Industries

Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.

The judge overseeing a case by the liquidators of real estate investment firm Global Capital Property Fund won't allow two GCPF directors to appear on behalf of related companies named in the case, saying they would not be able to act “independently and objectively”.

Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount. 

Newcastle University has hit back at a class action over an unaccredited engineering degree, saying students can still get jobs and it is a simple “administrative” task to become members of the professional body for engineers.

Goodman Group has touted its 6 GW power bank at sites across Australia, Europe and North America, amid predictions for skyrocketing demand for digital infrastructure.

Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.

Alcoa has been hit with a $55 million fine for clearing land in Western Australia's Northern Jarrah Forest without seeking approval, but environmental groups say the penalty is a slap on the wrist for the US mining giant.

An oversight in a trade secrets fight between telcos SPN and Pennytel means the matter was never formally dismissed, making Pennytel's appeal premature in a set of circumstances a judge has described as a "joke". 

A judge has found that an ICC arbitration brought by Downer against Squadron Energy and a fellow contractor on the Murra Warra wind farm in Victoria was not validly commenced, upholding a hybrid arbitration clause in their agreement.

Corporates, regulators and lawyers alike will be poring over the Federal Court's reasons on Monday for dismissing a pivotal greenwashing case against gas giant Santos, but experts say the 250-page judgment is unlikely to deter further litigation.