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Ex-Clime Capital exec says he was sacked for complaints about conflicts
Contracts 2019-11-19 8:39 pm By Miklos Bolza

Wealth management company Clime Capital and its CEO have been sued by a former chief investment officer who claims he was fired after complaining about a conflict of interest within the firm.

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Former CEO says Papyrus defamed him by leaving him out of annual report
Agriculture 2019-11-19 4:03 pm By Christine Caulfield

Sustainable tech firm Papyrus Australia has lost its bid to throw out a $750,000 defamation case brought against it by an ex-managing director, which alleges the omission of his name in the company’s 2018 annual report was akin to calling him a liar.

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Garmin settles misuse of market power case by largest Australian supplier
Article 2019-11-19 3:53 pm By Christine Caulfield

Garmin has reached a settlement in a competition case brought by its former exclusive Australian distributor alleging the GPS technology giant misused its market power after the supplier refused to give up its five best customers.

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Thiess appeals class action ruling over unpaid wages for bussing to work
Appeals 2019-11-19 2:20 pm By Christine Caulfield

Mining services company Thiess is challenging a ruling in a class action that put it on the hook for paying workers for time spent bussing to and from their work stations at a construction site on Woodside Energy’s Pilbara-based LNG processing plant.

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CBA unit pleads guilty to 87 charges over insurance hawking
ASIC 2019-11-19 10:36 am By Miklos Bolza

The Commonwealth Bank of Australia’s insurance division, CommInsure, has pleaded guilty to 87 criminal charges that it hawked life insurance products in unsolicited telephone calls, but wants credit for the early plea.

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NAB admits to violating Credit Act with ‘Introducer’ program
APRA 2019-11-18 11:40 pm By Cat Fredenburgh

The National Australia Bank has admitted to most of the violations alleged in the Australian Securities and Investments Commission’s case over the bank’s $24 billion scandal-ridden ‘Introducer’ loan referral program.

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Rio Tinto subsidiary wins on appeal after IP Australia rejects mining patent
Christian Dimitriadis 2019-11-18 10:08 pm By Cat Fredenburgh

Rio Tinto subsidiary Technological Resources has successfully challenged a decision by IP Australia to reject a patent application for a method of separating mined material, with a judge finding the claimed invention was not a collection of mere working directions as a delegate had found.

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ABC, Fairfax can’t alter defence in Chau Chak Wing defamation case
Appeals 2019-11-18 3:22 pm By Cat Fredenburgh

The ABC and Fairfax have lost their bid to file an amended defence in defamation proceedings brought by Chinese businessman Chau Chak Wing, several months after the Full Federal Court upheld a ruling striking out out the publishers’ truth defence.

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Fortescue launches High Court appeal to native title ruling
Appeals 2019-11-18 10:39 am By Cat Fredenburgh

Mining giant Fortescue Metals is seeking special leave from the High Court to appeal a ruling that granted native title to the Yinjibarndi people over a large section of land in the Pilbara region of Western Australia.

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Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Baker McKenzie 2019-11-15 10:33 pm By Christine Caulfield

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.

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