Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for “intemperate” remarks its founder made in the media about the legal system.
Piper Alderman has been pulled back into a costs dispute after a judge found the director of dairy company Care A2 had an arguable defence and set aside a default judgment for the law firm.
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator’s case over excessive delays in processing $20 million in death and disability claims.
A judge has approved a “modest” $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.
A former managing director of ratings agency Nielsen, who alleges she was unfairly dismissed after her husband was fired from the company, has lost her bid to be temporarily reinstated.
Airport operator APAC has won access to Q&A logs in a data room set up by shareholder Dexus for prospective buyers, in a dispute over whether the real estate asset manager breached a confidentiality deed.
A United Nations special rapporteur has sought to intervene in three Federal Court cases opposing the federal environment minister’s decision to approve gas giant Woodside’s North West Shelf extension.
A judge has refused to make a personal costs order against the former lawyers for a Canberra developer who sued two owners corporations for trespass and was lumped with costs after the trial was adjourned.