Woolworths is under siege by lawyers, with the supermarket giant facing another class action following findings that put it on the hook for hundreds of millions of dollars in staff compensation.
A shareholder of gold and lithium exploration company TG metals has won its bid to inspect the company’s books over concerns about two capital raisings that occurred within six weeks of each other.
After years of pre-trial stoushes, a trademark dispute over Russian vodka has worn a Federal Court judge’s patience thin, with the judge remarking that the court was entitled to expect better from the litigants.
Hong Kong-based Far East Consortium has sold a 50 per cent stake in the Ritz-Carlton Perth to Cayman Islands-based Generation Essentials Group for $100 million.
An inquiry into Victoria’s corruption watchdog has suggested expanding the definition of ‘corrupt conduct’ to include not only criminal offences.
A judge has approved a $110 million settlement in a class action against BHP over the collapse of a tailings dam, and has OK’d fees and commission reducing the sum by 50 per cent, despite concerns the costs were excessive.
A SkyCity shareholder has lost his bid to bring a case against former executives and directors at the ASX-listed casino seeking to recoup a $67 million penalty over breaches of money laundering regulations.
Johnson & Johnson-owned Janssen has secured an injunction against drug maker Juno Pharmaceuticals, halting the release of Juno’s generic version of schizophrenia drug Invega Sustenna.
An appeals court has confirmed that a restructuring by streetwear retailer City Beach did not involve a $52 million tax avoidance scheme, tossing a challenge by the tax office.
Police have arrested four individuals who are suspected of being involved in a money laundering operation at a Bendigo Bank branch in Victoria.