A judge has signed off on an agreed-to $5 million penalty against Noumi in ASIC proceedings for violating its continuous disclosure obligations and found the food company’s non-disclosures caused it shares to trade at an inflated price.
Now-defunct sushi chain Sushi Bay has been slapped with penalties totalling more than $15 million, with a court calling its long history of staff underpayments âcalculatedâ and âaudaciousâ.
A judge has rejected Lendleaseâs argument that Queensland building legislation does not apply to cross-border works carried out at Gold Coast Airport, saying the builderâs construction of the law would require a âbolt-by-boltâ analysis of construction work.
Two judges have declined to award carriage of a class action against International Capital Markets over risky derivative products to a firm accused of plagiarising its rivals’ pleading.
As another trial traversing the rape allegations of former political staffer Brittany Higgins gets underway, a lawyer for Senator Linda Reynolds has told a court Higgins’ claim she was pressured not to pursue a complaint against Bruce Lehrmann was the stuff of fairytales.
A law firm partner has avoided personal liability for costs after expert reports were filed late in a dispute with developer Mirvac over alleged defects in a Sydney apartment complex, having walked back an appeal to âcompeting commitmentsâ that didnât wash in court.Â
The Legal Practice Board’s decision to audit lawyers at a compensation firm following a complaint about paralegals allegedly engaging in unqualified legal practice has been quashed, with a court finding the law didn’t permit investigation of individual solicitors.
A Gadens-led class action against former Quintis director Frank Wilson has settled, but a second class action filed by a rival firm has flagged a potential claim on the settlement funds over a cause of action said to have been âpicked up parasiticallyâ.Â
Plaintiff firm Maurice Blackburn will foot the bill for the unsuccessful class action against Monsanto over weed killer Roundup, but the company’s reluctance to split the trial in two has come back to bite it.
The Queensland Court of Appeal has knocked back a challenge by jailed investment guru Dr Roger Munro to his conviction on three counts of fraud, which landed him a four-and-a-half month prison sentence.