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Liquidators settle with Grant Thornton, Moore Stephens over Linchpin audits
Accounting 2024-09-30 11:40 pm By Christine Caulfield

Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.

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ASIC says Paladin director can’t rely on penalty privilege
ASIC 2024-09-04 11:06 pm By Sam Matthews

The Australian Securities and Investments Commission has argued the relief sought in proceedings against the director of two Paladin Group units does not constitute a penalty, as it challenges his reliance on the privilege against self-exposure to penalty.

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Carnival denies Ruby Princess passenger had ‘horrible’ time on ill-fated cruise
Class Actions 2024-08-29 11:06 pm By Cindy Cameronne

Carnival PLC has denied that a passenger, whose husband contracted COVID-19 and had to be put on a ventilator, had a “horrible” time aboard the ill-fated Ruby Princess, in a class action’s appeal of a finding that she was only entitled to $4,000 in damages.

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Ruby Princess class action damages ‘far in excess’ of $4,000 award, Full Court told
Appeals 2024-08-28 11:32 pm By Sam Matthews

A class action against Carnival over a COVID-19 outbreak aboard its Ruby Princess cruise ship has told the Full Court the lead applicant is entitled to damages “far in excess” of the $4,000 awarded by the trial judge for distress and disappointment.

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Carnival says judge’s findings in Ruby Princess class action at odds with reasons
Class Actions 2024-08-27 11:13 pm By Sam Matthews

Cruise operator Carnival PLC has mounted a cross-appeal aimed at overturning a judge’s finding that it negligently failed to prevent a COVID-19 outbreak aboard the Ruby Princess cruise ship, telling the Full Court that the primary judge’s findings were not consistent with his reasons.

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Comlek administrators defeat attack on DOCA by Queensland’s revenue office
Restructuring & Insolvency 2024-06-24 11:55 pm By Andy Sidler

An arrangement to restructure Queensland labour hire services company Comlek has survived a challenge by the state’s revenue office, which wanted the business wound up, claiming the restructure was against public interest and commercial morality.

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Paladin Group director entitled to rely on penalty privilege in ASIC case, court told
Financial Services 2024-06-17 1:35 pm By Sam Matthews

A director of two Paladin Group units is entitled to rely on the privilege against self-exposure to penalty in defending a case brought by the Australian Securities and Investments Commission, a court has heard.

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ABC can’t access training information in ex-soldier’s discrimination case
Human Rights 2024-03-26 4:38 pm By Sam Matthews

An appeals court has granted the Commonwealth’s bid to suppress material relating to its “conduct after capture” training in a discrimination case brought by a former ADF member, finding that a document is not in the public domain simply because it is available for inspection on the court file.

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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban. 

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Stanwell flags rare ‘no case to answer’ submission in Qld energy class action
Class Actions 2024-02-16 4:20 pm By Cindy Cameronne

Queensland power company Stanwell has flagged a possible ‘no case to answer’ submission in an upcoming competition class action trial that would seek to shut the case down mid-trial, with a judge saying it was “highly unlikely” to succeed. 

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