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Former PricewaterhouseCoopers CEO Thomas Seymour has been banned from registering as a tax agent for four years, after the regulator found he permitted a culture within the accounting firm of sharing confidential information.
A shareholder class action over BHP’s disclosures about a Brazilian dam that collapsed 10 years ago has settled for $110 million on the eve of trial, one of a handful of class actions to settle for over $100 million.
Regeneron and Bayer have lost their bid to block generic drug maker Sandoz from launching a biosimilar of their blockbuster eye drug Eylea.
Construction PRO
Japan-based Mitsui has sued Esso Australia and Woodside Energy, its partners in the Kipper gas field in the Bass Strait, disputing their claims that it owes $298 million in taxes and alleging it overpaid fees to the tune of $20.3 million.
Construction PRO
Eastlink operator ConnectEast has lost its bid for restitutionary interest after a judge found CityLink's operator overcharged tens of millions of dollars in toll roaming fees.
A judge has criticised the “unacceptably complex” trial of two regulatory cases and two underpayments class actions against Coles and Woolworths, delivering a ruling whose significance for the workers is not yet clear.
Construction PRO
A judge has ordered Adina West Melbourne to pay $2.3 million to Trenerry's West End LandCo, including $1 million in unpaid rent, despite finding COVID-19 lockdowns were a force majeure event under the lease.
Meta has lost its latest bid to strike out the consumer regulator’s case alleging it failed to put up “reasonable safeguards” to prevent scam cryptocurrency ads on its Facebook platform.
Two failed shareholder class actions against Commonwealth Bank have been returned to a judge to decide if 'no transaction' claims can still be pursued, a move CBA argues is a way to keep alive cases that are “truly dead”.
Construction PRO
Builder Icon has taken insurers Chubb and Mitsui Sumimoto to court, arguing it is entitled to claim $21 million for the costs of rectifying Sydney's Opal Tower development.