ISignthis is ramping up its battle against the ASX, seeking court approval to amend its lawsuit against the exchange to seek more than $27 million in damages for its alleged misleading and deceptive conduct.
A Marshall Islands-based binary options trader has been hit with a $1.8 million penalty after a judge found it engaged in the “deliberate deception of vulnerable people”.
The Australian Competition and Consumer Commission is seeking a contempt finding against a former solicitor for defunct vocational trainer Empower Institute over alleged billing practices.
To avoid a creditor panic in the midst of the COVID-19 health crisis, the NSW Supreme Court has appointed a receiver instead of a liquidator to a rural hotel that is the centre of a deadlocked shareholder dispute over more than $2.7 million.
Employsure has made an eleventh hour courtroom bid to access documents held by the Fair Work Ombudsman, just days before trial is due to commence in ACCC proceedings alleging the workplace relations company engaged in unconscionable conduct towards small business clients.
The Australian Securities and Investments Commission will have to face trial in a defamation lawsuit brought by a Queensland building and mortgage company over two media releases the corporate regulator issued in 2018 and 2019, after defeating a separate $10 million defamation case last year.
AFT Pharmaceuticals is seeking to reopen a lawsuit against Reckitt Benckiser over ads for its painkiller Maxigesic after judgment was delivered in the matter, claiming the judge’s declarations contained an error, an argument slammed by Reckitt as “extraordinary”.
The prefab concrete company dragged into a class action over the ill-fated Opal Tower has launched its own legal volley against the engineering consultant behind the building design.
The Virgin Australia administration continues to boost billables at the top end of town, with a short list of āwell-fundedā buyers revealed on Monday and an intense four weeks ahead as the bidders and their law firms scramble to make binding offers by the mid-June deadline.
Atanaskovic Hartnell has mostly come up short in a court battle for over $172,000 in legal fees, with a judge finding the law firm was in a “manifest position of conflict” in its dispute with two media companies defrauded by one of its former lawyers, Brody Clarke.