayne consumer litigation against banks and other financial services firms this year.
Piper Alderman heads to mediation in dispute with female partner accused of bullying
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A senior female partner at Piper Alderman will go into mediation this week with representatives of the firm’s partnership to try to resolve her sex discrimination lawsuit, which alleges a group of equity partners have used baseless complaints of bullying to try to push her out.
Judges have the power to issue common fund orders, appeals courts rule
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Common fund orders in class actions are legal and not unconstitutional, six judges found Friday after a history-making joint sitting of two appeals courts.
TPG, Vodafone drag feet on ACCC’s information request
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The Australian Competition and Consumer Commission has suspended its timeline for announcing whether it will bless the proposed $15 billion merger of telco giants TPG and Vodafone Hutchison Australia, saying the parties have still not complied with its requests for information.