ASIC claims non-bank lender Oak Capital engaged in unconscionable conduct by deliberating employing a business model to skirt the National Credit Code when issuing $37 million in loans.
S&P is free to pay for a Rolls-Royce defence in “Rolls-Royce litigation” that alleges the agency engaged in fraud in assigning ratings to risky financial products, a judge has said.
Dairy company Care A2 has settled a dispute with Gensco Laboratories over an agreement to distribute its infant formula in the US that went sour.
Richard White, the billionaire founder of logistics company WiseTech Global, has stepped down from his position as CEO amid media reports of bullying and inappropriate conduct.
The High Court has been asked to take up an appeal by insurers over coverage for the class action defence costs of Opal Tower’s consultant engineer.
Optus has struck back at ACMA’s claim that a cyberattack that exposed the information of around 10 million customers was not a “highly sophisticated” operation.
The High Court has been asked to revive a class action over Sydney’s light rail construction and weigh in on whether litigation funders can claim their commissions as damages.
Qantas has been ordered to pay $170,000 to three baggage handlers who were illegally sacked and replaced with contractors during the COVID-19 pandemic.
The funder and law firm that ran a shareholder class action against Mayne Pharma are seeking deductions that would leave more than half of a $38 million settlement for group members.
Seven has won a suppression order over an ex-Spotlight reporter’s claim, with a judge finding that public access to the “colourful and embarrassing” claim could adversely affect mediation.