A judge has pushed the Australian Securities and Investments Commission into mediation with two NAB wealth management units in its case over $100 million in fees for no service, despite the regulator’s contention that mediation is not the best way to move the case forward.
The Australian Securities and Investments Commission has instituted new proceedings against AMP and its law firm Clayton Utz seeking documents related to the fees for no service investigation the law firm conducted for the wealth manager.
Viterra can amend its defence mid-trial in its dispute with Cargill over the $420 sale of its Joe White malt business to argue it was standard industry practice to fudge test results relating to malt quality, provided it identifies which industry players engaged in the practice.
James Packer’s Crown Resorts has won a lawsuit against the NSW government for allegedly failing to protect sweeping views of the Sydney Harbour from its planned luxury casino in the Barangaroo area.
A judge overseeing a class action against The Cosmetic Institute over allegedly botched breast implants has agreed to an opt out notice that will be sent to class members only through Facebook and Instagram.
Scenic Tours wants the High Court to weigh in on a mixed ruling that left the luxury cruise company facing economic damages in a class action alleging they misled customers who were forced to take the bus.
An education provider that calls itself Trinity College Australia has settled a trade mark lawsuit alleging it tried to pass itself off as the famed residential college of The University of Melbourne.
A judge facing calls to recuse himself from a dispute between law firm Norton Rose Fulbright and a dismissed employment partner has avoided hearing the disqualification application, with the case being allocated to another judge.
Law firm Johnson Winter & Slattery has filed its defence against a cross claim by accounting giant PricewaterhouseCoopers in a shareholder class action over the collapse of Vocation, pointing to an email that shows the training company was advised of its disclosure obligations to the market.
The Australian Securities & Investments Commission has largely prevailed on appeal to the High Court in its case against former directors of collapsed retirement village owner Prime Trust, including former federal health minister Michael Wooldridge.