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Forum Finance director failed to disclose $150,000 in assets to court
Allens 2022-07-19 5:40 pm By Sam Matthews

Forum Finance director Vince Tesoriero has been caught out for failing to declare over $150,000 to the court, as he took the stand to defend evidence given about his financial position in Westpac’s fraud case against him.

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Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
Accounting 2022-07-19 4:18 pm By Sam Matthews

A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.

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Uber appeals ‘overbroad’ ruling in fight over privileged documents
Alexia Staker 2022-07-18 5:03 pm By Sam Matthews

Uber is challenging a ruling that found many email exchanges with its lawyers were made in furtherance of offences and were not protected by legal professional privilege, saying it would be forced to hand over to a class action “bog standard” legal advice.

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Nuix slams class action carriage agreement as ‘anti-competitive’
Banton Group 2022-07-18 4:18 pm By Sam Matthews

Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the court to make the two firms compete against one another for sole carriage.

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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Julia Nikolic 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, with a judge finding that the company had not retained the valuer and was not a party to the valuation.

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Dentons recruits Holding Redlich construction expert ahead of Olympics
Business of Law 2022-07-15 12:59 pm By Sam Matthews

Dentons has picked up a partner from Holding Redlich to bolster its construction practice ahead of the 2032 Olympic Games in Brisbane.

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Online trader shut down following ASIC probe into ‘concerning consumer losses’
ASIC 2022-07-14 9:58 pm By Sam Matthews

Online trading platform Trade360 will close shop at the end of the month, following an ASIC investigation that found its representatives at an offshore call centre provided personal advice to clients which the company was not licensed to give.

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Unvaxxed stevedores not owed damages even if sackings had been unfair: FWC
Coronavirus 2022-07-14 4:26 pm By Sam Matthews

The Fair Work Commission has found that unvaccinated stevedores were not unfairly terminated by their employer Patrick Stevedores — and even if they were no damages were owing. 

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Lawyer who acted for both sides in employment case loses appeal of misconduct finding
Appeals 2022-07-14 2:37 pm By Sam Matthews

A court has rejected an appeal by a lawyer who acted for both sides in an employment dispute between a company and its former managing director and advised the director to “take and park” over $370,000 from the company account as leverage.

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Griffin Coal convicted of violating financial reporting obligations
ASIC 2022-07-13 11:12 pm By Sam Matthews

Embattled mining company Griffin Coal has copped a $4,000 fine after being convicted of failing to meet its financial reporting and officeholder requirements.

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