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Telecommunications giant Telstra will provide $25 million in refunds to almost 50,000 customers after failing to inform them the speeds they were promised could not be obtained on the NBN.
CDPP sent back to the drawing board to address ‘defects’ in ANZ cartel case
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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.
Binary options broker faces class action investigation
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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”.
Forum Finance boss headed back to Australia to face $263M fraud claims, court hears
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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.
Second COVID-19 insurance test case to be decided by end of year
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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.
7-Eleven wins removal of Seven Network’s ‘7NOW’ trade mark
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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.
Halifax auditor pleads guilty to criminal charges over auditing breaches
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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.
Elit Lawyers co-founder Danielle Snell on starting a law firm in lockdown
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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.
HWL Ebsworth avoids hit from $263M Forum Finance scandal
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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.
‘Buttermite’ deceptively similar to Vegemite trade mark, IP Australia delegate says
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Vegemite maker Bega Cheese has won a challenge to an inventor’s bid to register ‘Buttermite’ as a trade mark for a breakfast spread.