A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
Builder Xela has failed in its bid to wind up the owner of a development to recoup a $776,000 debt owing under the Security of Payment Act, with a court finding that despite an unwillingness to pay, the owner is solvent.
Mayne Pharma and US drug maker Cosette have agreed to postpone the start of trial in a case over the termination of a $672 million merger to allow for late amendments.
A lawyer representing a production company that alleges Rebel Wilson “deliberately undermined” the distribution of her movie, The Deb, says the director repeated “false and derogatory statements” after the suit was filed.
Gilbert +Tobin’s executive partner and corporate advisory head Tim Gordon will join Corrs Chambers Westgarth’s corporate practice based after almost 20 years at G+T.
A judge that granted carriage of a Google ad tech class action to Maurice Blackburn and Phi Finney McDonald has reiterated concerns that such cooperative arrangements between firms could breach competition law.
A judge overseeing class actions against Coles and Woolworths over alleged illusory discounts has raised concerns about a bid to bind group members to findings in similar cases by the ACCC.
The High Court has declined to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.
The administrators of the Dartbrook coal mine in the New South Wales’ Hunter Valley have won six more months before holding a second creditors meeting, with a judge convinced a pending approval to extend the mine’s life until 2033 could make or break a sale.
Invesco’s global real estate business will acquire retirement village operator and owner RetireAustralia for $845 million.