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Race car driver and former owner of the famous Byron Bay Hotel, Max Twigg, misappropriated around $100 million in family trust money, taking steps to conceal the transfer of funds from his mother, a court has found.
‘I would like to move a Chinese person to that role’: UTS faces race discrimination lawsuit
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A former University of Technology Sydney professor based in Shanghai has filed a lawsuit accusing the university of race and age discrimination, alleging his contract was not renewed after the dean of the business school said he wanted to appoint a Chinese person to his position.
Chevron accuses Ampol of ‘flagrant’ infringement of Caltex trade mark
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Chevron has taken Australian petrol station operator Ampol to court over its allegedly infringing use of the ‘Caltex’ brand, eight months after the US oil giant severed the companies’ trade mark licence agreement.
Ex-BlueScope exec pleads guilty to obstructing cartel investigation
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A former executive of BlueScope Steel has pleaded guilty to obstructing an Australian Competition and Consumer Commission price fixing investigation, in the first criminal charges ever brought against an individual in relation to an ACCC probe.
Facebook threatens news ban in Australia over media bargaining code
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Social media giant Facebook has come out swinging over the Morrison government’s proposed news media bargaining code, threatening to stop Australians from sharing local and international news on Facebook and Instagram if the code becomes law.
Slater and Gordon takes injury lawyer to court over client poaching claims
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Slater and Gordon has brought proceedings against a sacked principal lawyer who led the firm’s largest practice in its Penrith, NSW office, seeking injunctions to prevent her from poaching clients allegedly worth over $1.3 million in billing revenue.
$1.4B MLC acquisition puts IOOF on the hook for class actions, ASIC case
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Financial services giant IOOF Holdings will be on the hook for any judgments or settlements reached in two class actions and an ASIC lawsuit as part of its $1.4 billion acquisition of NAB wealth management unit MLC.
ACCC to keep investigations of completed mergers close to its chest
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The Australian Competition and Consumer Commission has told lawyers it will no longer publicise its investigations into completed mergers, which until now have been listed on the mergers public register.
iSignthis racks up $1M legal bill in battle with ASX
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Fintech firm iSignthis has revealed that it has spent over $1 million in legal costs pursuing its $264 million lawsuit over misleading and deceptive conduct against the Australian Stock Exchange.
Hanwha can amend solar patent at centre of IP feud with rivals
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The Federal Court has granted a bid by global solar cell manufacturer Hanwha to amend the patent behind its solar technology at the centre of a hotly contested infringement case against three rivals.