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CapitaLand wins $3M judgment against missing exec
Singapore's CapitaLand has secured judgment in the Federal Court against a missing executive accused of embezzling the real estate asset manager's funds.
Harvey Norman shouldn’t be punished for founder’s ‘unattractive’ remarks, court told
Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for "intemperate" remarks its founder made in the media about the legal system.
Piper Alderman’s default win quashed in fee row with Care A2 director
Piper Alderman has been pulled back into a costs dispute after a judge found the director of dairy company Care A2 had an arguable defence and set aside a default judgment for the law firm.
ASIC appeals conflicted remuneration case against Freedom execs
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.
Construction PRO
Developer can’t appeal modification rejection under Heritage Act, court says
A judge has tossed a developer's challenge to a NSW Heritage Council decision on a new residential development plan for the site of the former Kenmore Hospital in Goulburn, saying there was no decision to appeal.
ASIC wants $85M in fines against Harvey Norman, Latitude, says GC apology ‘performative’
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.
CBUS trustee agrees to pay $23.5M in ASIC death benefits case
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.
Court approves $8.7M settlement in Exactech class action
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.
Nielsen exec claims unfair dismissal after husband’s axing, can’t get job back
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.
Construction PRO
Dexus must hand over data room Q&A in spat with Melbourne Airport operator
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.