The court will not get a chance to rule on the design and distribution obligations in the marketing of contracts for difference, after the Australian Securities and Investments Commission reached an agreement with eToro to resolve the first case of its kind.
Queensland developer Cav Gasworks is facing a suit by a purchaser of an ‘off-the-plan’ apartment, after being ordered to pay $10.3 million for using a sunset clause to renege on an agreement with another buyer in the luxury Newstead high-rise.
Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine.
A judge has refused to join the ATO as an interested party to a case over the receivership of investment platform Brite Advisors, after the receivers worried they could be on the hook for $75.4 million in capital gains tax.
The sacked CFO of Aaron Sansoni Group International who allegedly took control of the company’s domain names and the business name of its eponymous founder has been convicted of contempt and hit with freezing orders.
KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.
An appeals court has overturned the dismissal of a sexual harassment case and ordered a new trial after finding a judge did not consider crucial evidence and relied on “a preconception of how a victim would act”.
Bakers Delight has lost its appeal of a decision that found it was subject to a statutory reverse onus to disprove record-keeping claims in underpayments proceedings against a franchisee.
A court has tossed the corporate regulator’s case against Freedom Insurance’s former boss and another executive, finding that a sales incentives scheme did not breach conflicted remuneration laws.