Blockchain mining company NGS Crypto has consented to orders sought by ASIC amid concerns that hundreds of Australians who sank $21.1 million into the business were misled about the safety of their investments. The Australian Securities and Investments Commission took NGS Crypto Group and its Australian subsidiaries to court, seeking orders winding up the companies,…
Carpet giant Godfrey Hirst has brought proceedings against its former general counsel and former law firm Piper Alderman, alleging they were involved in a scheme to give confidential information to a rival
CityLink operator CML, which was found to have overcharged Eastlink operator ConnectEast, has argued that it also overpaid and is entitled to damages, but ConnectEast has told a judge the claim is time-barred and doesn’t fall within a cross-claim exception.
The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
The corporate regulator has launched an inquiry into the Australian Securities Exchange following “repeated and serious failures”, while discontinuing its investigation into a one-day technical failure in December 2024.
Collapsed Roberts Co Victoria will oppose a creditor’s bid for an extension in a case seeking to wind up the construction company, claiming it is “effectively on death row” and suffering reputational damage.
The Australian Football League and Geelong Football Club have brought applications seeking to strip a case over on-field concussions of class action status.
A judge has expressed doubt about the need for expert evidence in class actions against McDonald’s and KFC over their alleged failure to give workers rest breaks, saying “I imagine if you’re a worker, you’d like a rest”.
Red Bull has won its opposition to a Chinese beverage manufacturer’s bid to register ‘SeaBull’ as a trade mark for non-alocoholic drinks, with an IP Australia delegate finding the mark is deceptively similar to Red Bull’s.
A new statutory tort targeting serious invasions of privacy came into effect on Tuesday, raising new risks for companies, including publishers.