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A law firm that has gone after major banks and the federal government over their climate exposure has trained its sight on the National Australia Bank.
Barry Nilsson failed to alert client until costs were 5x original estimate, lawsuit says
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Law firm Barry Nilsson has been hit with proceedings by a former client who says was not informed the initial costs estimate of $6,000 provided by the firm had ballooned to $50,000 until her costs exceeded $32,000.
Monster Energy settles trade mark fight with PepsiCo over popular snack food
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A three-year court battle over PepsiCo’s Monster Munch trade mark has been resolved, with Monster Energy negotiating the removal of some beverage products that would have been covered by the mark.C
Net-a-Porter loses challenge to The Iconic’s ‘Considered’ trade mark
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The Iconic has defeated a challenge to the online fashion retailer’s application to trade mark ‘Considered’ for sustainable or ethically sourced products, with IP Australia rejecting Net-a-Porter’s argument that the label has not been used in the sense required under the Trade Marks Act.
Founders of streetwear retailer City Beach win $52M fight with ATO
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The founders of streetwear retailer City Beach have won a fight with the ATO over the taxation of a $52 million disposal of pre-capital gains tax assets.
Late tweaks to funding bids to be ‘held against’ firms in IC Markets beauty parade
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A judge has warned two law firms competing to run a class action against IC Markets over risky contracts-for-difference that it will be held against them if they take a “holding position” on their funding proposals and attempt to negotiate their bids down later.
SkyCity Adelaide to get High Court hearing in tax fight with SA treasurer
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The High Court has agreed to take up a dispute between SkyCity Adelaide and South Australia’s treasurer over the tax treatment of reward points that gamblers convert to gaming chips.
Class action against BHP can amend shareholder group after ‘inadvertent mistake’
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The judge overseeing a six-year-old class action against BHP over the collapse of a Brazilian dam has allowed the applicant to retroactively amend the group definition, accepting that a pleading mistake was contrary to the intended class membership in the case.
Ex-EY partner claims right to silence in ATO case over alleged tax exploitation schemes
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A former Ernst & Young partner has claimed privilege against exposure to penalty and is seeking orders to avoid filing a defence in proceedings by the Australian Taxation Office alleging he promoted tax exploitation schemes.
PwC director should not have relied on co-worker’s text message in resigning: FWC
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The Fair Work Commission has found a former PricewaterhouseCoopers director should not have relied solely on a colleague’s text message in deciding to resign while on leave, rejecting her argument that the accounting firm had essentially forced her resignation.