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Noumi’s ex-CEO knew of ‘dramatic’ gap between reporting, reality, ASIC says
Kicking off its case against former Noumi CEO Rory Macleod, ASIC has told the court that Macleod was clearly aware of the "dramatic" difference between actual available stock and what was reported to the market in 2019 and 2020.
Construction PRO
Clough loses appeal in spat with EnergyConnect JV partner
Engineering firm Clough Projects Australia has lost its challenge to a judge's decision that stayed a $55 million cross-claim against former EnergyConnect joint venture partner Elecnor but kept Elecnor's case alive.
‘Everyone had a chance’: Magnamail denies prize draw promotions were misleading
Mail order company Magnamail has denied allegations by the Australian Competition and Consumer Commission that it sent false or misleading promotional material implying customers were eligible for major prizes if they ordered from its catalogues. 
Construction PRO
Lendlease drops KPMG as its auditor following data leak
Lendlease has dropped KPMG as its auditor, after it was revealed under parliamentary privilege that the firm misused the developer's confidential client data. 
Giggle for Girls asks High Court to undo discrimination win for trans woman
Social media app Giggle for Girls has asked the High Court to reverse a finding that it committed direct discrimination on the basis of gender identity by excluding a transgender woman from its platform.
Construction PRO
LU Simon sued for delays in $74M Box Hill development
A developer has taken builder LU Simon to court, seeking an order that it pay $8.7 million in liquidated damages for failing to complete a $74 million residential development in Box Hill on time.
Construction PRO
Neil Mansell unit loses recusal bid in dispute over Sunshine Coast quarry
A judge has rejected claims by a Neil Mansell unit that comments he made at a mention in February made it appear he had a “closed mind” in deciding a long-running dispute over a Sunshine Coast quarry. 
High Court won’t undo solicitor’s win in negligence case
The High Court won't hear a challenge to a dismissed negligence suit against a Sydney solicitor, in an appeal dealing with whether lawyers need to examine the underlying contracts in a dispute before determining whether a claim or defence has merit.
Union Standard cops record $300M penalty in ASIC case
Defunct forex broker Union Standard and its former agents have been hit with a combined $300.2 million penalty for “egregious” contraventions, including deliberately pushing risky derivative contracts onto inexperienced investors.
Construction PRO
Native title group wins High Court leave in expedited exploration row
The High Court has granted special leave to traditional owners who argue the Full Court erred in finding the WA government’s decision to expedite an exploration application by mining company Uro Western is not subject to judicial review.