A group representing insurers has filed another test case over pandemic coverage in business interruption policies, following a landmark loss in a test case concerning an infectious disease exclusion that could cost insurers $10 billion.
Legal experts say a new policy unveiled by ASIC allowing individuals involved in serious violations of the Corporations Act to seek immunity in exchange for blowing the whistle on their co-conspirators will go a long way towards helping the regulator uncover “hidden and secretive” misconduct.
A royal commission has been established in Victoria to look into whether Crown Melbourne is suitable to hold a casino licence in the state, following a damning report from the NSW gaming authority.
Creditors of the company run by missing Sydney businesswoman Melissa Caddick are unlikely to recoup their investments, with a court hearing the accused fraudster has just $5,600 in her bank accounts.
COVID-19 vaccinations will begin this week, but most employers won’t be able to force staff to get the jab.
HWL Ebsworth has settled with a former partner who filed a lawsuit claiming the firm and managing partner Juan Martinez failed to pay her money she was owed because she did not support the law firm’s aborted plan to go public.
The Morrison government will reportedly make permanent changes to the continuous disclosure laws that were introduced at the height of the COVID-19 pandemic, as part of a wider effort to crack down on class action litigation.
PricewaterhouseCoopers is looking to shut down a class action by irate bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.
A $37.75 million settlement has been reached in a shareholder class action against Estia Health that accused the aged care provider of failing to disclose difficulties in its 2015 and 2016 acquisition strategy.
A court has confirmed reports of “inappropriate conduct” by one of its judges who was reportedly seen kissing his female associate at a nightclub.