The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.
A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers.
ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.
A “time poor” judge’s extensive copying and pasting of submissions and an offensive tweet by senator Pauline Hanson were at the centre of the week’s biggest litigation wins.
ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term.
The Good Guys has admitted 21,000 customers were not provided with store credit within the timeframe specified in promotions, but denies the most customers never received the promised credit.
In a fight over damages owed to sailors in a class action against the Defence Department, a judge has said the Commonwealth can’t argue certain group members failed to mitigate their losses.
United Petroleum and director Ari Silver can wait for the rehearing of a security for costs bid before filing defences to a franchisee class action alleging misleading conduct.
The CDPP and ASIC have succeeded in staying Clive Palmer’s case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.
A judge has made freezing orders against Melbourne developer City Built and director Robert Filippini, who allegedly received $160 million in investor funds from Keystone Asset Management.