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Ex-iSignthis director to appeal $1M fine, disqualification
Appeals 2025-08-11 11:05 pm By Cat Fredenburgh

Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders. 

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iSignthis, director hit with $11M in penalties in ASIC case
Fintech 2025-08-08 11:29 pm By Cindy Cameronne

A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.

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Construction PRO
High Court won’t hear Amcor remediation fight with Glenvill
Construction 2025-08-08 11:55 pm By Cat Fredenburgh

The High Court has declined to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.

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BHP worries about class action rewriting case after misinterpreting report
Class Actions 2025-07-25 11:55 pm By Andy Sidler

BHP has pushed back on reply submissions in a shareholder class action which the energy company says mistakenly interpret an internal report as putting the risk of collapse of BHP’s wastewater dam in Brazil at 25 to 50 per cent. 

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BHP class action loses bid to have High Court weigh in on group member definition
High Court 2025-06-16 11:45 pm By Cat Fredenburgh

The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.

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ASIC’s appeal in case against Auto & General rejected as ‘inherently contradictory’
Insurance 2025-06-06 11:50 pm By Julia Kanapathippillai

An appeals court has dismissed the corporate regulator’s “logically inconsistent” appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.

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Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
Class Actions 2025-05-27 11:25 pm By Andy Sidler

On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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CIMIC class action wins court nod for $45.25M settlement
Class Actions 2025-04-07 2:04 pm By Christine Caulfield

A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.

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Construction PRO
Luxury builder Glenvill wins appeal in drawn-out battle with Amcor
Construction 2025-03-27 11:39 pm By Andy Sidler

After more than a decade, luxury home builder Glenvill is a step closer to remediation for an asbestos clean-up at an industrial site in the Melbourne suburb of Alphington, purchased from Amcor for residential development.

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