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The administrators for budget airline Bonza have found it likely traded while insolvent in the lead-up to its voluntary administration, suggesting the airline's directors may have breached their duties under the Corporations Act.
The liquidators of collapsed media company Big Un are pushing for a trial date in their two-year-old case against financier First Class Capital alleging a three million share purchase was part of a fraudulent design to inflate the collapsed company's share price.
A contract dispute between Creedence Clearwater Revival frontman John Fogerty and Country Fest Queensland will be arbitrated in California, after a judge found equivalent claims could not be brought under Queensland law.
An arrangement to restructure Queensland labour hire services company Comlek has survived a challenge by the state's revenue office, which wanted the business wound up, claiming the restructure was against public interest and commercial morality.
The federal government has backed suggestions for changes to the Food and Grocery Code that would slap major grocery stores with fines of up to $10 million for violating the code, amid concerns over rising food prices.
Counsel for Worley in a nine-year-old shareholder class action that is set for another Full Court appeal has foreshadowed a possible recusal application against the judges who heard the first appeal.
An advocate for women at the Bar and an expert in public law have been appointed to serve as judges on the Federal Court.
A Wollongong wills and estates solicitor has been struck from the roll, with the NSW Supreme Court finding it was warranted given the seriousness and extent of the offending, as well as the solicitor's initial reticence to cooperate with the investigation.
The ACCC has raised concerns that Singaporean agricultural giant Olam Agri Holding’s bid to acquire ASX-traded cotton ginner Namoi Cotton could reduce competition and stick cotton farmers with higher prices, one month after flagging similar concerns with Louis Dreyfus’ competing takeover proposal.
The United Firefighters Union has lost an appeal of two Fair Work Commission decisions, with the Full Federal Court finding that a commissioner did not err in deciding the matter at a later time.