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Ex-Bellamy’s boss loses $1.2M share dispute
Allens 2018-07-26 7:22 pm By Miklos Bolza Sydney

The former CEO of organic baby food producer Bellamy’s Australia has lost a legal battle over $1.2 million in options she claimed she was owed as part of a long-term financial incentives scheme.

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Only exposed Deloitte partners can claim privilege in Hastie class action
Class Actions 2018-07-26 3:41 pm By Christine Caulfield Melbourne

Shareholders in a class action against Deloitte over the collapse of engineering company Hastie Group have won a major ruling against partners at the auditing firm who resisted handing over evidence to the class for fear of incriminating others at the accounting giant.

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Johnson Winter & Slattery dragged into Vocation class action
Class Actions 2018-07-26 1:04 pm By Cat Fredenburgh Melbourne

Johnson Winter & Slattery has been pulled into a class action against failed educational training company Vocation and its auditor PricewaterhouseCoopers, with the auditor saying the firm’s advice to Vocation constituted misleading and deceptive conduct.

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Directed Electronics can’t block rival Hanhwa’s deal with Izuzu in IP case
Article 2018-07-24 11:26 pm By Christine Caulfield Melbourne

A judge has dismissed a bid by Australian auto electronics company Directed OE for an injunction stopping South Korean rival Hanhwa from supplying a new audio visual unit to truck company Izuzu it claims was developed using confidential information.

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MinterEllison settles claims over solar company collapse
Energy & Natural Resources 2018-07-24 10:02 pm By Christine Caulfield Melbourne

MinterEllison has resolved claims by two directors of failed Solar Shop Australia alleging the law firm, which was retained by the company to advise on a buyback scheme involving $15 million in shares owned by founder Adrian Ferraretto, breached its duty of care.

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Judge slams confidentiality clause in settlement of S&P class actions
Christopher Withers 2018-07-24 9:33 pm By Miklos Bolza Sydney

The judge weighing a record settlement in multiple class actions against S&P Global over toxic financial products said Tuesday there was “no way” he would sign off on the deal while it stipulated that all funds be returned to the ratings agency in the event the settlement amount is disclosed.

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Nudie family loses bid for frozen assets to fund legal woes
Appeals 2018-07-23 9:56 pm By Miklos Bolza Sydney

The Federal Court has dismissed an application by tax lawyer Michael Binetter and his wife Suzanne Binetter to dip into over $3 million in frozen assets to fund a case over an alleged $120 million international tax evasion scheme.

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Sony, Universal, Warner Music join case against Copyright Tribunal
Brendan Lim 2018-07-23 9:50 pm By Miklos Bolza Sydney

Entertainment industry titans Sony Music Entertainment, Universal Music and Warner Music have joined an appeal to the Full Federal Court challenging a licence granted by the Copyright Tribunal of Australia to Foxtel for the rights to certain yet-to-be-broadcast content and streaming rights.

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Re/Max, Resimax close to settling trade mark suit, judge told
Intellectual Property 2018-07-23 2:43 pm By Cat Fredenburgh Melbourne

International real estate franchisor Re/Max is close to settling a trade mark case it brought against competitor Resimax, a Federal Court judge has heard.

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Daiso fined $355,000 for selling dangerous toys
Competition & Consumer Protection 2018-07-23 12:11 pm By Christine Caulfield Melbourne

Japanese retail store Daiso has been fined $355,000 for selling dangerous products, including projectile toys, that did not comply with Australian safety standards.

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