Gina Rinehart’s Hancock Prospecting has avoided a discovery order that would cost an estimated $3 million to comply with, with a judge instead ordering that limited discovery be given to two Rinehart children in an ongoing family dispute over titles for the Hope Down iron ore mine.
Sydney retail personality Con Constantine has lost an appeal seeking to bolster a $4.25 million judgment in his favour over the $81.8 million Parklea Markets sale in 2016.
Fintech software solutions company IOUPay has been granted relief from the court after issuing 20 million shares without lodging a cleansing notice with the Australian Securities Exchange.
Prosecutors have withdrawn two-thirds of the charges in a criminal cartel case over a $2.5 billion ANZ share placement and have dropped their case against former Citigroup CEO Stephen Roberts, according to a lawyer in the case.
A judge has found PwC should face a claim that it engaged in misleading and deceptive conduct while assisting Chinese lender Aoyin with its planned launch in Australia by failing to properly advise the company there was a risk its shareholders did not comply with APRA’s ‘fit and proper’ requirement.
A judge has dismissed two cases brought by the Commonwealth Bank, Westpac and other lenders against directors of the failed steel giant Arrium, saying he was not satisfied the directors’ representations on loan drawdown notices were false or that the company was insolvent when it went into voluntary administration in April 2016.
Worleyâs increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a âdrop in the oceanâ, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
A judge has thrown out a protester’s lawsuit challenging Victoria’s stay-at-home orders during the state’s extended lockdown last year, saying the relevant provisions in the government’s emergency legislation were valid “in all their potential operations”.
The maker of Finish dishwashing products is seeking an urgent injunction to clear a competitorâs products from supermarket shelves, alleging trademark infringement over âdeceptively similarâ packaging depicting dishwasher gel caps.
International sporting goods giant Decathlon has been ordered to pay a $1.5 million penalty for selling hundreds of basketball hoops and inflatable swimming pools that did not comply with mandatory safety standards.