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A judge has ruled that building materials giant Boral breached its continuous disclosure obligations, in a win for a class action, but will wait on the High Court's ruling in cases against CBA before deciding whether shareholders have established damages.
ASIC has won its case alleging health and beauty giant McPherson’s breached its continuous disclosure obligations and engaged in misleading or deceptive conduct by failing to update the market sooner about declining sales forecasts for its Dr LeWinn's skincare line.
Nuix's former boss Rod Vawdrey was almost ousted in 2019, a trial court heard Thursday, with a shareholder class action pointing to a board paper that referred to the software firm's “toxic, no-trust, fear-based culture”.
Arrium's former directors and auditor KPMG have lost a challenge to a key report relied on by shareholders in a class action over the collapsed steelmaker that says the company overstated the value of its assets.
A judge has rejected India's bid to register the word 'basmati' as a mark of geographical indication, saying the rice certified by the country could not be distinguished from rice of the same type grown in Pakistan.
Construction PRO
Carlisle Homes has lost its bid to have a $3 million fee dispute with Lander & Rogers dealt with by the Costs Court, with a judge finding the court doesn't have jurisdiction over the matter.
Construction PRO
The chair of Dexus told a parliamentary inquiry Friday that this initial reaction to an Allens report into a whistleblower’s allegations about ethical failures at KPMG was “why didn’t you come and talk to us?”.
Construction PRO
An Australian Super entity is exempt from a $36.2 million tax assessment following the rezoning of a property in Dingley Village, in the first tribunal decision under Victoria's Windafall Gains Tax Act.
Jones Lang LaSalle has argued that its former national head of real estate cannot add an unfair dismissal claim to his lawsuit against the real estate giant, which was brought late due to a solicitor's mistake.
Testing lab ALS has appealed a ruling ordering it to hand over most of a McGrathNicol report into allegedly exaggerated coal testing results, after a judge found last year that it had waived privileged over parts of the report by referring to its findings in an ASX statement.