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National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.
Sister of NBA star Ben Simmons won’t defend defamation case over sexual abuse tweets
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A judge has entered default judgment against the sister of NBA star Ben Simmons in a defamation case by her half-brother over tweets alleging he sexually molested her as a child, after the court heard she would not defend the proceedings.
PwC says ATO should stick to plan at upcoming privilege hearing
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PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.
Rex hires Clayton Utz as it weighs legal options against Qantas
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Regional Express has engaged Big Six firm Clayton Utz to investigate potential court action against rival airline Qantas for alleged anticompetitive conduct.
Mayne Pharma hit with shareholder class action over US antitrust probe
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Generic drug maker Mayne Pharma Group has been hit with a shareholder class action over disclosures in relation to price-fixing allegations by US authorities.
Junior doctors launch third class action in Victoria alleging unpaid overtime
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Melbourne hospital operator Western Health has been hit with a class action on behalf of junior doctors across six hospitals in Victoria who allege they were denied pay for overtime hours, the third underpayments class action filed by doctors in the state.
‘Insightless and unrepentant’: Suspended lawyer must pay up for hoarding firm’s funds
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A suspended Sydney lawyer, who was struck off the roll of practioners for over charging an elderly client with dementia, has been ordered to return more than $400,000 in unauthorised wages, withheld client fees, Bartercard points and “secret profit” to the estate of his former partner.
Funder seeks to recoup $14.8M debt in lawsuit against Sydney developer
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A litigation funder is suing a Sydney property developer over a $14.8 million debt stemming from a cause of action it acquired from the liquidators of the collapsed project manager behind the firm’s real estate projects.
Gilbert + Tobin guides Afterpay on ‘transformational’ $39B Square deal
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Australian law firm Gilbert + Tobin has advised fintech Afterpay on the largest public acquisition in Australian history under which US-based Square will acquire all of the company’s issued shares in a landmark $39 billion deal.
Full Court should decide whether Qld energy class action is managed investment scheme, court told
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The Full Court should determine whether a class action accusing two state-owned energy generators of gaming Queensland’s energy pricing system needs to comply with regulations requiring litigation funders to register class actions as managed investment schemes, a court has been told.