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Charges dropped in landmark criminal cartel case over $2.5B ANZ share placement
ANZ 2022-02-11 11:03 am By Cat Fredenburgh Melbourne

In a stunning reversal, the Commonwealth Director of Public Prosecution has dropped all criminal cartel charges against two investment banks and four individuals in relation to a $2.5 billion ANZ share placement, four years after the charges were brought following an allegedly questionable investigation by the ACCC.

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Ben Roberts-Smith described killing of Afghan teen as ‘most beautiful thing’, court told
Arthur Moses 2022-02-11 1:16 pm By Bianca Hrovat Sydney

Australia’s most decorated Afghanistan war veteran Ben Roberts-Smith told a former SAS soldier that when he “blew the brains out” of a young Afghan man it was “the most beautiful thing [he’d] ever seen”, a court has heard.

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Forum Finance director can’t block receivers from selling waterfront homes
Allens 2022-02-09 5:43 pm By Christine Caulfield Melbourne

Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac’s fraud case against him.

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Legal firm structure in the spotlight as new guidelines bite
Business of Law 2022-02-09 10:53 pm By WP Creative

Lawyers will need to review their income arrangements in light of new tax guidelines that could expose them to greater ATO scrutiny, says Pitcher Partners executive director Ashley Davidson.

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Citing ‘leisure wear effect’, MySuper class action seeks in-person hearing
Adam Hochroth 2022-02-08 3:03 pm By Cat Fredenburgh Melbourne

The parties in a class action accusing a Commonwealth Bank of Australia unit of breaching its superannuation trustee duties want the matter to be heard in person and are willing to foot the bill for the judge to travel to Sydney to make it happen.

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SAS soldiers panned ‘bulls–t’ commendation awarded to Ben Roberts-Smith, court told
Anna Mitchelmore 2022-02-08 3:14 pm By Bianca Hrovat Sydney

It was common knowledge that SAS soldiers sought the retraction of a “bulls–t” commendation awarded to war veteran Ben Roberts-Smith for acts of bravery in Afghanistan in 2012, a trial in a defamation case against Fairfax has heard.

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Fairfax slams Ben Roberts-Smith barrister’s cross-examination technique
Anna Mitchelmore 2022-02-07 9:27 pm By Bianca Hrovat Sydney

Fairfax has accused senior counsel representing Ben Roberts-Smith of using cross-examination to try to identify the source of allegedly defamatory articles that accused the former SAS soldier of war crimes.

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Deloitte report on Mercedes-Benz fixed-price model was ‘spin’, court hears
Automotive 2022-02-07 1:46 pm By Cat Fredenburgh Melbourne

Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model allege the car maker engaged Deloitte as a consultant so it could “spin” its real reasons for making the change.

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‘Shoot him or I will’: Mounting allegations of civilian murder at Ben Roberts-Smith trial
Anna Mitchelmore 2022-02-04 2:39 pm By Bianca Hrovat Sydney

Eight rounds of ammunition were unloaded into the chest, neck and face of an Afghan man after decorated war veteran Ben Roberts-Smith told a subordinate to, “Shoot him or I will”, a court has heard.

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Google can’t shut down Epic Games’ misuse of market power case
Chester Brown 2022-02-04 7:24 pm By Sam Matthews Melbourne

Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.

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