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Financial crimes watchdog AUSTRAC is investigating whether three companies in the Bell Financial Group have contravened anti-money laundering and counter-terrorism financing rules.
ACCC faces tough questions in appeal of NSW Ports competition case
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An appeals court grilled counsel for the ACCC on the first day of a hearing challenging the dismissal of its case over a NSW government deal to privatise two ports, calling on the lawyer to spell out how the state was alleged to be in competition with the consortium that took over the ports.
Music festival organiser appeals ruling denying coverage for $3.2M COVID-related cancellation
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The organiser of the Big Red Bash outback music festival has appealed a judgment denying it coverage for $3.2 million cancellation of the festival during the first wave of the coronavirus pandemic
Insurer has second crack at dodging doctor’s class action defence costs
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Avant Insurance has challenged a Federal Court judge’s interpretation of the Insurance Contracts Act in its second attempt to avoid liability for the defence costs of a plastic surgeon named in a class action brought over botched breast augmentations.
Zoetis’ takeover bid for Jurox raises competition concerns
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The Australian Competition and Consumer Commission has raised concerns about a proposed takeover of NSW-based pet drug maker Jurox by US animal health giant Zoetis.
High Court says class action shareholders can quiz directors of failed companies
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In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders wanting to bring civil proceedings.
‘Postbox’ solicitor in Banksia class action wins reprieve from DQ decision
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A lawyer whose conduct in the Banksia Securites class action was said to have left a stain on the integrity of the legal profession has secured a temporary stay of a decision by Victoria’s legal watchdog to disqualify him from practicing law for four years.
Justice Andrew Bell to become NSW Supreme Court’s new top judge
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Justice Andrew Bell has been appointed the new Chief Justice of the NSW Supreme Court, after the current head of the court announced last year it was time to step down after almost 11 years in office.
CBA class action preps for class closure nod from Full Court
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Lawyers leading a class action against the Commonwealth Bank over its alleged money laundering compliance failures are getting their ducks in a row in the event the Full Court rules the court has the power to shut out unregistered group members from a class action.
Aussie fashion designer suing Katy Perry a ‘calculating and dishonest’ witness, court hears
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An Australian fashion designer suing Katy Perry over the rights to use the Katy Perry trade mark in Australia is a “calculating and dishonest witness” whose “utterly dishonest” testimony should not be believed, counsel for the pop star said during closing submissions.