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‘Alarming’: ASIC suspects ex-Keystone boss may have used investor funds to buy home
A judge has expressed concern about the Australian Securities and Investments Commission's suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it "alarming".
Judge slashes plaintiffs’ costs in Sydney light rail class action
A judge has ordered Transport for NSW to only pay 65 per cent of the costs of a class action over Sydney’s $3 billion light rail construction, finding it was not inappropriate to apportion costs even though the plaintiffs were largely successful.
No docs, no Tim Cook: Epic Games assails Apple’s ‘contrived’ defence in trial’s closing arguments
Video game maker Epic Games has attacked as "entirely contrived" the defence by Apple in closing submissions in a Federal Court trial of its landmark competition case, pointing to the tech giant's lack of evidence, including from CEO Tim Cook.
Comlek administrators defeat attack on DOCA by Queensland’s revenue office
An arrangement to restructure Queensland labour hire services company Comlek has survived a challenge by the state's revenue office, which wanted the business wound up, claiming the restructure was against public interest and commercial morality.
Sydney barrister wins indemnity costs after $150,000 defamation award
Sydney barrister Gina Edwards has been awarded part of her costs in an indemnity basis after securing $150,000 in damages in her defamation case over Channel Nine’s coverage of her battle for custody of famed social media pooch Oscar the cavoodle.
Worley wants new bench in second shareholder class action appeal
Counsel for Worley in a nine-year-old shareholder class action that is set for another Full Court appeal has foreshadowed a possible recusal application against the judges who heard the first appeal.
iSignthis, former boss breached obligations over ASX disclosures, court finds
A court has found iSignthis and its former CEO Nickolas John Karantzis breached the Corporations Act in disclosures to the stock market about one-off revenue and the termination of the fintech's business arrangement with Visa.
Unlawful detention class action, Commonwealth spar over $27.5M settlement deed
The lead applicant in a class action over the alleged unlawful detention of 240 Indonesian children and the Commonwealth are locked in a battle over the construction of a $27.5 million settlement reached last year.
Judge rejects Laing O’Rourke’s claim associate’s email created impression of bias
A judge has dismissed a recusal application in an employment case against Laing O'Rourke Australia, which alleged an email from his associate inferred misconduct by a barrister and a Mills Oakley solicitor representing the construction company.
Mired in interlocutory skirmishes, protracted BHP class action just got more entangled
BHP wants to appeal a decision giving a class action the OK to fix what a judge accepted was an "inadvertent mistake" that resulted in a ruling -- itself the subject of an appeal -- which limited the group member definition.