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PepsiCo takes ATO to court for taxing bottling payments by Schweppes
ATO 2022-02-23 3:30 pm By Miklos Bolza Sydney

PepsiCo has launched proceedings disputing claims by the Australian Taxation Office that amounts paid by Schweppes for local bottling and distribution services were royalties and had to be taxed accordingly.

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Lawyers plan second class action against Scenic Tours over disrupted European cruises
Class Actions 2022-02-23 2:52 pm By Bianca Hrovat Sydney

Scenic Tours is facing a potential second class action over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.

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Wotif founder ordered to pay $15M in aquaculture share dispute
Agriculture 2022-02-23 2:28 pm By Miklos Bolza Sydney

Philanthropist and Wotif founder Graeme Wood will have to pay more than $15 million after the Victoria Supreme Court found one of his companies had breached an agreement to act as guarantor for the $73 million sale of a Queensland aquaculture business.

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Hall & Wilcox boosts finance, corporate expertise with hire of Reserve Bank deputy GC
Business of Law 2022-02-23 10:12 am By Bianca Hrovat Sydney

Hall & Wilcox has lured a senior finance, corporate and regulatory lawyer from the Reserve Bank of Australia, in what is being described as a major coup for the practice.

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Noumi to foot Blue Diamond’s legal bill as part of $48M settlement
Albert Dinelli 2022-02-22 10:31 pm By Cat Fredenburgh Melbourne

Noumi, formerly known as Freedom Foods, has agreed to pay $860,000 in Blue Diamond Growers’ costs as part of a $48 million settlement of a legal spat over a licensing deal to sell Almond Breeze milk, which the food maker unsuccessfully argued should be heard in Australia.

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GetSwift appeals judgment scathing of ‘PR-driven’ approach to disclosures
Alan Shearer 2022-02-22 10:28 pm By Christine Caulfield Melbourne

Logistics company GetSwift and its directors are appealing a win for ASIC in the regulator’s case that alleged they breached their continuous disclosure obligations and engaged in misleading and deceptive conduct in the release of 22 ASX announcements.

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Funder may walk if 40% group costs order rejected in Arrium class action
Ashurst 2022-02-22 9:33 pm By Miklos Bolza Sydney

A funder that’s helping foot the bill in a class action against Arrium’s former directors and KPMG may withdraw support if the law firm that’s running it is not granted an order awarding it 40 per cent of any award or settlement.

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Maurice Blackburn ‘more savvy than the rest of us’, judge says in Fearless Girl spat
Appeals 2022-02-22 9:21 pm By Bianca Hrovat Sydney

A Full Federal Court judge has questioned whether law firm Maurice Blackburn was “savvy” to the origins of New York’s famous Fearless Girl statue when it launched a copycat marketing campaign in Melbourne’s Federation Square.

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Virgin Australia may face class action over 2019 prospectus
Class Actions 2022-02-22 6:55 pm By Sam Matthews Melbourne

Virgin Australia is facing a shareholder class action investigation over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, issued six months before the airline filed for administration.

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Judge trashes Energy Beverages’ ‘Mother’ trade marks
Ben Cameron 2022-02-22 5:56 pm By Sam Matthews Melbourne

Energy Beverages, which makes Mother brand energy drinks, has failed to convince a judge that two of its ‘Mother’ trade marks should not be removed for non-use.

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