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A leading commercial barrister who was one the of the founding members of Banco Chambers has been appointed as a judge on the NSW Court of Appeal.
A judge has signed off on a $23.1 million cut for funder Augusta of a $100 million settlement in a class action against Colonial First State, which he previously called "strange" and said may not reflect the risk the funder shared with Slater & Gordon in running the case.
Car park operator Secure Parking has been hit with a $10.95 million penalty for misleading consumers in major cities about its car reservation service, causing them to be late or miss appointments and work commitments entirely.
A judge has signed off on an agreed-to $5 million penalty against Noumi in ASIC proceedings for violating its continuous disclosure obligations and found the food company's non-disclosures caused it shares to trade at an inflated price.
Two judges have declined to award carriage of a class action against International Capital Markets over risky derivative products to a firm accused of plagiarising its rivals' pleading.
In a first for a Big Four firm, PwC has made good on its promise to appoint an independent chair to its board and has tasked law firm Webb Henderson and former top judge with tracking its progress on other commitments made in the wake of its tax leaks scandal.
Regional air carrier Rex Airlines has filed for voluntary administration after failing to compete with Qantas and Virgin on major routes.
Two units of the Commonwealth Bank of Australia on Monday pleaded guilty and were hit with $48,000 in penalties for denying staff $1.67 million in long service leave entitlements.
A lawsuit against the Commonwealth by a former staffer who accused South Australian MP Rebekha Sharkie of bullying has been discontinued.
Hong Kong-based NGS Crypto Group and its director have lost their bid to undo receivership and freezing orders made amid concerns about dissipation of assets as ASIC investigates whether hundreds of Australians who sank $21.1 million into the crypto firm were misled about the safety of their investments.