Clive Palmer has appealed a court’s decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.
ASIC has won winding up orders against investment firm Falcon Capital and its managed investment scheme First Guardian Master Fund, after raising concerns about potential risks to investors.
A judge has given the Victorian unit of Roberts Co more time to put forward a deed of company arrangement that would save the builder from liquidation, noting liquidation could imperil its projects and subcontractors, who could not bring claims under the SOP Act if it was insolvent.
Newcastle council’s concerns about the street appeal of a Woolworths development have been brushed aside, with a court finding that reasonable minds may differ on the question of ‘high visual quality.’ On Tuesday, Justice John Robson of the NSW Land and Environment Court granted the development approval sought by Woolworths’ development unit Fabcot Pty Ltd,…
The engineering company behind the world-first Kwinana energy transformation hub in WA has lost a bid to strike out fraud claims from a case by the CFMEU over an enterprise agreement covering maintenance workers.
A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.
Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
That it once had a $100,000 bank cheque is not sufficient evidence to prove a funder behind a class action over the $16 billion WestConnex tunnel can meet a costs order in a feud with the applicants, an appeals court has said.
A court’s finding that EnergyAustralia is on the hook for portable long service leave for maintenance workers at its Yallourn power station because its “significant’ maintenance activities mean it’s ‘in the construction industry’ could affect energy, rail and telecommunications firms.