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In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.
Law firm must pay $13M for negligence that led to client’s botched Woolworths deal
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A national law firm has been found liable to pay $13 million in damages for giving negligent advice to a former client that led to a botched sale of its business to Woolworths and caused it to go into administration.
Crown pays $125M to settle class action over Chinese gambling disclosures
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Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.
Class action silks thank court for OKing in-person trial that didn’t happen
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A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to notify the presiding judge of the happy outcome was enough to remind the Victorian litigators what they had missed over the past 18 months.
CBA seeks leniency as judge grapples with first criminal case of its kind
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A fine imposed against the Commonwealth Bank for false and misleading representations to customers should reflect offences that were “well below the midpoint” of seriousness, counsel for the bank has told a judge overseeing the first criminal case of its kind.
Qantas COVID-19 mask mandate ‘lawful and reasonable’: FWC
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The Fair Work Commission has ruled that a mask mandate issued by Qantas as part of its Fly Well program in response to the COVID-19 pandemic was “lawful and reasonable” as it tossed an unfair dismissal case brought by a former flight attendant.
Barristers ‘deeply concerned’ about Andrews’ COVID-19 pandemic legislation
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Thirteen Victorian silks have expressed “deep concern” over a bill proposed by the Andrews government giving the health minister power to make “pandemic orders”.
Criminal case against NAB over casual employee entitlements should take priority, court told
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The criminal case brought by Victoria’s new employment watchdog against the NAB should take precedence over the bank’s case, which challenges the Wage Inspectorate’s interpretation of the Fair Work Act and has now dragged NSW into the fray, a court has heard.
Lauded King & Wood Mallesons managing partner appointed Macquarie GC
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The Australian managing partner of King & Wood Mallesons, Evie Bruce, is set to join Macquarie Group as its next group general counsel and head of the legal and governance group, where she will lead a team of 400 lawyers and governance professionals.
Employsure wins case against former employees who jumped ship to rival
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Workplace relations heavyweight Employsure has won its case against rival ELMO Software and two former employees who sought to jump ship to a competitor in breach of their employment contracts and fiduciary duties.