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Westpac will recoup the majority of proceeds from the $29.6 million sale of collapsed fintech Sargon Group, with a judge calling the company's liquidators "anxious sellers" who sold at speed and well below market value.
An ASIC review has found that 17 per cent of clients of IOOF unit RI Advice may have been exposed to harm, one month after a judge found that one of its former advisors violated the law by steering investors towards risky investments.
A judge has temporarily barred Qantas from moving forward with its plans to terminate a long haul pilot who reached the mandatory retirement age of 65, saying the pilot had established that he may have an age discrimination claim against the airline.
A criminal defence lawyer who represented convicted criminal Salim Mehajer has won court approval to join the editor of the Sydney Morning Herald to her defamation lawsuit over an article and social media posts that allegedly implied she breached her oath as a solicitor by being romantically involved with clients.
A judge overseeing Ben Roberts-Smith's defamation case against Fairfax has refused a bid by the publisher to bolster its defence with further allegations of criminal conduct by the soldier, who told the court Friday former Governor-General Quentin Bryce will give evidence for him at the upcoming trial.
A $138 million class action settlement with IAG over alleged junk insurance will go ahead after a judge found he was "bereft" of power to vary his prior approval judgment and include late opt out bids by group members that threatened to derail the agreement last month.
A Federal Court class action against two NAB units over $6.3 billion in super funds is on hold after lawyers for the applicant filed an appeal of a ruling that found their state court proceeding had been invalidly commenced.
Ben Roberts-Smith has raised “serious concerns” in his defamation case against Fairfax that the media company may have unlawfully published classified material he allegedly buried in his backyard, with the war veteran asking for an explanation of where it came from.
The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial "before we all retire" will soon weigh the ACCC's claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.
The publisher of the Australian Financial Review has settled a defamation lawsuit by iSignthis CEO John Karantzis over an article by Rear Window columnist Joe Aston that allegedly falsely linked him to a money laundering scheme.