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A Sydney concert promoter seeking a cut of the profits earned by Nine unit TEG Live for promoting a 2013 Australian tour with English-Irish boy band One Direction has taken his fight to the High Court.
Hungry Jack’s resolves claims by franchisee over launch of nearby restaurants
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Hungry Jack’s has resolved a case brought by a franchisee seeking a court injunction blocking the burger chain from launching two restaurants in close proximity to its sites on NSW’s Central Coast.
HSBC pays $33,000 fine for alleged breaches of Consumer Data Right
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British bank HSBC has been stung with $33,000 in penalties for alleged violations of rules designed to increase transparency and competition in the banking sector.
Finance partner joins Dentons from Baker McKenzie
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Dentons continues to grow its ranks with the recruitment of banking and finance partner, Yechiel Belfer, from Baker McKenzie.
Gladstone Ports class action funder, plaintiffs clash over who should run the case
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The litigation funder and lead plaintiffs in a class action against Queensland-owned Gladstone Ports are in dispute over who should be engaged to act in the long-running case after the solicitor on record left Clyde & Co for a rival law firm.
ASIC wins greenwashing case against Vanguard over $1B fund
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The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion “ethically conscious” hedge fund.
Court OKs $23M settlement in Wellard class action despite funder’s ‘lion’s share’
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A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, saying that investors had agreed to the lawyers and funder receiving the “lion’s share”.
27.5% the ‘standard benchmark’ for GCOs in earnings guidance class actions, court told
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A law firm running a shareholder class action against building materials giant James Hardie Industries has argued for a 27.5 per cent group costs order, saying it was the “standard benchmark” for earnings guidance cases.
Jan Cameron fined $8,000 for failing to disclose interest in Bellamy’s
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Former Bellamy’s Australia director Jan Cameron has been fined $8,000 after being found guilty of two counts of breaching the Corporations Act for failing to disclose her stake in the baby formula company.
Airport employee first official targeted by National Anti-Corruption Commission
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A former employee of the Western Sydney Airport has been arrested and charged with allegedly soliciting a bribe of $200,000 during the procurement process for a $5 million contract for services at the new airport.