Most Recent
ASIC expands case against Resimac over hardship claim failures
The corporate regulator has expanded its case against Resimac that accuses the home loan manager of breaching its fairness obligations as a credit licensee towards customers who filed hardship applications.
ASIC ‘pessimistic’ about mediation in case over Keystone Shield reports
The corporate regulator has told a court it has little hope for success in mediation in its case over SQM Research's positive reports on the failed Shield fund.
Dubber can’t halt discovery in $26M negligence case against BDO
Software company Dubber has failed in a bid to stay its case against BDO Audit pending the outcome of ASIC's action against the auditor, with a judge ordering discovery to proceed before the litigation is put on ice.
Class action lawyers, regulators circle as Telstra outage affects 639 Triple Zero calls
Telstra could face a multimillion dollar fine from the telco regulator and a class action investigation after Wednesday's nationwide outage that affected over 600 emergency calls and downed the EFTPOS network.
Construction PRO
Maxcon Developments director loses challenge to examination
A former director of defunct developer Maxcon Developments and his family members have lost a bid to set aside examination orders, with a judge rejecting their argument that the ATO was using the examinations as a “dry run” for other claims.
New unfair trading practices ban will add to class action arsenal
A new ban on unfair trading practices could significantly broaden the scope of consumer class actions, with experts predicting plaintiff firms will use the reforms to pursue claims over conduct that has until now fallen outside the reach of misleading or deceptive conduct laws.
ASIC launches review of Big 4 audit complaints amid KPMG scandal
The fallout from the KPMG leaks scandal has widened, with the corporate regulator launching a review of audit complaints to the Big 4 accounting firms. 
ASIC seeks penalties against adviser linked to First Guardian
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
Jellycat accuses Coles of selling knockoff plush Christmas toys
Viral plush toy maker Jellycat has fired off an IP suit against Coles, claiming the supermarket sold poorer quality, copycat versions of its popular anthropomorphic Christmas tree and wreath soft toys. 
Clive Palmer cases against ex-ASIC chair ‘houses of cards’: Full Court
The Full Federal Court has shot down billionaire Clive Palmer's bid to revive misconduct claims against former ASIC chair James Shipton, calling his case "little more than houses of cards".