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A judge has raised concerns about a $6 million penalty proposed by the Australian Securities and Investments Commission against IOOF unit RI Advice for failing to rein in an adviser who reaped hefty commissions for steering clients towards risky investments.
Astora Women's Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that "financial difficulties" may prevent it from meeting any judgment if the case succeeds at trial.
The Australian Securities and Investments Commission is challenging a ruling that threw out half the criminal charges against direct bank Members Equity, arguing the statute of limitations doesn't apply to serious corporate misconduct.
BHP's policy requiring Queensland workers to be vaccinated against COVID-19 and show proof of the jab has withstood a challenge from mining unions that claimed the rule was unreasonable and breached the Privacy Act.
Former Liberal power broker Marcus Bastiaan has accused Nine Entertainment of hiding behind “the cloak of journalistic professional privilege” in refusing to provide documentary evidence concerning the production of an alleged defamatory 60 Minutes report.
Judgment day has arrived in a legal battle over the $420 million sale of the Joe White malt business so epic four silks on the case were elevated to judgeships during its long run, but losing party Viterra has not ruled out an appeal.
Food giant Cargill Australia has won its lawsuit against Glencore-owned Viterra alleging it misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.
Liberal MP Andrew Laming has slammed the Nine Network for attempting to “bully and harass” him with its contextual truth defence to his lawsuit over an allegedly defamatory news segment that accused the Queensland politician of taking a lewd photograph.
A judge who has been an enthusiastic lab rat in the virtual hearing experiment forced on the country's courts by the COVID-19 pandemic has expressed doubts that he is accurately reading witnessses giving remote evidence.
An appeals court has unanimously rejected the Commissioner of Taxation’s latest bid to block Shell’s $2.3 billion tax deduction for the cost of exploration activities conducted as part of the Browse LNG project off the coast of Western Australia.