ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.
In finding Star Entertainment's former group general counsel liable for breaches of duty, the judge overseeing ASIC's case has questioned the chief lawyer's insistence that she "rarely gave legal advice" and that her roles with the company should be delineated.
Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions" of former board members named in the case were "jarring”.
The Federal Court has cautioned self-represented litigants against using generative artificial intelligence to decide whether their case has merit, saying it is "not reliable for legal help”.
A class action against AMP over allegedly inflated insurance premiums has been ordered to better particularise its case, with a judge hearing the current pleading is "not good enough" for the wealth manager to put on a defence.
The consumer watchdog has raised concerns about rising prices and unregulated airport charges amid significant infrastructure investment and record revenue at the nation's busiest airports.
In the latest chapter of a bitter feud between NSW Director of Public Prosecutions and District Court Judge Penelope Wass, the state's Court of Appeal has found parliamentary privilege doesn't bar the top prosecutor from launching a recusal bid in a criminal trial.
A Sydney lawyer has successfully defended a case alleging he should have advised an X-ray business and its director that their defences in proceedings against medical device maker Philips were hopeless.
An upcoming trial in a case over a Victorian Liberal Party-linked company's decision to give former party leader John Pesutto a $1.5 million loan to help him avoid bankruptcy has been vacated.