CDPP sent back to the drawing board to address ‘defects’ in ANZ cartel case

Please login to bookmark Close

A judge has ordered the Commonwealth Director of Public Prosecutions to file a replacement indictment to address defects in the document at the centre of its criminal cartel case over a $2.5 billion ANZ share placement in August 2015.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Binary options broker faces class action investigation

Please login to bookmark Close

A Sydney-based broker is facing a class action investigation on behalf of customers who bought binary options over a six-year period, after the Australian Securities and Investments Commission banned the risky derivatives earlier this year after finding they were likely to cause “significant detriment”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Forum Finance boss headed back to Australia to face $263M fraud claims, court hears

Please login to bookmark Close

The director of Forum Finance, which has been accused by Westpac and Societe Generale of a $263 million fraud, is in Europe and will return to Australia over the weekend, although he has refused to tell his lawyer his exact location, a court has heard.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Second COVID-19 insurance test case to be decided by end of year

Please login to bookmark Close

A COVID-19 business interruption test case that was filed in the Federal Court following a landmark loss for insurers in test case before the NSW Court of Appeal, will be determined along with any appeals by the end of the year, a judge has said.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

7-Eleven wins removal of Seven Network’s ‘7NOW’ trade mark

Please login to bookmark Close

Convenience store chain 7-Eleven has succeeded in having Seven Network’s ‘7NOW’ trade mark removed for non-use, with an IP Australia delegate finding links to services on the media company’s website did not amount to use.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Halifax auditor pleads guilty to criminal charges over auditing breaches

Please login to bookmark Close

The auditor of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, has pleaded guilty to the first criminal charges brought over auditing services in Australia.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Elit Lawyers co-founder Danielle Snell on starting a law firm in lockdown

Please login to bookmark Close

For Elit Lawyers by McGirr & Snell partner and co-founder Danielle Snell, experiencing one of the strictest COVID-19 lockdowns in the world fundamentally changed the course of her career in litigation.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

HWL Ebsworth avoids hit from $263M Forum Finance scandal

Please login to bookmark Close

Law firm HWL Ebsworth says it has avoided any negative financial impact from its connection with Sydney financial firm Forum Finance, which has been accused by Westpac of a $263 million fraud.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

‘Cynical and cranky’ tweeter not a journalist, judge rules in defamation case

Please login to bookmark Close

A self-described “citizen journalist” who publishes “cynical and cranky” opinions about the Australian Stock Exchange on the Twitter account Stockswami cannot claim journalist privilege to protect his source, a judge has found.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?