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AMP’s general counsel Brian Salter says he did not know he was sacked until he read the company’s announcement to the Australian Stock Exchange on Monday morning.
StatePlus employment case could get “ugly” at trial, judge warns
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An employment dispute between financial advisory StatePlus and former program and project manager Mark Lawson has been ordered into mediation, with a Federal Court Judge saying the case could be “very ugly” if it went to trial.
Transgender woman keeps name secret in Daily Telegraph case
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The NSW Civil and Administrative Tribunal has agreed to suppress the name of a transgender woman taking legal action against Nationwide News, which has been accused of “vilifying” transgender people in a Daily Telegraph article.
Quinn Emanuel withdraws as class action reps after funder challenges fees
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Quinn Emanuel has been forced to bow out as class action counsel in a case against Bank of Queensland after litigation funder Vannin Capital called for the law firm’s $4 million fee to be challenged.
ACCC calls for mandatory dairy code of conduct
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Australia’s consumer regulator has called for a mandatory code of conduct to address the power imbalances along the dairy supply chain, a move opposed by dairy processors.
Brennar resigns, GC out amid Clayton Utz report controversy
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AMP’s chairwoman Catherine Brennar has resigned and the firm’s general counsel has left, as the company faces possible criminal charges for misleading the corporate regulator over its decade-long practice of charging undue fees to clients.
Judge invalidates Encompass’ software patents
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Financial software company Encompass Corp., which lost its patent infringement case against technology firm InfoTrack, and lost its patents in the process, should pay just 30% of InfoTrack’s costs, the Federal Court has been told.
AMP could face criminal charges, Royal Commission hears
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AMP could be hit with criminal charges after counsel assisting the Royal Commissioner said Friday evidence before the commission had shown the wealth management firm may have broken the law when it charged fees for no service, lied about the practice to ASIC, and presented a heavily-edited Clayton Utz report to the corporate regulator as independent.
Ex-CEO of Snowy 2.0 project says warrants in bribery case ‘defective’
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The former CEO of the lead contractor on the Snowy Hydro 2.0 project now facing corruption charges was the target of Australian Federal Police search warrants that were “too broad” to be sufficient, the Federal Court was told on Friday.
Crown Resorts hit with $300,000 fine
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Crown Resorts has been censured and hit with a $300,000 fine by the Victorian Commission for Gambling and Liquor Regulation after an investigation found Crown staff altered online gaming machines without the regulator’s permission.