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.
The NSW Law Society’s unusual approach to a proposed case against a law firm principal for a clerk’s alleged embezzlement of client funds means insurer Lawcover’s summary dismissal bid must fail, a judge has said.
The director of collapsed Shangri-La Construction is personally liable for the $3.2 million in costs of rectification work on external cladding at an apartment complex in southeast Melbourne, a judge has found.
Mining equipment supplier Southern Cross Industrial has lost its suit alleging an industrial lighting manufacturer infringed its patent for a portable light tower, with a judge finding the patent invalid.