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A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
Construction PRO
A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has "overreached".
Mayne Pharma and US drug maker Cosette have agreed to postpone the start of trial in a case over the termination of a $672 million merger to allow for late amendments.
A judge that granted carriage of a Google ad tech class action to Maurice Blackburn and Phi Finney McDonald has reiterated concerns that such cooperative arrangements between firms could breach competition law.
Construction PRO
The High Court has declined to weigh in on when a court should step in when the machinery governing the entitlement to payments in a contract breaks down, in a dispute between builder Glenvill and Amcor over asbestos remediation at an industrial site in the Melbourne suburb of Alphington.
Mining magnate Clive Palmer has accused his lawyer of longstanding, Sam Iskander, of stealing $30 million in legal fees from his mining company Mineralogy.
An appeals court has rejected a bid by NSW MP and convicted rapist Gareth Ward to block state parliament from expelling him until any appeals against his conviction are determined.
E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company's suppliers to a competitor after jumping ship.
Victoria will continue to be a magnet for class actions after the High Court shot down solicitors' common fund orders as clashing with NSW law, but the door may still be open for garden state lawyers to try their luck in the Federal Court.
The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.