Investors in collapsed stockbroker Halifax Investment Services have failed to overturn decisions in Australia and New Zealand relating to the date of realisation of their investments which have decreased the amount they can recover in the company’s liquidation.
MinterEllison and Crown Resort’s internal lawyers were partially at fault for misconduct unearthed in a damning Royal Commission report into the casino operator because they failed to ask whether certain actions were moral as well as legal, the commissioner has found.
Crown Resorts has avoided having its casino licence stripped, for now, with a Victorian Royal Commission giving the casino operator two years to clean up its act after finding it failed to prevent “illegal, dishonest, unethical and exploitative” conduct.
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
The National Australia Bank is seeking an urgent declaration regarding the interpretation of the Fair Work Act, four days after the Wage Inspectorate of Victoria accused it of failing to pay former employees their long service leave entitlements.
Infrastructure developers Lendlease and Acciona are suing each other for tens of millions of dollars over alleged losses stemming from Acciona’s $160 million acquisition of Lendlease’s engineering business, which saw it take over the Gawler rail project in South Australia.
The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.
A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.
A joint venture which helped design the Melbourne Metro has filed a $50 million lawsuit claiming they were not given enough of a $1.37 billion payout promised by the state’s government to cover additional work.
The Federal Court has issued an arrest warrant for Forum Finance founder Bill Papas for contempt of court for allegedly transferring $720,000 out of one of his companies in breach of a freezing order.