The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
Care A2 is set to miss the trial in its trade mark fight with rival A2 Milk after the baby formula company was ditched by its lawyers at Ashurst days ago.
Bix Six firm Ashurst has dropped Care A2 as a client on the eve of trial in the dairy company’s long-running battle to quash rival A2 Milk’s trade marks.
A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.
A class action against McDonald’s alleging workers were not given mandatory rest breaks has “gone backwards” after the fast food giant withdrew previously agreed facts, a court has heard.
A class action over S&P’s rosy ratings on risky financial products faces a preliminary fight over the relevance of expert evidence that seeks to prove fraud on the part of the ratings agency.
In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
X Corp claims it is not answerable to a compliance notice the eSafety Commissioner issued to Twitter concerning its monitoring of child sexual abuse on its platform, telling the court there’s a “lively dispute” about the effect of the company’s acquisition by Elon Musk.
Uber has successfully challenged five years of payroll tax totalling more than $81 million, with a judge finding that payments made to drivers should not be taxed as wages as Uber only acts as a “payment collection agent” between rider and driver.
Hyundai and Kia have been ordered to produce further documents to allow a class action to investigate the nature and extent of alleged engine defects, with a judge rejecting the car makers’ bid to produce only a sample set of documents.