Peter Collinson

Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders. 

A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.

The High Court has declined to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.

BHP has pushed back on reply submissions in a shareholder class action which the energy company says mistakenly interpret an internal report as putting the risk of collapse of BHP's wastewater dam in Brazil at 25 to 50 per cent. 

The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.

An appeals court has dismissed the corporate regulator's "logically inconsistent" appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.

On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff's law firm, according to a decision published Friday.

A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.

After more than a decade, luxury home builder Glenvill is a step closer to remediation for an asbestos clean-up at an industrial site in the Melbourne suburb of Alphington, purchased from Amcor for residential development.