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Judge asks GetSwift GC why he didn’t call out directors for being ‘bullies’
Securities 2023-01-31 8:05 pm By Cindy Cameronne

A judge has grilled the former general counsel of defunct logistics company GetSwift about why he did not confront the company’s directors for ā€œbullyingā€ other […]

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ASIC appeals loss in conflicted remuneration case against CBA
Financial Services 2022-10-26 5:18 pm By Cindy Cameronne

The Australian Securities and Investments Commission has filed an appeal after a judge dismissed its case alleging the Commonwealth Bank of Australia accepted conflicted remuneration […]

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CBA defeats ‘misconceived’ ASIC conflicted remuneration case
Financial Services 2022-09-29 11:11 am By Sam Matthews

The Australian Securities and Investments Commission has suffered a defeat in proceedings alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of […]

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Oil company ‘holding a gun to courtā€™s headā€™ to delay $328M East Timor dispute, judge says
Energy & Natural Resources 2022-09-15 2:53 pm By Cindy Cameronne

Lighthouse Corporation was holding “a gun to the headā€ of the court in seeking to adjourn a $480,000 bid for security in a dispute with […]

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Judge signs off on $32M in penalties against Westpac
Financial Services 2022-04-21 3:47 pm By Cindy Cameronne

A judge has approved $32 million in penalties against Westpac in two cases brought by the corporate regulator accusing the bank of misleading thousands of […]

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Judge hits Westpac unit with $20M penalty over conflicted remuneration
Financial Services 2022-04-08 10:53 pm By Sam Matthews

A judge has signed off on a $20 million penalty against Westpac subsidiary BT Funds Management for improperly charging 9,000 members insurance premiums that included […]

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Connective directors hit with indemnity costs for ‘outrageous’ conduct in shareholder stoush
Securities 2022-04-06 4:55 pm By Miklos Bolza

The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their “outrageous conduct” in pursuing litigation against a company shareholder, including […]

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Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Corporate 2022-03-28 8:57 pm By Miklos Bolza

Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 […]

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Green groups dodge $450,000 security in cases against VicForest
Environment 2022-03-25 1:08 pm By Cindy Cameronne

Environmental groups fighting to protected the threatened greater glider have defeated VicForestsā€™ bid for security for costs after a judge found the orders would ā€œstifleā€ […]

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7-Eleven ordered to pay $595,000 for misleading franchisee over term of lease
Competition & Consumer Protection 2022-03-22 7:08 pm By Miklos Bolza

Convenience store giant 7-Eleven must hand over $595,000 to a franchisee found to have signed a franchise agreement and invested almost $796,000 into a Melbourne […]

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