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The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
A judge has dismissed a bid by a group of labour hire companies to disqualify former Labor MP now Fair Work Commission deputy president Terri Butler from same job, same pay cases for apprehended bias.
Online investment platform eToro has won its bid to rely on late expert evidence in ASIC's first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
Maurice Blackburn is seeking a 33 per cent cut of any settlement in a class action against Sportsbet, arguing that law firms "doing well" for themselves by running class actions is an inherent feature of the contingency fee scheme.
In a major loss for the Australian Taxation Office, a High Court majority has found an agreement between US soft drink giant PepsiCo and Schweppes Australia to sell brands such as Pepsi and Mountain Dew in Australia was not subject to a royalty withholding tax.
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
EY may seek damages against rival consulting firm Alvarez & Marsal after it won preliminary discovery to pursue possible claims over a mass departure of partners and staff from its international tax practice.
The High Court has halved a $40,000 fine received by former Liberal MP Andrew Laming over three Facebook posts that breached electoral rules, finding the penalty should reflect the number of publications rather than the number of views.
A judge has refused a bid by the Port of Newcastle to make declarations following the dismissal of Glencore Coal's case claiming it was overcharged $874,000 in wharfage fees, saying her judgment was clear on its face.
Seven Network has secured a suppression order over court documents ahead of mediation in a lawsuit lodged by a long-time producer, with a judge agreeing media access to the case may “imperil” the settlement talks.