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Macquarie Bank fined almost $5M for market gatekeeper failures
Macquarie Bank has been fined a record $4.995 million for failing to stop the placement of suspicious orders on the electricity futures market.
Vanguard hit with record $12.9M penalty in ASIC greenwashing case
Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.
Clive Palmer’s nephew fails in appeal of contempt findings
The nephew of Clive Palmer and former director of Queensland Nickel has failed to reverse a decision rejecting his bid to dismiss contempt proceedings related to the company’s collapse.
Suit alleges barrister used $1.3M of his company’s funds for chambers fees
Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees. 
Legal secretary’s ‘spiteful’ case against Gadens gets the boot
The Fair Work Commission has dismissed a six-year-old unfair dismissal case against Gadens, describing the case as part of an apparent “spiteful campaign” against the firm. 
High Court asked to overrule Brewster in solicitors’ CFO case
If it takes up the Federal Court's ruling in favour of solicitors seeking to earn a cut from a class action, the High Court will be asked to overrule its 2019 decision against common fund orders.
Justin Hemmes’ Establishment wins trade mark spat with restaurant
Sydney hospitality mogul Justin Hemmes has prevailed in a trade mark stoush with Brisbane restaurant Establishment 203.
Alceon hit with $3M in damages for ‘misleading’ sale of Qld shopping centre
Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.
Super Retail appeal to have ‘significant impact’ on settlements, court told
Super Retail's appeal of a decision refusing to suppress the terms of an alleged settlement with its former top lawyer raises important questions about without prejudice negotiations, a court has heard.
REST’s reliance on law firms’ advice a winning defence in ASIC case
A judge has tossed ASIC's case against REST over alleged misleading representations, finding the representations were statements of opinion reasonably held based on the advice of lawyers.