A judge has ordered that part of a decision by the Australian Taxation Office over three alleged schemes by Liberty Financial to obtain tax benefits be set aside, rejecting arguments that the corporate groupâs operations were âartificial or contrivedâ.
A judge has signed off on a $1.55 million settlement to resolve two underpayments class actions against supermarket chain Romeoâs, but has reduced the pay out to the law firm running the cases by 25 per cent, saying the firm had “no legal entitlement” to the fees.
Insurer for cladding manufacturer Fairview Architectural, Vero Insurance, will argue a $190 million policy does not cover claims in a class action alleging combustible cladding caused losses for property owners, a court has heard.
The federal prosecutor has argued that the former export manager of pharmaceutical ingredient producer Alkaloids of Australia should serve prison time after pleading guilty to cartel conduct over the supply of a key chemical in generic stomach cramp drugs.
Facebook owner Meta has filed a bid to pause a case by the consumer regulator over scam cryptocurrency advertisements until the determination of a private criminal action brought by mining magnate Andrew Forrest.
Lighthouse Corporation was holding “a gun to the headâ of the court in seeking to adjourn a $480,000 bid for security in a dispute with East Timor over $328 million in alleged losses from a failed fuel supply agreement, a judge has said.
Mineralogy has secured unconditional court approval to drop one of the “battle fronts” in its war with CITIC units Sino Iron and Korean Steel, with a judge refusing to impose a “price” on the discontinuance in the form of an undertaking not to revive the claims.
Noni B owner Mosaic Brands has paid $266,400 in fines after allegedly misleading customers about selling âFDA approvedâ face masks and âACCC approvedâ hot water bottles.
Animal-free dairy and protein company Perfect Day is trying again to patent a composition that it says makes superior vegan cheese and butter, after New Zealand dairy company Fonterra succeeded in opposing its bid to patent the invention.
The only female partner at global technology research firm Information Services Group has sued her employer for alleged sex discrimination and harassment, saying the company is a âhostile environmentâ for senior women employees.