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Judge strikes Banksia funder’s son from roll, OKs settlement with barrister’s wife
Business of Law 2023-07-31 11:37 am By Christine Caulfield

The son of the architect of the Banksia class action fraud has been struck from the roll of lawyers by a Supreme Court of Victoria judge, who on Monday also approved a settlement with companies linked to the disgraced senior counsel for the case.

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James Hardie facing shareholder class action over net income downgrade
Class Actions 2023-07-28 11:53 pm By Christine Caulfield

Building materials giant James Hardie Industries is facing a class action alleging it breached its disclosure obligations over its adjusted net income forecasts for the 2023 financial year.

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Ex-Cushman & Wakefield director appeals ban on office leasing role with rival
Article 2023-07-28 11:30 pm By Christine Caulfield

A former Cushman & Wakefield director is appealing a ruling released Friday that upheld a non-compete restraint in her employment contract with the real estate services giant.

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Phoenix hit with record $438M penalty for unconscionable enrollment practices
ACCC 2023-07-28 10:13 pm By Cat Fredenburgh

Collapsed vocational education provider Phoenix Institute and its marketing arm have been hit with a record $438 million penalty after a judge found they acted unconscionably and with “callous indifference” by enticing vulnerable consumers to enrol in unsuitable courses with promises of free laptops.

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ABC source for Heston Russell articles told reporter his memory was ‘hazy’, court hears
ABC 2023-07-28 10:06 pm By Cindy Cameronne Sydney

A source for ABC articles over alleged war crimes that are at the centre of a defamation case by ex-commando Heston Russell told reporters his memory of the events was “hazy”, a court heard Friday.

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Monster Energy’s security for costs bid ‘manifestly excessive’, judge says
Food and Beverage 2023-07-28 2:40 pm By Christine Caulfield

The security sum sought by Monster Energy from an inventor suing the beverage giant for patent infringement was “manifestly excessive”, a judge has said, and was based on an estimate of costs that included the fees of three solicitors and two barristers at an interlocutory hearing.

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Select AFSL exec appeals ruling he ‘turned a blind eye’ to unconscionable sales tactics
Anthony Cheshire 2023-07-27 11:58 pm By Cat Fredenburgh

The former director of Select AFSL has appealed a judge’s decision to slap him with a $100,000 penalty and a disqualification order after finding he “turned a blind eye” to the life insurer’s unconscionable phone sales tactics.

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Viterra goes to High Court in epic fight with Cargill over Joe White sale
Agriculture 2023-07-27 11:27 pm By Christine Caulfield

Glencore-owned Viterra has taken its 10-year fight with Cargill to the High Court after an appeals court upheld a judgment putting it on the hook for almost $300 million in damages for misleading representations in the sale of malt producer Joe White in 2013.

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Developer ‘bought influence’ from Victorian MPs, councillors: IBAC report
Construction 2023-07-27 10:10 pm By Cindy Cameronne Sydney

Victorian premier Daniel Andrews has vowed to limit the role of local councils in planning decisions after the state’s anti-corruption board delivered a scathing report finding property developer John Woodman “bought influence” from councillors in Melbourne and two state MP’s.

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Arrium class action’s potential loss of contingency fee irrelevant to transfer fight, KPMG says
Accounting 2023-07-27 5:06 pm By Christine Caulfield

The possibility that a NSW judge will revoke a contingency fee order made in a class action over Arrium’s collapse is irrelevant to whether the proceedings should be transferred from Victoria to the appropriate forum, Arrium’s auditor KPMG has told a court.

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