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A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had "substantially deceived” the government by overstating bond trading volumes.
Construction PRO
A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.
The publisher of The Australian has hit back at a defamation case by a former JLL executive, saying it was substantially true that he fondled a drunk junior female colleague's breast at a strip club.
A judge has expressed concerns about a funder's novel application for its costs in a partially settled shareholder class action over the collapse of mining company Cudeco, saying everyone was getting a payday except group members.
Construction PRO
The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.
A medical assessment served under the Wrongs Act by a patient of Dr Daniel Lanzer needed to come to the attention of the surgeon himself, not just his solicitors, despite the lawyers being authorised to receive other documents in the case, an appeals court has found.
Construction PRO
A court has declined tenant Realside Rundle Square's bid for a hearing on a preliminary question concerning a term in its lease in proceedings against M3Property and a valuer alleging tenants of Adelaide's Rundle Mall have been overcharged for rent since 2006.
Construction PRO
Engineering consulting firm Jacobs Group has won a stay of proceedings by Brisbane Airport Corporation, after arguing the case was launched in contravention of an arbitration agreement.
Plus500 has lost its bid to permanently stay a class action by investors who lost money trading in highly leveraged financial products, with a court finding that the arbitration clause relied on by the online trader was unfair and void.
The CSIRO has successfully appealed a decision that blocked the government agency’s application to patent a method of producing high-fibre wheat.