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Fortescue scores win against start-up accused of ‘industrial scale’ misuse
Intellectual Property 2024-10-04 3:03 pm By Cindy Cameronne

Fortescue has defeated a bid by its former CFO’s green iron start-up to set aside search orders that were said to have been secured “off the back of egregious material non-disclosure”.  

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Ex-EY partner accused of taking $700K in secret commissions won’t ‘show hand’
Tax 2024-10-04 3:30 pm By Cindy Cameronne

A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.

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Trial against Blockchain Global deferred to allow CEO to be joined
Cryptocurrency 2024-10-04 4:00 pm By Andy Sidler

A lawsuit by former Blockchain Global employees against the defunct cryptocurrency exchange has been stalled to allow CEO Sam Lee to be joined to the case.

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X loses challenge to notice from e-Safety Commissioner
Social Media 2024-10-04 2:34 pm By Sam Matthews

A judge has thrown out X’s challenge to a compliance notice issued by the eSafety Commissioner to its corporate predecessor Twitter over child sexual abuse monitoring on its platform.

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‘8 words in an email’: Boral slams ruling clearing class action to grill CEO
Class Actions 2024-10-03 1:56 pm By Sam Matthews

Boral has asked the Full Court to hear its appeal of a decision allowing its former CEO to be questioned about an email that mentioned a confidential EY report.

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ANZ, OnePath to pay $50M in super class action settlement
Settlement 2024-10-03 11:19 pm By Christine Caulfield

Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.

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Blue Sky founder’s claims against ASIC thrown out as ‘untenable’
Securities 2024-10-03 11:41 pm By Andy Sidler

A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.

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ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

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Judge from Maurice Blackburn should not hear Fletcher class action, court told
Class Actions 2024-10-02 11:20 pm By Cindy Cameronne

A judge should be disqualified from hearing a class action against Fletcher Building because of his previous association with the funder, as well as public remarks he made as a plaintiffs’ solicitor, a court has heard. 

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WiseTech CEO can suppress docs in legal stoush with beautician
Bankruptcy 2024-10-02 2:36 pm By Andy Sidler

WiseTech CEO Richard White has won suppression orders over documents allegedly revealing legal advice and settlement negotiations in a dispute with a Sydney beautician.

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