A judge has indicated he will sign off on a $100,000 penalty and four-year ban against the former CFO of Noumi, who has admitted his role in the food company’s non-disclosures.
WiseTech CEO Richard White has won suppression orders over documents allegedly revealing legal advice and settlement negotiations in a dispute with a Sydney beautician.
The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.
Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees.
Sydney hospitality mogul Justin Hemmes has prevailed in a trade mark stoush with Brisbane restaurant Establishment 203.
Pharmaceuticals giant Lundbeck has succeeded in overturning IP Australia’s decision granting Novartis unit Sandoz a licence to sell a generic version of top-selling antidepressant Lexapro.
Gaming giant Aristocrat has defeated a challenge by Light & Wonder to discovery orders it won for a possible lawsuit alleging two former employees who jumped ship to its rival misused confidential information about its popular Lightning Link and Dragon Link games.
A judge has signed off on an agreed-to $5 million penalty against Noumi in ASIC proceedings for violating its continuous disclosure obligations and found the food company’s non-disclosures caused it shares to trade at an inflated price.
A court has found that the NRL’s insurance policy with Lloyd’s of London does not cover former South Sydney Rabbitohs star Ethan Lowe for the devastating injury he suffered during a State of Origin match four years ago, dismissing the retired rugby player’s $1 million lawsuit.
A judge has ordered credit card giant American Express to pay $8 million in ASIC’s first-ever case over design and distribution obligations, but has criticised the recently enacted provisions as being “poorly drafted”.