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‘Wolf trader’ can wait until ASIC shows its cards, judge says
ASIC 2022-02-25 3:32 pm By Bianca Hrovat

The self-declared “wolf trader” of the Gold Coast, Tyson Scholz, will not have to provide a concise statement in response to the Australian Securities and Investments Commission’s case accusing him of providing unlicensed financial services, a judge has ruled.

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Leading M&A lawyer elected chair of MinterEllison
Business of Law 2022-02-24 9:46 pm By Bianca Hrovat

Australia’s largest law firm MinterEllison has announced the election of leading mergers and acquisitions and government practice lawyer Andrew Rentoul to the position of chairman.

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Senator Matt Canavan’s brother can probe claims against Glencore
Arnold Bloch Leibler 2022-02-23 6:16 pm By Miklos Bolza

The brother of Liberal Senator and former resources minister Matt Canavan can investigate potential claims against Glencore in his long running legal spat over the Rolleston coal mine, after a court greenlit his bid for the appointment of special purpose liquidators.

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

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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Judge won’t block disciplinary action against unvaccinated Qantas staff
Ashurst 2022-01-24 5:18 pm By Bianca Hrovat

A judge has dismissed an urgent application to block Qantas from taking disciplinary action against unvaccinated employees, but the airline has committed to extending their leave with pay until a challenge to its COVID-19 vaccination policy can be heard.

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Insurers win $3.2M lawsuit over COVID-related cancellation of Big Red Bash festival
Chief Justice James Allsop 2022-01-19 9:29 pm By Bianca Hrovat

Insurers have triumphed in a lawsuit over coverage for the $3.2 million cancellation of the Big Red Bash outback music festival during the first wave of the coronavirus pandemic, with a judge finding a communicable disease exclusion in the organiser’s event cancellation policy was engaged.

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Airbnb host loses bid for Jobkeeper payments
ATO 2022-01-13 1:05 pm By Bianca Hrovat

An Airbnb host’s claim for JobKeeper payments has been shot down, with a tribunal saying the accommodation of paying guests at one’s own home did not constitute a business.

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Funder of Qld energy class action takes on MIS rules in appeal
Adam Hochroth 2021-12-16 7:00 pm By Miklos Bolza

A litigation funder has taken aim at a landmark judgment in an appeal of a ruling that found its funding arrangement with group members in a class action against Queensland energy suppliers was a managed investment scheme.

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ASIC takes ‘wolf’ trader Tyson Scholz to court
ASIC 2021-12-13 4:53 pm By Bianca Hrovat

The Australian Securities and Investments Commission has launched court proceedings against the self-proclaimed ‘wolf’ of the ASX, social media celebrity Tyson Scholz for allegedly providing financial services without a licence.

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Qantas in court battle over failed $35M flight academy partnership
Aviation 2021-12-10 11:17 am By Bianca Hrovat

Qantas is locked in a legal battle with a US-based pilot training provider over failed negotiations concerning the development of a $35 million pilot academy in regional Queensland.

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