Events

An appeals court has shaved nine months off ex-investment banker Rodney Forrest's prison sentence for insider trading, after he accessed confidential information from the computer of Platinum Asset Management's chairman about a takeover offer.

The Toowoomba Council has asked the High Court to overturn a ruling which found that a 4,000-space car park it operates at the Grand Central shopping centre, where its employees are allowed to park, qualifies as a commercial parking station that is subject to tax. 

A developer has defeated a golf driving range’s challenge to plans for a major residential development on the Fraser Coast in Queensland, with a judge finding it was barred from bringing the appeal by an earlier $500,000 settlement.

ASIC has wrapped up its case against regional airline Rex without evidence from its former executive chairman, who reversed course this week and admitted he misled investors and breached his directors duties.

ASIC is appealing the dismissal of its case against software company Nuix over representations in a prospectus for its $1.7 billion float, saying it was concerned the court got it wrong.

A Qube unit and a developer have lost their bid to revive a $20 million suit against the Department of Defence over asbestos contamination at the Moorebank Intermodal Precinct, with an appeals court finding the department wasn't required to return the land to "pristine" condition.

The law firm running a class action against Harvey Norman has won a 30 per cent group costs order, with a judge noting the trend towards “gradual increases” in contingency fee rates. 

Two former JLL executives have resolved defamation proceedings against the publisher of The Australian over articles that claimed they went to strip clubs and sent lewd messages to an in-house WhatsApp group. 

The corporate regulator has filed proceedings alleging superannuation trustee Equity Trustees failed to act in members' best interests by allowing them to sink $65 million into Falcon Capital's First Guardian Master Fund.

Zip Co has reached an agreement to acquire the 'Zip' trade mark from non-bank lender Firstmac, after the High Court rejected its honest concurrent use defence last week.