Space company Equatorial Launch Australia, which is facing an unfair dismissal from its former CEO, has told a court that solvency issues mean the former executive cannot call on $5 million in convertible notes.
A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.
A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.
One law firm has beaten two others to court in pursuing Google for allegedly abusing its dominance in online advertising.
An appeal by a family-owned Adelaide deli in a trade mark fight with an Italian food hall in Melbourne has fallen flat.
A class action against online trading platform IG Markets over alleged risky contracts for difference may drop its conflicted remuneration claims after struggling to find a sample group member.
A competition class action against Stanwell and CS Energy has been tossed, with a judge finding the power companies’ conduct was legitimate “profit maximisation behaviour”.
AMP has won its bid for more information on a class action’s allegations that it charged excessive insurance premiums, saying the applicant appeared to be “in search of a case”.
Two firms representing some Rio Tinto shareholders have lost their bid to intervene in Energy Resources’ fight to renew its lease for the Jabiluka uranium mine in the Northern Territory.
The Hawthorn Football Club has denied racial discrimination claims by former player Cyril Rioli and others, including that it advised another player that his wife should terminate her pregnancy.