The ACCC’s cartel case against family-owned crane company NQCranes suffers from ‘incoherence’, the company’s counsel told the Federal Court on Monday ahead of an application to strike out a large portion of the regulator’s case.
ASIC’s warning about the futility of mediation with an IOOF subsidiary has proved prophetic, with talks last week failing to resolve the regulator’s case ahead of trial starting Monday.
Big Six law firm MinterEllison has snagged a a former deputy commissioner of the Australian Taxation Office to strengthen its tax controversy team.
Police have identified human remains found on a beach on the NSW South Coast as Sydney businesswoman Melissa Caddick, who has not been seen since November.
ASIC has launched court proceedings against National Australia Bank accusing the bank of engaging in unconscionable conduct by charging more than $365,000 in fees to which it was not contractually entitled.
Missing Sydney businesswomen Melissa Caddick was “meticulous and systematic” in generating fake financial records but never made a single investment, pocketing tens of millions of dollars from unwitting family and friends, liquidators say.
Horizon Oil has won its bid to shield Herbert Smith Freehills documents advising the company did not breach foreign bribery laws from being revealed in a defamation lawsuit brought against Fairfax Media by a Papua New Guinea government Minister.
Legal experts say a new policy unveiled by ASIC allowing individuals involved in serious violations of the Corporations Act to seek immunity in exchange for blowing the whistle on their co-conspirators will go a long way towards helping the regulator uncover “hidden and secretive” misconduct.
Social media giant Facebook has announced it will soon reverse its ban on news pages in Australia after discussions with the Morrison government resulted in changes to the mandatory arbitration requirements found in the proposed Australian media bargaining code.
Insurer Allianz and its distributor AWP have fronted court facing charges that they made false and misleading statements about their travel insurance products.