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Crown owns up to ‘serious and systemic’ breaches of money laundering laws
Allens 2023-03-01 5:29 pm By Sam Matthews Melbourne

Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.

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Boost Mobile sues Optus for ‘flagrant’ trade mark infringement
Ed Heerey 2023-03-01 4:40 pm By Cindy Cameronne Sydney

Boost Mobile has sued telecommunications giant Singtel Optus, alleging it “misappropriated” its goodwill by marketing services under a similar product name after Boost chose to move its mobile network to Telstra.

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Fitbit says ACCC must show why 45-day refund limit is not reasonable
ACCC 2023-03-01 4:20 pm By Cindy Cameronne Sydney

Google-owned Fitbit has denied ACCC allegations it misled consumers about their rights concerning faulty devices, and has challenged the regulator on its claim that it was obligated to refund customers who did not raise a complaint within 45 days of purchase or shipment.

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ASIC files first-ever action over whistleblower breaches against TerraCom
ASIC 2023-03-01 1:19 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has brought its first-ever case alleging breach of whistleblower protections against coal producer TerraCom, claiming it made misleading statements to the market that damaged a whistleblower’s reputation.

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K&L Gates lures real estate partner from Arnold Bloch Leibler
Arnold Bloch Leibler 2023-02-28 10:38 pm By Cat Fredenburgh

K&L Gates has snagged a partner from Arnold Bloch Leibler to bolster the real estate practice in its fast-growing Sydney office.

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Advanta beats back appeal in contaminated seeds class action
Agriculture 2023-02-28 9:55 pm By Sam Matthews Sydney

Advanta Seeds has won an appeal upholding the dismissal of a class action by sorghum farmers over allegedly contaminated seeds, with a court finding that the seed producer’s duty of care was negated by clear disclaimers.

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Funder’s $7M cut in Fonterra class action up in the air amid CFO uncertainty
Adley Burstyner 2023-02-28 8:47 pm By Sam Matthews Melbourne

A judge has indicated his willingness to approve a $25 million settlement in a class action against dairy co-op Fonterra, but deferred the question of the funder’s cut until after the Full Court rules on whether the court has the power to make a common fund order at settlement.

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In Jaguar Land Rover class action contest, ‘innovative’ funding model challenged
Automotive 2023-02-28 5:23 pm By Cindy Cameronne Sydney

A law firm has questioned an “innovative” funding model proposed by its rival in a contest to run a class action against Jaguar Land Rover over allegedly defective diesel filters in its vehicles.

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Question of power to make settlement CFOs sent back to Full Court
Ashurst 2023-02-28 4:27 pm By Christine Caulfield

The divisive issue of whether judges are empowered to make a common fund order to distribute the costs of a funding commission at the settlement stage of a class action is headed back to the Full Federal Court next week.

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First-ever greenwashing case by ASIC targets Mercer Super
ASIC 2023-02-28 10:28 am By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has launched the first-ever civil penalty case for greenwashing, alleging Mercer Superannuation misled investors about the sustainability of its investment options.

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