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Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a "knowing participant" when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.
High Court tosses appeal of sacked climate-skeptic professor
The High Court has thrown out sacked climate skeptic professor Peter Ridd's appeal of his dismissal by James Cook University, finding protection of intellectual freedom is not a “general freedom of speech”.
Media outlets win reprieve from ban on filming lockdown protests
Nine Network, Seven Network and the Australian Broadcasting Corporation have won a temporary injunction barring the Civil Aviation Safety Authority from declaring the area above the Melbourne CBD to be a restricted area in response to anti-lockdown and anti-vaccine protests that have disrupted the city.
Ex-Hendry Group CEO says she learned of misconduct allegations from board meeting minutes
The former CEO of Hendry Group who claims the business consultancy suspended her after she complained of bullying and sex harassment has lashed out at the company's claims that she was let go for misconduct, saying she only became aware of the allegations against her through board meeting minutes.
Hendry Group says ex-CEO ousted because of ‘serious concerns’, not sex discrimination complaints
Business consultancy Hendry Group has told a court there was "no possible causal connection" between sex discrimination complaints brought by a former CEO and her suspension, saying that the company showed her the door because of "genuine and serious concerns" about her conduct.
ASIC brings action against Mayfair 101 for ‘misleading’ advertising
The Australian Securities and Investments Commission has launched proceedings against investment firm Mayfair 101 Group and Mayfair Platinum accusing them of misleading advertising.
Court forces ASIC to delay warning against Mayfair 101 despite COVID 19-stoked investment fears
A judge has ordered ASIC to wait 48 hours after making any decision to send a warning notice to investment conglomerate Mayfair 101 before publicly issuing the notice, despite the regulator's call for urgent action amid the COVID-19 pandemic.
Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.