Events

The Australian provider of the Kraken crypto exchange has told a court that its margin trading product is not a credit facility, rejecting the corporate regulator’s “overly broad” definition of the word ‘credit’. 

The former chief executive officer of the North Australian Aboriginal Justice Agency has won her case alleging she was unfairly dismissed after complaining about the CFO, with a judge finding there was "extreme" unfairness in the decision to terminate.

The Australian Energy Regulator has filed proceedings against several units of Origin Energy, after they admitted to breaching life support obligations for 5,000 customers over three years, including deregistering or disconnecting premises where someone was receiving life support. 

Law firm HWL Ebsworth is facing a representative complaint filed with the Office of the Australian Information Commissioner over a 2023 cyber attack, which allegedly compromised the data of 65 government agencies and affected NDIS participants. 

A class action on behalf of Axsesstoday bondholders has reached a settlement with accountants PricewaterhouseCoopers, with a court hearing that group members will get almost 50 per cent of the proceeds. 

In a landmark competition case, Apple has told the Federal Court that Epic Games and other developers should not be allowed to "freeride" on the resources and user base the tech giant has “spent many billions” to develop. 

Defunct microloan company Ferratum has been hit with $16 million in penalties for overcharging low-income consumers during the height of the COVID-19 pandemic, with a judge noting the company's conduct affected a large number of vulnerable customers.

Stockbroking firm Ord Minnett has challenged a judgment that found it must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, a decision that could have major repercussions through the industry.

A former ATO worker who accused his employer of using heavy handed debt collection tactics against taxpayers has lost his second bid for immunity from prosecution, with an appeals court finding that whistleblowing laws only protect the disclosure itself. 

Network Ten has won $2 million in costs against Bruce Lehrmann in his failed defamation case over the broadcaster's coverage of Brittany Higgins' rape allegations, after agreeing to a substantial haircut on its $3.7 million legal bill.