The Australian Securities and Investments Commission will not seek to enforce a $7.2 million penalty agreed to by Dixon Advisory after admitting to the regulatorâs allegations that it failed to act in its clients’ best interests.
A lawyer has had his name struck off the roll for misconduct that ârepresented a gross departure from proper professional standards,â including making false claims for Legal Aid disbursements.
Payday lenders Cigno and BHF have filed High Court challenges to a judgment which found they could not bypass lender obligations contained in the Credit Code, warning the judgment could subject buy now, pay later schemes to the Code.
A judge has slashed engineering services firm CIMIC Groupâs ten insurance claims in half, finding that the company failed to notify five insurers of a handwritten document dubbed the âIraq file noteâ in relation to its claims for coverage of costs arising from allegations it engaged in corrupt practices, including bribing Iraqi officials.
Honda has admitted to the Australian Competition and Consumer Commission’s claims that it mislead the customers of two former authorised dealerships, but is seeking to avoid pecuniary penalties for the âaccidentalâ misconduct.
Clive Palmerâs mining company Mineralogy has lost a bid to stay an expert determination process in a royalties dispute with Adani, with a judge ruling that the court should not âlightly disregardâ decisions to resolve disputes by expert determination rather than court-based litigation.
A government-approved plan to build a waste facility in western Tasmania has been parked, after environmental campaigners won a judgment declaring the federal governmentâs approval of the proposed tailings storage facility was invalid.
A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as ânot within the rangeâ, saying the impact of the rideshare giant’s misleading conduct appeared to be “trivial”.
Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.