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Accounting giant Deloitte Touche Tohmatsu has admitted in a Federal Court defence that it expects its partners to retire at the age of 62, but it says there is no obligation for partners to depart the firm at that age.
Macquarie appeals $330,000 penalty for ‘defective and deficient’ adviser pay system
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Macquarie Bank is challenging a ruling that it pay $330,000 in pecuniary penalties after it was found to have underpaid a group of former financial advisers because of a “defective and deficient” payment system.
Soul Pattinson seeks to appeal $1.1M ruling for former finance director
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Investment house Washington H. Soul Pattinson is fighting a ruling that it owes its former finance director over $1.1 million in damages after the ASX 100-listed firm terminated the executive without notice and failed to pay out entitlements.
Westpac fires back in class action, says car loan borrowers could have shopped around
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Westpac has hit back at a class action accusing it of colluding with car dealers on a “shonky” car loan scheme that allowed them to hike up interest rates to earn higher commissions, saying consumers could have shopped around for a better deal.
Tandem gets OK to file rare class action cross-claims against group members
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A judge has allowed a unit of recruitment firm Tandem to file cross-claims against individual group members in an underpayment class action, in a rare move that may spark important changes in representative proceedings.
TGA orders ex-senator David Leyonhjelm to take down misleading COVID tweets
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The TGA has ordered former senator and vet David Leyonhjelm to take down misleading tweets spruiking a medication used to treat parasite infestations in horses as “probably the most economical source” to treat COVID-19.
Mobile retailer TeleChoice faces class action over contract spat with Optus
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A class action by franchisees against mobile and internet retailer TeleChoice will return to the Victoria Supreme Court next week as group members seek commissions they allege have been withheld while the company battles separate litigation against Optus.
Designer appeals ruling that trendy handbag not a work of artistic craftsmanship
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An Australian maker of neoprene handbags sold at high-end retailers has appealed its loss in a copyright dispute over alleged knockoffs, contesting a judge’s finding that its trendy tote is not a work of artistic craftsmanship.
Plutus Payroll founder has $16M in homes, other assets confiscated by AFP
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Federal police have confiscated $15.8 million in assets from the founder of payroll services company, Plutus Payroll, who was sentenced last year to over seven years in jail for conspiring to defraud the Commonwealth of more than $105 million.
Goodman Fielder wins ‘La Famiglia’ trade mark dispute
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Australasian food company Goodman Fielder has successfully challenged a bid by Conga Foods and an Italian pasta producer to register the ‘La Famiglia’ trade mark for pasta products.