Lockdown orders by the Victorian government and an international travel ban in place last year during the first wave of COVID-19 did not trigger a business interruption clause in an IAG policy at the centre of a test case brought by insurers, a judge heard Monday.
Accounting giant PricewaterhouseCoopers used one of its legally qualified partners as a “postbox” to provide a “cloak of privilege” to work conducted for meat processing company JBS, the Commissioner of Taxation has told the Federal Court.
An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASICâs claims in the novel case, describing the regulatorâs further amended statement of claim as âgrossly unfairâ and âcompletely incoherentâ.
Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the global financial crisis, with an appeals court finding the investors had not shown the breaches caused any loss.
Men’s briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the ‘Aussiest undies ever’.
The makers of Finish dishwashing products has secured an injunction keeping rival Somat products branded with an allegedly infringing logo from supermarket shelves until the Federal Court decides a high-stakes trade mark battle.
A former senior executive of TechnologyOne wants the High Court to take up his unfair dismissal case after the software company won its challenge to his $5.2 million win.
Insurance Australia has been hit with a class action by business owners whose claims for business interruption losses caused by the COVID-19 pandemic have been denied.
The applicant in a class action against PricewaterhouseCoopers over a $50 million bond prospectus for asset finance lender Axsesstoday has dropped claims accusing the accounting giant of being involved in the company’s alleged misrepresentations.
Liquidators for Forum Finance have won court approval to sell a $1.2 million Mangusta luxury yacht as well as 12 properties owned by various companies within the Forum Group.