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A former cryptocurrency boss who faces a criminal investigation by ASIC is on the hook for a $10.3 million Bitcoin payout to a former employee, a court has found.
A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC's action against the director has failed, with a judge finding the regulator was "entirely indifferent" to the circumstances of the case.
Sunshine Loans wants the High Court to weigh in on an appeals court's decision that overturned the recusal of a judge from deciding the penalty in ASIC's case over unauthorised fees.
CBA-backed climate venture capital firm Wollemi has won its bid to block the family company of Tesla CEO Robyn Denholm from registering ‘Wollemi Capital Group’ as a trade mark.
Keybridge CEO Nick Bolton has won a stay of orders ending the company's administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath's computing process.
The Full Court has granted a cross-appeal by crypto currency provider Block Earner, finding its did not need a financial services licence because its crypto product is not a financial product.
A judge has lambasted the corporate regulator’s decision to yield to FIIG Securities’ pleadings demands in its sophomore cyber enforcement case, but said he was “happy to let ASIC flounder” if it would not put up a fight.
A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”.
The applicant in a failed class action by members of NAB's MLC Super fund can't access a settlement deed in a separate class action against the fund trustee, which resolved days after the applicant's case was thrown out.