Crown’s top lawyer threatened regulator over push for money laundering controls, inquiry hears

Please login to bookmark Close

Crown’s former legal boss threatened to call the federal gaming minister after Victoria’s gaming watchdog pushed the company to implement stronger anti-money laundering controls on junket players, the royal commission into Crown Melbourne has heard.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Westpac class action funder forgoes commission after running out of money

Please login to bookmark Close

The cash-strapped litigation funder that initially agreed to bankroll a class action against Westpac over life insurance premiums will not earn a cent in commission under a proposed $30 million settlement.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told

Please login to bookmark Close

A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

FWC rules Deliveroo driver was employee, not independent contractor

Please login to bookmark Close

In a victory for gig economy workers, the Fair Work Commission has found that a Deliveroo driver who was sacked for not working fast enough was an employee, saying the company’s power to exert control over its workers with data collected through its app weighed in favour of a finding of that employer-employee relationship existed.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Rex hit with $66,000 penalty for failing to disclose domestic launch plans

Please login to bookmark Close

The Australian Securities and Investments Commission has fined Regional Express Holdings $66,000 after finding there were reasonable grounds to believe the airline violated it continuous disclosure obligations by telling a journalist, but not shareholders, about its potential plans to launch domestic operations.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Ex-CFO sentenced to jail time for market manipulation

Please login to bookmark Close

The former chief financial officer of delisted Traditional Therapy Clinics has been sentenced to one year and ten months in prison after pleading guilty to market manipulation charges relating to transactions intended to create an artificial share price for the traditional therapy clinic company.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Crown ‘lied’ to regulator, faces potential contempt charge, inquiry hears

Please login to bookmark Close

A “belligerent” Crown Melbourne lied to investigators probing the arrests of 19 of its China-based staff, and the casino operator could face charges of contempt for failing to respond to demands for documents by the gaming watchdog, an inquiry has been told.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

EY resigns as Omni Bridgway auditor over class action conflict

Please login to bookmark Close

Ernst & Young has resigned from its role as Omni Bridgeway’s long-time auditor after determining a class action against it that’s being backed by the litigation funder could threaten its independence.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Christian Porter’s lawyers accuse ABC of ‘improper’ allegations against silk

Please login to bookmark Close

Lawyers retained by former attorney-general Christian Porter have accused the ABC of making “improper” allegations against Porter’s counsel, who is facing calls for her to return her brief to act for him in defamation proceedings against the national broadcaster.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Baker McKenzie dragged into Chinese lender’s case against PwC over failed Aussie launch

Please login to bookmark Close

Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in Australia, after advice documents from the law firm were uncovered in a last-minute privilege fight.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?