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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.
The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence.
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.
The High Court has ruled that four former detainees at a youth prison in Darwin should only receive a combined $200,000 in exemplary damages after unlawful tear gas was used on them, despite finding the conduct was "reprehensible".
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.
A class action by public housing tenants in the Northern Territory claims a judge's decision to split the trial was based on a misunderstanding of fact and will lead to a "multiplicity of appeals".
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.
Construction PRO
A court has found a Pelligra Group unit validly terminated leases for offices in a Melbourne CBD building rented by Birdies Mini Golf owner Stephanie Doyle after she failed to meet a deadline for agreement on floorplans.