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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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ASIC appeals ruling in case against payday lenders Cigno, BHF Solutions
Adam Pomerenke 2021-07-20 9:09 pm By Cindy Cameronne

ASIC is challenging the dismissal of its enforcement action against payday lenders Cigno and BHF Solutions in a decision that found the companies did not need a licence to issue loans to hundreds of thousands of consumers.

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Court finds trader was defamed by ASIC but throws out $10M lawsuit
Andrew Harding 2021-06-30 5:38 pm By Miklos Bolza

Canadian trader Daniel Schlaepfer has suffered a loss in his $10 million defamation case against ASIC, with an appeals court tossing the lawsuit despite finding the regulator defamed him and his firm by accusing them of unlawful market manipulation.

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Deloitte settles partner’s age discrimination lawsuit
Accounting 2021-06-24 5:13 pm By Cat Fredenburgh

Deloitte has agreed to settle a $3.8 million lawsuit brought by a partner that challenged the accounting firm’s mandatory retirement policy.

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Judge tosses ASIC’s case against payday lenders Cigno, BHF
Adam Pomerenke 2021-06-23 9:47 pm By Cindy Cameronne

A court has dismissed ASIC’s enforcement action against payday lenders Cigno and BHF Solutions, finding the companies did not need a licence to issue loans to hundreds of thousands of consumers.

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Deloitte can’t shield retirement talk docs in $3.8M age discrimination suit
Accounting 2021-04-27 1:12 pm By Cindy Cameronne

Deloitte has failed to set aside a request for documents recording talks with partners about retirement after they turned 62, in a closely watched age discrimination lawsuit challenging the accounting firm’s mandatory retirement policy.

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Deloitte wants to keep lid on retirement talks in $3.8M age discrimination lawsuit
Accounting 2021-04-07 5:47 pm By Cat Fredenburgh

Deloitte is seeking to set aside a subpoena for documents recording chats with partners about retirement after they turned 62, in a closely watched age discrimination lawsuit challenging the accounting firm’s mandatory retirement policy.

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Partner in age discrimination suit says Deloitte acting like he’s out the door
Accounting 2021-03-01 6:28 pm By Miklos Bolza

A partner who hit Deloitte with a $3.8 million age discrimination lawsuit says the accounting giant has been treating him as an “inactive partner” who is on the verge of retiring, including by failing to conduct a performance assessment for the 2021 financial year.

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Deloitte admits it has ‘expectation’ partners will retire at 62
Accounting 2021-02-09 9:10 pm By Miklos Bolza

Accounting giant Deloitte Touche Tohmatsu has admitted in a Federal Court defence that it expects its partners to retire at the age of 62, but it says there is no obligation for partners to depart the firm at that age.

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ATO won’t promise not to prosecute PwC for tax offences
Ashurst 2021-02-03 12:06 pm By Spencer Fowler Steen

The ATO has refused to sign an undertaking that it won’t prosecute PricewaterhouseCoopers for tax crimes if it hands over thousands of documents at the centre of a legal professional privilege fight.

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