Open4Sale Global’s directors have been penalised $2.6 million for breaching disclosure laws in raising money from investors, who were labelled “a bunch of idiots” by the company’s boss.
A GFG subsidiary has lost its cross-claim in a battle with OneSteel’s administrators over infrastructure assets at South Australia’s Whyalla port, which is used to export the state’s iron ore.
A judge has rejected a “finely balanced” application to transfer a court fight between Waratah Engineering and Wollongong Resources over mining equipment contracts to New South Wales.
Mastercard has lost its claim for legal professional privilege over communications between its chief financial officer in Singapore and in-house counsel about merchant agreements the ACCC alleges were anti-competitive.
Atanaskovic Hartnell is appealing a decision barring the law firm from enforcing a costs judgment against a company of media mogul Bruce Gordon and quashing a garnishee order directed at Nine.
A Federal Court judge has predicted class action defendants will start arguing law firms cannot cooperate in running class actions, after a different judge hearing a case against Google recently remarked that such arrangements could be anti-competitive.
An appeals court has dismissed BlueScope Steel’s challenge to a decision finding it engaged in attempted price-fixing and was on the hook for a record $57.5 million penalty.
A judge has approved a 33 per cent group costs order in a class action against Sportsbet, saying the relatively high rate was justified by the risks of running the “relatively novel case”, which seeks repayment of gambling losses stemming from allegedly unlawful services.
Industrial technology company Delta Building Automation has lost its fight over a finding that it attempted to rig a bid for construction work on the National Gallery of Australia and must pay a $1.5 million penalty.
An ex-Keystone director has raised concerns that expanding a freezing order over his assets would impact his ability to pay his solicitors at law firm Corrs Chambers Westgarth.