Most Recent
EY partner terminated over bar fight loses lawsuit
An Ernst & Young tax partner who was terminated from the partnership over his involvement in a bar fight has lost his lawsuit against the firm, with a judge finding the partnership agreement extended to private conduct.
RAMS ordered to pay $20M penalty in ASIC case
Defunct Westpac home loan unit RAMS has been hit with a $20 million penalty after admitting to widespread misconduct at its franchises over a four-year period.
Construction PRO
Acciona weighs claims against Veolia, as $224M WTE plant spat ramps up
Spanish infrastructure firm Acciona is mulling cross-claims against contractor Veolia Australia after losing its fight to move their dispute over the Kwinana waste-to-energy project west, a court has heard.
Mastercard can appeal privilege waiver ruling in ACCC’s case
Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.
US-based Air T to acquire regional carrier Rex Airlines
The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.
Westpac agrees to $20M penalty in ASIC case against RAMS
A judge has raised concerns about whether an agreed-to $20 million penalty against Westpac's defunct home loan subsidiary RAMS is enough to deter other lenders from breaking credit rules.
Westpac employee told WFH ‘no substitute for childcare’
Westpac has lost a dispute with a part-time employee who asked to work from home to care for two young children and was told by a manager that “working from home is no substitution for childcare”.
Apple, Google say orders sought by Epic Games go ‘well beyond’ case
In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.
Construction PRO
Macquarie sells Aligned Data Centers in $61B deal
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Qantas customer data leaked following July cyberattack
Qantas said Sunday that customer data accessed during a July cyberattack via a third party platform has been published by cybercriminals.