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Crown chair, CEO to step down as royal commissioner considers new casino operator
Adrian Finanzio 2021-08-03 10:10 pm By Christine Caulfield

Crown Resorts chair Helen Coonan and the CEO of Crown Melbourne will step down at the end of this month, the latest heads to roll as the casino operator attempts to persuade Royal Commissioner Ray Finkelstein QC that it should keep its Victorian licence.

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Macarthur-Onslow family feud over ‘undervalued’ Lendlease land shut down by court
Anne Horvath 2021-08-03 4:56 pm By Miklos Bolza

A court has shut down the latest legal spat between the children of one of Australia’s richest families, finding a lawsuit over a $200 million real estate transaction was not brought in good faith and that running the case was not in the best interests of the company involved in the deal.

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ASIC seeks $40M penalty against NAB over inadequate fee disclosures
ASIC 2021-06-17 3:06 pm By Christine Caulfield

National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.

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Sister of NBA star Ben Simmons won’t defend defamation case over sexual abuse tweets
Barry Dean 2021-08-03 2:25 pm By Bianca Hrovat

A judge has entered default judgment against the sister of NBA star Ben Simmons in a defamation case by her half-brother over tweets alleging he sexually molested her as a child, after the court heard she would not defend the proceedings.

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PwC says ATO should stick to plan at upcoming privilege hearing
Accounting 2021-08-03 2:10 pm By Miklos Bolza

PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.

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Prospect of longer COVID-19 lockdown stalls Ben Roberts-Smith trial
Anna Mitchelmore 2021-08-02 12:10 pm By Cat Fredenburgh

Trial in war veteran Ben Roberts-Smith’s defamation case over articles accusing him of war crimes has been adjourned until November in light of the current COVID-19 lockdown in Sydney, which a judge noted could be extended beyond the month of August.

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ASIC wins bad advice case against IOOF unit RI Advice
ASIC 2021-08-02 10:30 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to ensure its advisers acted in the best interests of clients and did not give inappropriate advice.

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Uber faces test case in Federal Court over drivers’ employment status
Bret Walker 2021-08-02 10:10 am By Christine Caulfield

A group of Uber drivers have brought legal action in the Federal Court to challenge the rideshare giant’s claim that they are independent contractors.

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‘He just hasn’t tried very hard’: Westpac slams Forum founder Bill Papas’ evidence of assets
Allens 2021-07-30 4:49 pm By Miklos Bolza

Westpac has told the Federal Court it has “grave concerns” about Forum Group founder Bill Papas’ evidence of his assets, contained in affidavits lodged on Thursday after weeks of non-compliance with a judge’s orders.

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Squire Patton Boggs breached agreement, but not ‘grossly negligent’, court finds
Appeals 2021-07-30 4:39 pm By Miklos Bolza

An appeals court has found law firm Squire Patton Boggs breached its contractual obligations but was not grossly negligent after it was dragged into a financial dispute over the $12.5 million refurbishment of a Western Australian gold processing plant.

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