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Merricks Capital secures undertakings from defecting employees
Arnold Bloch Leibler 2022-06-24 6:30 pm By Christine Caulfield Sydney

Melbourne-based hard assets investment manager Merricks Capital has won undertakings from its ex-managing director and two former employees who defected to an investment boutique run by financial commentator Peter Switzer and his son Marty. 

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ABC settles defamation suit over ‘Putin’s Patriots’
ABC 2022-06-24 4:46 pm By Christine Caulfield Melbourne

The ABC has settled a lawsuit by the head of Russian motorcycle club Night Wolves over an allegedly defamatory Four Corners report.

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Banksia class action solicitor suspended from roll for two years
Breaking News 2022-06-24 9:59 am By Christine Caulfield

The solicitor found to have acted as a “postbox” to hide conflicts of interest in the class action over Banksia Securities’ collapse has been suspended from the roll of practitioners in Victoria for two years, after a judge found he was presently unfit to practice.

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Cosmetic surgery clinic faces class action probe over malpractice claims
Class Actions 2022-06-23 4:50 pm By Christine Caulfield

A class action investigation is underway against Cosmos Clinics Australia after an investigative  report by Fairfax uncovered what it said was a “litany of troubling practices” at its clinics around Australia.

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Mills Oakley brings on HWL Ebsworth partner to launch cyber risk and insurance practice
Article 2022-06-23 1:36 pm By Christine Caulfield

Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.

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2XU sacked HR manager who queried boss over illicit drug use, suit says
Consumer Goods 2022-06-21 10:12 pm By Christine Caulfield Melbourne

2XU has been taken to court by its former head of human resources, who claims she was fired by the popular sportswear brand for investigating complaints that the CEO was bullying female employees and had brought illicit drugs to a work function.

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Investment firm WAM Active sued by largest shareholder Keybridge
Corporate 2022-06-21 4:17 pm By Christine Caulfield

Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution appointing Keybridge’s Nicholas Bolton to its board was passed and effective.

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First female appeals court president appointed in Victoria
Courts 2022-06-21 1:41 pm By Christine Caulfield

The Victorian government has elevated a female judge to the role of president of the state’s Court of Appeal, marking the first time a woman has been appointed to the position in the court’s history.

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Squirrel Super must pay $55,000 for brochure that inflated real estate returns
ASIC 2022-06-20 3:03 pm By Christine Caulfield

Despite previously remarking that the penalty was “a bit light on”, a judge has ordered Squirrel Superannuation to pay $55,000 for false and misleading marketing linked to property investment for investors with self-managed superannuation funds.

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Herbert Smith Freehills eyes tax law leader status with partner sweep
Business of Law 2022-06-20 1:49 pm By Christine Caulfield

As it severs ties with specialist outfit Greenwoods, Herbert Smith Freehills has brought on three tax law experts as part of the firm’s plans to beef up its commercial tax practice.

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