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Virgin class action trial good candidate for ‘imaginative’ use of AI: judge
A judge has ordered the parties in an investor class action against Virgin to consult with experts on how to use AI in an upcoming seven-week trial, one day after the judge made similar orders in a class action against Blue Sky.
Coles ditches court challenge to ACCC block of Kalgoorlie site buy
Coles will continue its fight against the ACCC's decision to block its plans to lease a new site in Kalgoorlie, WA in the Competition Tribunal only, dropping a Federal Court challenge.  
Sydney Markets ex-CEO weighs cross-claims against Chubb
The former CEO of Sydney Markets is looking to bring a cross-claim against the company and insurer Chubb in his former employer's suit accusing him of misappropriating $1.38 million in company funds.
‘Who is looking at them?’: ASIC chair calls for regulation of Big 4
In her first speech as chair of ASIC, Sarah Court has called for regulation of Big 4 accounting firms in the wake of the KPMG whistleblower scandal and warned the collapse of property developer Bathla may be the “first significant crack” in the private credit market.
Law firm didn’t do enough to find Merivale class action members: judge
A judge has criticised the principal of boutique firm Adero Law for not doing enough to contact group members to share in a $19.25 million settlement in an underpayments class action against hospitality giant Merivale, including conducting a Google search.
Mid-trial amendment in Nuix class action wins court OK
A judge has allowed a mid-trial amendment in a shareholder class action over software company Nuix's 2020 public float on the ASX.
KPMG partner defends Arrium audits ahead of $4B collapse
A KPMG partner who resigned in the wake of the firm's leaks scandal in May has defended his auditing of now defunct steelmaker Arrium, telling a court that inconsistencies were resolved through talks with management.
Macquarie drops KPMG as preferred auditor, keeps PwC
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
Judge ‘can’t understand’ class action’s damages case over Coles discounts
A judge is confused by a class action’s case for damages against Coles, after he found that the supermarket chain misled consumers through its 'Down Down' discount campaign. 
Arrium ex-chairman denies $400K share purchase to show ‘brave face’
The former chairman of collapsed Arrium has denied that his purchase of 750,000 shares was aimed at showing confidence in the company, attributing his purchase to a personal policy.