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ASIC is looking into lead managers behind AI data centre company Firmus’ failed public float, with a key issue whether they had a reasonable basis for assertions about investor demand.
The former chief executive officer of Super Retail Group has argued he should have access to ASIC’s entire investigation file into the company, in proceedings alleging he failed to disclose a relationship with the company’s former chief human resources officer.
The Victorian Bar has welcomed 15 new senior counsel, including barristers who worked on the Black Saturday bushfire class actions, COVID-19 business interruption cases and junior doctors underpayments class actions.
ASIC has flagged it may seek an initial trial on whether comparison website company Clark Family provided financial services to consumers, in its case alleging the company sold customer enquiries to the highest bidder.
A judge has tossed a defamation suit by a Swinburne University academic against a publisher over an article about a Fair Work Commission decision, finding the article was a fair report of a public document.
A judge has ordered Star Entertainment to pay a $260 million penalty for anti-money laundering and counter-terrorism financing failures, saying the casino turned a “blind eye” to customers likely linked to organised crime.
Insurer QBE will dispute ASIC's proposed penalty after admitting that its pricing model misled customers.
In the latest ruling on computer-implemented inventions, an IP Australia delegate has shot down fintech Kyro Card's bid to patent a payment system for offering rewards to shoppers, finding the invention was a business scheme implemented on a computer and not a manner of manufacture.
Business management software company Sage Global has lost its challenge to registration of 'LawSage' as a trade mark for an AI-powered legal research and analysis platform.
Construction PRO
Coles’ proposed acquisition of a leasehold interest for a new Kalgoorlie supermarket will push the local IGA store out of the market, a tribunal has been told.