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The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled investors about its financial products.
The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice approving the company’s advertising of financial products that a court has found misled investors.
Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker's decision earlier this year to abandon a dealership model in Australia.
A judge has ruled legal challenges to orders requiring COVID-19 vaccines for certain workers in New South Wales are not exceptional enough to warrant the disclosure of cabinet documents, with the judge noting he did not think the state health minister's orders made vaccines "mandatory".
Thousands of emails have inundated the inbox of the judge overseeing legal challenges to the NSW health minister’s orders mandating COVID-19 vaccinations for certain workers, prompting a public warning against interfering with the administration of justice.
Logistics company GetSwift's settlement of a shareholder class action will see group members share in $1.5 million cash plus access to further funds and revenue raised by the company over a three-year period.
Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.
While acknowledging it was a ‘loaded’ word, a judge has rejected a bid by the federal government to edit out the word 'stolen' from a notice to members of the third stolen wages class action brought by Shine Lawyers.
A property developer suing law firm Sparke Helmore in a $1 million negligence suit has resisted a bid for $215,000 in security for costs made weeks ahead of a four-day hearing in the matter, calling the sum "excessive".
Prosecutors have told a court they are nearing deals with a number of individuals accused of criminal charges in its cartel case against Vina Money Transfer.