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Melbourne University taken to court for adverse action against casual academics
Contracts 2022-08-11 11:18 pm By Sam Matthews Melbourne

The Fair Work Ombudsman has taken the University of Melbourne to court, alleging it took adverse action against two casual academics to prevent them from claiming payment for work performed outside of their contracted hours.

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Mercedes ‘laid open’ its legal advice in $650M dealer lawsuit, court told
Automotive 2022-08-10 10:02 pm By Cindy Cameronne Sydney

Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model are seeking to access legal advice given to the car manufacturer on non-renewal notices at the heart of the case.

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Norton Rose Fulbright hit with two negligence suits over property sale advice
Contracts 2022-08-09 11:13 pm By Sam Matthews Melbourne

Norton Rose Fulbright has been hit with two negligence suits in a week blaming the law firm for botched property sales in Victoria six years ago.

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IPO Wealth trustee refusing to leave rooms at Yarra Valley Lodge, suit says
Colin Biggers & Paisley 2022-08-05 5:03 pm By Sam Matthews Melbourne

A Melbourne-based investment management group is refusing to vacate two rooms forming part of a managed investment scheme at the Yarra Valley Lodge Hotel, according to a lawsuit filed by the Australian and Pacific Investment Corporation.

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‘No brainer’ that Arrium was failing when directors drew down funds, court told
Amy Munro 2022-08-02 11:09 pm By Cindy Cameronne Sydney

Several lenders have appealed a ruling that found they failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse, saying it was a “no brainer” that the company was in dire straits when its directors sought extra funds.

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Chubb falls short in $2.3M dispute over coverage for Inchcape ransomware attack
Contracts 2022-08-01 5:53 pm By Cindy Cameronne Sydney

A judge who lashed “unsatisfactory cooperation” between Chubb and British automotive distributor Inchcape has found the insurer’s policy covers some but not all costs stemming from a cyber attack which allegedly caused over $4 million in loss.

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Bell Potter defeats $10M lawsuit over 1 minute trading call
Alexander Langshaw 2022-08-01 3:32 pm By Cindy Cameronne Sydney

Bell Potter has defeated a lawsuit by Nicholas Bolton’s Keybridge Capital over a 2015 phone call which lasted one minute and 18 seconds in which the investment firm was accused of committing its client to buy $10 million worth of shares in defunct Molopo Energy.

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Mineralogy can’t take royalties dispute with Adani to court
Alexander Law 2022-07-26 2:57 pm By Sam Matthews Melbourne

Clive Palmer’s mining company Mineralogy has lost a bid to stay an expert determination process in a royalties dispute with Adani, with a judge ruling that the court should not “lightly disregard” decisions to resolve disputes by expert determination rather than court-based litigation.

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SMBC sues Humm for $34M in worthless receivables linked to Forum Finance
Competition & Consumer Protection 2022-07-21 9:50 pm By Cindy Cameronne Sydney

Japanese bank SMBC has brought a $33.6M lawsuit against fintech Humm Group after its subsidiary Flexirent allegedly misled the bank about receivables under allegedly forged contracts between a Forum Group entity and Veolia Environmental Services.

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Epoch Capital accuses analyst of taking confidential info
Andre Zahra 2022-07-20 11:56 pm By Cindy Cameronne Sydney

Trading firm Epoch Capital has brought proceedings against a quantitative analyst who allegedly downloaded confidential information from the firm’s computers.

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