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Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to back out of its construction contract for the $696 million Kwinana waste-to-energy plant, and has warned the company it faces a difficult task to persuade the court of its case.
Sparke Helmore was negligent in failing to alert developer to looming deadlines, court finds
Law firm Sparke Helmore acted negligently by failing to adequately advise a New South Wales property developer about extension of time notices that were needed to prevent two lucrative contracts from falling through, a judge has found.
Franchisee lawsuit accuses Quest of ‘unfair’ termination tactics
Quest Serviced Apartments is using unfair tactics to unlawfully terminate franchise agreements, according to a lawsuit by a franchisee that is fighting to keep its doors open after COVID-19 restrictions forced closures across the country.
Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.
Sparke Helmore partner engaged in ‘blatant cover-up’ to hide oversight, trial told
The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.
ASIC takes digital lender Ferratum to court for overcharging borrowers
The Australian Securities and Investments Commission has accused Finnish microloan company Ferratum of overcharging vulnerable, low-income consumers during the height of the COVID-19 pandemic.
Employsure wins case against former employees who jumped ship to rival
Workplace relations heavyweight Employsure has won its case against rival ELMO Software and two former employees who sought to jump ship to a competitor in breach of their employment contracts and fiduciary duties.
ACCC wins first ever individual guilty plea in criminal cartel case
The former export manager of pharmaceutical ingredient company Alkaloids of Australia has pleaded guilty to three counts of price-fixing, the first ever guilty plea by an individual to criminal cartel conduct.
Tax commissioner defamed accountant Vanda Gould but has valid defence
Embattled Sydney accountant Vanda Gould has lost his defamation case against the Commissioner of Taxation, with a court finding Chris Jordan’s defamatory comments constituted a “robust”, but proportional, counter-attack to Gould’s public disparagement of the Australian Tax Office.
Law firms need to do more to boost diversity in legal profession, NSW Law Society says
The NSW Law Society says law firms should consider equitable briefing and setting quotas to improve cultural diversity in the legal profession, saying more needs to be done to make the industry more inclusive.