A judge “went off the rails” in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.
The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.
After a spat over legal expenses in Bruce Lehrmann’s defamation case, and a final agreement to accept $1.15 million from Ten to cover the costs, presenter Lisa Wilkinson has lost her bid for more costs.
A court has approved the discontinuance of two class actions against the Northern Territory government over its alleged failure to properly fund essential health and interpreting services in remote Indigenous communities.
The founders of carbon credit provider GreenCollar are set to face trial in a case by a company seeking to claw back profits from a business opportunity it says was diverted to other entities in breach of fiduciary duties.
On questioning by a judge, Star’s former top lawyer has denied making a mistake by failing to tell the board about issues with junket Suncity in May 2018, but said her view was different now with hindsight.
A judge has found Max Twigg must compensate his mother and several family companies after selling bonds traceable to misappropriated funds, saying he and his company “misled the court” by not disclosing the sale.
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
Independent Sydney MP Alex Greenwich rejects claims he will receive a windfall if awarded costs in his successful defamation case against former NSW One Nation leader Mark Latham.
During trial on Monday, ASIC also accused Star’s former top lawyer of giving false evidence about alleged cash for chip transactions in junket operator Suncity’s VIP room.