Norton Rose Fulbright

The eSafety Commissioner has struck back at Elon Musk-owned X Corp's claims that it should not have to comply with a new online safety standard when it is already subject to rules for social media companies.

An ASX statement from budget airline Rex that was optimistic about its 2023 profit prospects should have been corrected by April, ASIC has told a judge, disputing claims that the statement was not a forecast but merely an expression of what the board hoped for. 

Star's former group general counsel has told a judge she should not have to pay a $1.1 million fine for breaching her directors duties because she has suffered “extra-curial detriment” that includes unemployment. 

ASIC is seeking a $1.3 million fine against Star’s former CEO Matthias Bekier and a $1.1 million fine against ex-general counsel Paula Martin for breaching their duties by failing to warn the casino operator's board about money laundering risks. 

Popular Swiss sneaker company On Clouds has prevailed in its challenge to a trade mark by sustainable footwear brand Cyclonic.

A developer linked to Keystone Asset Management has failed to persuade the Full Federal Court to exempt three family trusts from a $158 million freezing order.

ASIC has wrapped up its case against regional airline Rex without evidence from its former executive chairman, who reversed course this week and admitted he misled investors and breached his directors duties.

A unit of developer Heworth has lost its bid to set aside a notice to produce served by Transport for NSW in relation to its claim for compensation over the compulsory acquisition of the Balmain Leagues Club site.

United Petroleum has won its case against the operator of Perth Airport claiming it was induced to enter a $900,000 lease and construction agreement with promises of redevelopment at the site, which is now in doubt.

The ASX is fighting for a key witness in ASIC’s case over alleged misleading statements concerning its CHESS replacement program to appear at an upcoming trial, saying he needs to be cross-examined in person.