Macquarie Bank has denied liability for a financial adviser’s theft of $2.9 million in customer funds, which the Australian Securities and Investments Commission alleged was caused by the bank’s failure to monitor third-party withdrawals.
Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.
Toyota has lost a bid to trade mark the shape of its ‘spindle grille’, which features on models in its Lexus division, despite a finding it was used and heavily promoted in Australia for years.
Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.
A judge who will oversee an upcoming hearing for approval of a $20 million settlement in a class action against Optus contractor BSA has urged the parties to sever the funder’s commission and costs from the settlement to avoid delays in distribution to group members.
The full bench of the Fair Work Commission has thrown out Qantas’ bid to overturn the reinstatement of a trainer accused of staring at a flight attendant’s breasts and gazing into her eyes in a “distinguishably lewd” manner during a safety demonstration.
Construction giant Hutchinson has succeeded in bringing claims against a related entity of a Port Melbourne property developer over a $153 million project after alleging the developer was a “company of straw” that had no assets.
The Australian Conservation Foundation has brought proceedings against oil and gas producer Woodside Energy, arguing its Scarborough gas project in Western Australia cannot go ahead until its climate impacts are assessed.
The former general counsel of UK-based transit payment provider Littlepay was dismissed because her legal support was “problematic”, the fintech claims in response to allegations she faced bullying and discrimination upon returning to work after giving birth.
Crown Casino has been given conditional approval to reopen gaming operations in Sydney following its takeover by private equity firm Blackstone.