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The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
Diversa has been grilled by a parliamentary committee for its refusal to admit failures over the now defunct First Guardian fund, as ASIC reveals it has launched two additional investigations against the super fund trustee.
A class action against Mulpha over a 683-lot development in Glenmore Park will discontinue stigmatisation claims, with property damage claims still remaining, a court has heard.
A judge has scolded the parties in a price-fixing case against Downer EDI's Spotless and Ventia for not conferring long enough to finalise critical documents ahead of trial, saying he should have ordered they stay in a room "without bread and water" until the task was complete.
Former Melbourne Demons chair Glen Bartlett is suing Nine for defamation over its coverage of a settlement in separate defamation proceedings he brought against club president Kate Roffey.
After waiting a year for discovery, a class action over allegedly faulty transmissions in Holden cars plans to ask the court to allow it to filter General Motors' data itself.
Construction PRO
IG Power is fighting CS Energy’s bid for a judge to recuse himself from a $1 billion lawsuit over “catastrophic” incidents at the Callide power station, saying a judge simply because it's "easier" or could be "awkward".
Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.
Construction PRO
As Bathla administrators reveal debts of over $3.4 billion, the corporate regulator has told a senate committee hearing the sheer number of private lenders that backed the company will make its tracing task difficult.
Cosette wants to strike out Mayne Pharma’s claim for damages over their thwarted $672 million merger, arguing it creates a multiplicity of cases in which various shareholder groups' interests conflict.