Airservices Australia has succeeded in overturning a āmanifestly unreasonableā $72,450 fine, but otherwise failed in its appeal of a decision which found it breached an enterprise agreement by withdrawing guidelines for standby shifts for air traffic controllers.
Investors in Mayfair Groupās collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fundās trustee misled unit holders.
Investors in Mayfair Groupās collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fundās trustee misled unit holders.
A judge has ordered that part of a decision by the Australian Taxation Office over three alleged schemes by Liberty Financial to obtain tax benefits be set aside, rejecting arguments that the corporate groupās operations were āartificial or contrivedā.
Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.
A judge was wrong to find that Mazda’s treatment of customers with faulty vehicles was appalling but not unconscionable, and nowhere in his ruling is there an explanation for the distinction, the consumer regulator has told an appeals court.
A judge has rejected a bid by the corporate regulator to access an unredacted PricewaterhouseCoopers report commissioned by coal miner TerraCom ahead of a challenge to a decision that cleared the way for the regulator to eye the document as part of an investigation.
ASIC has renewed its bid to see a PricewaterhouseCoopers report commissioned by TerraCom in order to defend the coal mining companyās appeal of a judgment that found the regulator could view the report because of public statements made by the company.
A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.
A judge overseeing two franchisee class actions against 7-Eleven that settled for $98 million has been urged to cut the payout to the law firm running the cases because it had a ātroublingā practice of deferring its fees.