Kate Slack

The Catholic church can’t be on the hook for sexual abuse by priests because the principle of vicarious liability is limited to the employment relationship, the High Court has found.

ASIC has escaped an individual insolvency practitioner’s bid for indemnity costs in its failed case alleging illegal phoenix activity, with a judge finding the regulator did not unreasonably reject a settlement offer that would have netted it “a considerably better result” than it won at trial.

The corporate regulator has failed in its case targeting an individual insolvency practitioner for alleged illegal phoenix activity.