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IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator's legal costs.
Max Twigg, race car driver and former owner of the famous Byron Bay Hotel, has lost an appeal of a judge’s finding that he misappropriated around $100 million in family trust money and took steps to conceal the transfer of funds from his mother.
Former synagogue president and Victorian Liberal party treasurer David Mond is suing Nine-owned Fairfax, The Age and two journalists for defamation over three articles accusing him of deciding to host a speech by a convicted spy.
A full bench of the Fair Work Commission has reversed a decision that would have allowed employees who were lawfully demoted to challenge their demotions as unfair dismissals, in a significant finding that means employers will not be exposed to claims if they properly exercise their rights, writes McCullough Robertson's Amber Sharp, Kerry O'Brien and Nathan Roberts.
Qantas and the Transport Workers Union both lost their appeals Wednesday of a judge’s decision finding the airline had decided to axe 1,800 ground staff partly to prevent employees bringing industrial action but refusing to reinstate the workers. The airline has vowed to take the case to the High Court.
Philips Electronics has hit back at a class action over recalled sleep apnea machines that contained a foam component that could allegedly degrade and cause consumers to inhale dangerous chemicals, saying the devices were not defective when they were sold.
CEO and founder of Euro Pacific Bank Peter Schiff says Nine is refusing to meet his case “head on” in its defence to defamation claims over a 60 Minutes episode accusing the bank boss of endorsing tax evasion and helping figures in organised crime.
ASIC has lost a bid to dismiss former G8 Education chair Jennifer Hutson's application seeking declarations that she was unlawfully examined by the regulator over the company's $162 million hostile takeover bid for Affinity Education Group.
A judge has given the liquidators of Big Un the go-ahead to serve the director of the collapsed video company through his LinkedIn account after several unsuccessful attempts to contact him about proceedings accusing him and others of violating their directors' duties.
Former One Nation senator Brian Burston has resolved court proceedings brought by a former staffer Wendy Leach accusing him of sexual harassment and discrimination.