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A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.
Honda has succeed in challenging a $13.6 million damages award to a former dealer whose contract was broken when the car maker transitioned away from a dealer model.
Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.
Sportsbet has been ordered to provide a class action with audit position papers from the tax office, as the applicants look to interrogate whether the ATO might exercise its discretion to refund Sportsbet's payments if the company loses the case.
The Commonwealth Bank wants Cornwalls to pay its costs in a negligence case by a former client, saying the law firm should foot the bill for claiming proportionate liability against the bank.
A former financial advisor and his company have won court approval to run a claim challenging AMP's buyer of last resort policy, despite the company being a group member in a related class action that settled for $100 million in 2023.
A class action is challenging the Federal Court's post-trial ruling for Alucobond panel maker 3A Composites and supplier Halifax Vogel.
A judge has refused an egg producer's bid for a non-party costs order against Melbourne firm Gordon Legal, saying he was not satisfied the filing of a defective notice was sufficient to invoke the court’s wasted costs jurisdiction.
Construction PRO
A judge has accepted that Cbus’ agreement to buy a 50 per cent stake in Sydney’s troubled Halo Tower could fall through if the beleaguered developer behind the project is forced to remain in administration, shooting down a challenge to a DOCA.
Construction PRO
The trustee for Dexus' airport fund is seeking judicial advice on a possible challenge to a court decision forcing it to relinquish a lucrative stake in the operator of Tullamarine.