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,…
Disgraced soldier Ben Roberts-Smith is digging in with his attack on a judge’s findings that he committed war crimes in Afghanistan, asking the High Court to find in his favour in a defamation case against Nine.
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
Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.
A class action alleging a conspiracy against collapsed investment fund Blue Sky continues to be whittled down, with a court giving the firm’s founder the green light to drop claims against a handful of defendants, including law firm Gadens and AFR publisher Nine.
An appeals court has tossed a challenge by construction firm Builtcom to an adjudication that slashed a $30 million payment claim against developer VSD Investments by $21 million, saying mere legal error was not enough.
The High Court has rebuffed the CFMEU’s constitutional challenge to legislation used to facilitate its takeover by the federal government, rejecting an argument that the laws amounted to an unjust acquisition of the union’s property.
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 deadline looms for a creditors’ meeting to decide the future of collapsed building company Sharvain Façades, but its administrator wants a court to stop the clock, concerned a vote for liquidation will thwart recovery of $3.2 million from Roberts Co.
A judge is mulling whether to declass a group proceeding against the Australian Football League and Geelong Football Club, saying after three years of pre-trial procedures, the case is officially “out of hand”.