Most Recent
ASIC questions rent-to-own company’s challenge to $7.4M penalty
ASIC has questions about the “bona fides” of a rental company’s appeal of a $7.4 million penalty for unlawful loan agreements, telling a court it needs to see evidence about the “very rapid decline” of the company’s financial position.
Construction PRO
Owners corporation loses bid to set aside Mercon DOCA
A judge has refused to set aside a deed of company arrangement passed by creditors of construction company Mercon, finding that the owners corporation of a 33-unit development has not proved the value of its $4.2 million claim. 
Blockchain mining firm NGS wound up for ‘blatant’ contraventions
A court has ordered the winding up of blockchain mining firm NGS Group and related companies, finding they operated in "blatant" violation of the Corporations Act.
ANZ cops $250M penalty, judge tacks on $10M for ‘inexcusable’ bond conduct
A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had "substantially deceived” the government by overstating bond trading volumes.
TechnologyOne wins dismissal of long-running suit by former exec
After a years-long legal battle, a judge has thrown out an unfair dismissal suit by a former TechnologyOne executive, finding he was lawfully terminated for failing to adapt to the company's management structure.
Judge ‘very uncomfortable’ with funder’s novel costs bid in KPMG class action
A judge has expressed concerns about a funder's novel application for its costs in a partially settled shareholder class action over the collapse of mining company Cudeco, saying everyone was getting a payday except group members. 
Drug makers back in court five years after settling case over Merck TM
German drug maker Merck KGaA is fighting US drug company Merck Sharp & Dohme over the alleged use of the ‘Merck’ mark in Australia, five years after their intellectual property spat was settled. 
Construction PRO
Insurers lose bid to join MTR, UGL to case over Northwest Rail Link
A group of insurers can't join Northwest Rail Link joint venture partners MTR and UGL to a suit by CPB Contractors and John Holland over a $100 million policy, with a judge saying the joint venture’s interests in the case are commercial rather than legal. 
Construction PRO
Developer Point Bay wins judge’s recusal from Global Capital case
A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator's application to wind up the fund.
Apple wants to rob judgment of ‘bite’ in Epic Games case, court told
Orders proposed by Apple after a judge’s finding that the digital giant and rival Google engaged in anti-competitive conduct would “rob the court’s findings of their detail, their efficacy and their bite”, Epic Games has said.