Christine Caulfield

The Australian Securities and Investments Commission has launched enforcement action against an Interprac authorised representative who allegedly promoted the failed First Guardian investment fund to hundreds of clients.

China's state-run CITIC has lost an appeal bid to the High Court in its long-running battle with Clive Palmer over the $12 billion Sino Iron project in Western Australia.

Investor White Oak on Tuesday fought back against a push by IAG and Tokio Marine for over $15 million in security on the eve of trial in its case over the collapse of Greensill Capital, saying the insurers' Rolls Royce approach was unreasonable now that the bulk of the $7 billion litigation had settled.

A judge has found that RAMS breached its duty of good faith by terminating a franchise agreement on Westpac’s recommendation without resolving concerns about the evidence backing its decision, but tossed unconscionable conduct claims against the home loans business.

US-based Amika has settled a lawsuit accusing Kmart and Target of selling knockoff versions of its trendy haircare products. 

Interim stop orders against Remara's $40 million cash management fund have been removed after the private credit lender updated the fund's target market determinations.

Land lease operator Ingenia Communities has opened its books to Warburg Pincus after the US private equity firm improved its takeover bid to $2.14 billion.

The team from Perth's Chord Advisory -- headed by two former Herbert Smith Freehills Kramer partners -- will join Clayton Utz to strengthen the Big Six firm's infrastructure, construction and real estate practice.

Engineering company Gulf Civil has lost a challenge to an adjudicator's payment claim decision after arguing an  agreement to hire equipment from K & F Group did not constitute a construction contract.

The liquidators of GFG Alliance's Tahmoor Coal have lost their appeal of a decision over a royalties deed in favour of former owner Glencore.