A judge has signed off on an agreed-to $5 million penalty against Noumi in ASIC proceedings for violating its continuous disclosure obligations and found the food company’s non-disclosures caused it shares to trade at an inflated price.
Now-defunct sushi chain Sushi Bay has been slapped with penalties totalling more than $15 million, with a court calling its long history of staff underpayments ācalculatedā and āaudaciousā.
The High Court is scheduled to hand down a judgment in a class action on Wednesday on the power of a product disclaimer to protect manufacturers from claims they owe a duty of care to protect purchasers from pure economic loss.
G&S Engineering and its parent company, DRA Global, can redact what a court has found is privileged information provided in a witness statement by a former top executive, in the latest interlocutory stoush ahead of trial in a high stakes dispute with MACH Energy.
Two judges have declined to award carriage of a class action against International Capital Markets over risky derivative products to a firm accused of plagiarising its rivals’ pleading.
As another trial traversing the rape allegations of former political staffer Brittany Higgins gets underway, a lawyer for Senator Linda Reynolds has told a court Higgins’ claim she was pressured not to pursue a complaint against Bruce Lehrmann was the stuff of fairytales.
Super Retail Group’s former chief legal officer Rebecca Farrell says the company damaged her professional standing as a senior solicitor and exposed her to the risk of regulatory investigation and enforcement action.
The workplace umpire has picked senior barrister Mark Irving KC to serve as independent administrator over the construction division of the CFMEU and has asked the Federal Court to give the silk broad powers.
Monash IVF and a host of IVF clinics have taken Insurance Australia Ltd to court over coverage ahead of mediation in a class action alleging the companies destroyed potentially viable embryos.Ā
A judge has ordered Mercer Superannuation to pay $11.3 million for āreckless, if not deliberateā representations about so-called sustainable investment options that included investment in oil and gas companies, including BHP and Origin Energy.Ā