A court has ordered the winding up of blockchain mining firm NGS Group and related companies, finding they operated in “blatant” violation of the Corporations Act.
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.
After a years-long legal battle, a judge has thrown out an unfair dismissal suit by a former TechnologyOne executive, finding he was lawfully terminated for failing to adapt to the company’s management structure.
A WiseTech investigation into billionaire chair Richard White has found no evidence that he misused company funds in his personal relationships with two women, including to pay for an employee’s plastic surgery.
Ashurst has nabbed a partner from Norton Rose Fulbright to join its global projects and energy transition team.
German drug maker Merck KGaA is fighting US drug company Merck Sharp & Dohme over the alleged use of the ‘Merck’ mark in Australia, five years after their intellectual property spat was settled.
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.
A group of insurers can’t join Northwest Rail Link joint venture partners MTR and UGL to a suit by CPB Contractors and John Holland over a $100 million policy, with a judge saying the joint venture’s interests in the case are commercial rather than legal.
The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”.
A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator’s application to wind up the fund.