JUDGMENTS – NEW SOUTH WALES

Dobbed in, found guilty

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Original article by Misa Han
The Australian Financial Review – Page: 1 & 2 : 3-Jun-16

Former investment banker Oliver Curtis could be jailed for up to five years after being convicted of conspiracy to commit insider trading. The Australian Securities & Investments Commission had alleged that he profited by using market-sensitive information to trade contracts for difference in 2007 and 2008. Curtis had used inside information supplied by co-conspirator John Hartman, an equities dealer at Orion Asset Management. Hartman has served a 15-month jail term, and received a reduced sentence for providing evidence against Curtis.

CORPORATES
ORION ASSET MANAGEMENT (AUST) PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, MACQUARIE GROUP LIMITED – ASX MQG, LYNAS CORPORATION LIMITED – ASX LYC, CLIFFORD CHANCE

WIN loses streaming battle against Nine

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Original article by Max Mason
The Australian Financial Review – Page: 3 : 29-Apr-16

The Supreme Court of New South Wales has dismissed WIN Corporation’s application for an injunction to stop Nine Entertainment Company from streaming its metropolitan TV channels into regional markets. Justice David Hammerschlag has ruled that live streaming does not constitute broadcasting under the parties’ affiliation agreement. WIN CEO Andrew Lancaster says the judgment demonstrates the need to scrap the "reach rule". The ruling may affect other regional broadcasters in negotiating new affiliation agreements.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, SUPREME COURT OF NEW SOUTH WALES, PRIME MEDIA GROUP LIMITED – ASX PRT, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED – ASX TEN, BIRKETU PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS