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Star accounts for $150M in likely penalties after ASIC ‘raises concerns’
The corporate regulator voiced concerns with Star Entertainment over its 2022 financial report, which it said made no provision for likely fines faced by the casino operator for lax compliance with money laundering laws.
ASIC takes Noumi, top executives to court over 2019 financial reports
The corporate watchdog has brought action against former Freedom Foods Group and its former CEO and CFO for alleged disclosure breaches relating to inventory values in its 2019 financial reports.
Class action can’t get cladding sales figures from 3A Composites’ supplier
A class action by property owners against the manufacturer and supplier of alleged combustible cladding has lost a bid for sales figures to estimate the value of their claims as the parties head into settlement negotiations next month.
David Jones, Politix to back pay workers $4M in agreement with FWO
Department store David Jones and men's fashion label Politix have admitted underpaying more than 7,000 employees and will back-pay the workers $4 million in wages and superannuation.
Retired Federal Court judge joins DLA Piper as senior advisor
A Federal Court judge who stepped down from the bench in December is joining global law firm DLA Piper after just four months in retirement.
Sunwater asks High Court to hear floods class action coverage spat
Dam services provider Sunwater has asked the High Court to take its side in a dispute over insurance coverage for a $440 million class action settlement with victims of the 2010-2011 floods in Queensland.
Why we should all be worried about the court’s new media access rules
The Federal Court has dialled back a controversial rule change restricting public access to new cases, but the latest procedure is a laughable attempt to retreat from the attack on open justice and should make even litigants nervous.
King & Wood Mallesons drops Ye in case against College Dropout Burgers
Big Six firm King & Wood Mallesons has withdrawn its representation of US rapper Ye in his case against a small Melbourne restaurant after the artist reportedly failed to instruct his lawyers.
ACCC accuses Swift Networks of fixing prices for internet at Rio Tinto mines
Technology company Swift Networks has been taken to court for alleged bid rigging and price fixing in the tender process for IT and communications equipment supply to five Rio Tinto and Fortescue Metals mining sites in WA's Pilbara region.
Two more class actions target Hyundai, Kia over ‘defective’ engines
Hyundai and Kia have been hit with new class actions alleging the Korean car makers knew of engine issues in cars sold in Australia as far back as 2015.