James Arnott

The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.

Star's former chief legal offer has won a stay of a $400,000 penalty as she appeals a finding that she breached her directors' duties by failing to alert the company's board to money laundering risks in its Sydney casino.

A judge has ruled that former Noumi CEO Rory Macleod failed to ensure the company complied with its financial reporting obligations, but found several of the corporate regulator’s claims fell flat.

Star’s former boss and chief legal officer have argued that a judge erred in finding they breached their directors’ duties by allegedly failing to inform the board of unacceptable money laundering risks in its Sydney casino. 

The former CEO and chief legal officer of Star Entertainment are challenging a judge's orders that they pay a combined $1.1 million for failures in connection with anti-money laundering compliance.

A judge has found that ASIC's case against WA gold mining company Wiluna over alleged omissions in a 2022 ASX announcement should await the determination of related cases against two executives, citing the risk of inconsistent findings. 

Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.

A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.

Kicking off its case against former Noumi CEO Rory Macleod, ASIC has told the court that Macleod was clearly aware of the "dramatic" difference between actual available stock and what was reported to the market in 2019 and 2020.

The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.