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Two employment silks and a criminal barrister have been selected by the NSW government to serve on the state’s restored Industrial Court.
ASIC wins ‘extraordinary’ asset freeze against crypto firm NGS
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Australians who sank $21.2 million into crypto firm NGS Crypto, including their retirement savings, may have been misled about the safety of their investments, according to an investigation by the Australian Securities and Investments Commission.
Eneco Refresh founder sentenced for market manipulation
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The founder of ASX-listed bottled water company Eneco Refresh has been slapped with an 18-month suspended sentence after pleading guilty to market manipulation.
Class action pioneer from Maurice Blackburn will ‘strive for fair’ as new judge
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As the head of Maurice Blackburn’s class actions group he helped win hundreds of millions of dollars for claimants and shaped the jurisprudence around the practice. As the Victorian Supreme Court’s newest judge, Andrew Watson has promised to keep up the fight for fair.
Westconnex class action paused as funder feuds with lead plaintiff
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A class action against Transport for NSW over the alleged fraudulent acquisition of land to construct the $16 billion Westconnex tunnel in Sydney has been put on ice until the funder and the lead plaintiff can resolve a potential dispute.
Macquarie Bank hit with $10M penalty over financial adviser’s theft
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Macquarie Bank has agreed to pay a $10 million fine in proceedings brought ASIC after the bank admitted that it failed to monitor third-party withdrawals, resulting in a financial adviser’s theft of $2.9 million.
Protest class action loses bid for confidential information from Victoria Police
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A class action targeting Victoria Police over its use of capsicum spray against protesters has lost its bid to uncover confidential information about police crowd control tactics, after a judge found disclosure of the information could “endanger the public”.
Shane Heal’s suspension from Flames following bullying complaints lawful: court
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A judge has rejected claims by basketball coach Shane Heal that the Sydney Flames used bullying complaints from several players as a ‘smoke screen’ to hide unlawful reasons for suspending him last year.
ASIC appeals loss in landmark case over unfair insurance contracts
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The corporate regulator is appealing a judgment that tossed its landmark action against Austo & General Insurance, saying the judge erred in construing an unclear and disproportionate term in the insurer’s house and contents policy.
Icon forced into arbitration with ANSTO over $27M waste facility at Lucas Heights
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A judge has shut down a case by Icon against Australia’s nuclear agency over the $27 million construction of a waste treatment plant at Lucas Heights, saying the dispute should be determined by an arbitrator despite the parties waiving pre-arbitration steps.