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Mining giant Clive Palmer has asked the High Court to hear his challenge to a court's finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.
Sydney financier First Class Capital has admitted it acquired three million shares in former market darling Big Un but has denied liquidators' claims that the purchase was part of a fraudulent design to inflate the share price ahead of the video start-up’s collapse.
Mining magnate Clive Palmer has lost an appeal seeking to throw out two criminal cases over a takeover bid and payments to his political party, with an appeals court finding the challenge was an abuse of process.
The former managing director of property developer Ralan Group has been sentenced to four years immediate imprisonment after pleading guilty to six fraud offences over loans the defunct group took out to fund several projects in Sydney.
A former company secretary of defunct mining and exploration company Continental Coal has pleaded guilty to three criminal charges, including stealing $2.2 million and forging a bank statement.
Bank of Queensland will pay a $820,000 penalty after its Members Equity was found guilty of criminal charges over misleading representations, with a judge finding the defunct direct bank was no less responsible because the offending conduct resulted from a systems error.
Automotive electronics company Directed Electronics has won a $168.5 million award after a judge found its former manager and South Korean giant Hanhwa engaged in a "reprehensible" trade secrets theft.
A now-banned financial adviser has been hit with two charges of providing misleading information to the corporate regulator during a compulsory examination.
Former Bellamy’s Australia director Jan Cameron has been found guilty of two counts of breaching the Corporations Act, following an investigation by the corporate regulator over her failure to disclose her stake in the baby formula company.
A former director of failed Perth mining company Continental Coal has been jailed for more than three and a half years after pleading guilty to multiple crimes, including stealing $2.2 million and forging a bank statement.