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ASIC has won travel bans against two people who are being investigated over their links to Keystone and Falcon Capital funds, which are suspected of misusing investor money, after the regulator claimed losses could be “catastrophic”.
Private equity firm Goldstone has cited an "irretrievable breakdown" in the relationship between shareholders in seeking to appeal a ruling that found it liable for oppression.
Legal experts say climate-related litigation will continue -- and even increase -- despite a judge's dismissal this week of a class action by Torres Strait Islanders alleging the government was negligent in failing to protect them from the harmful effects of climate change.
A judge has found that there is no need to revise the 27.5 per cent group costs order secured by Slater and Gordon following the consolidation of two class actions against Insurance Australia, despite the likelihood of a larger payout to the firm.
The legal watchdog’s latest case against the owners of a Melbourne law firm -- part of countless "collateral" proceedings between the parties -- should be fixed for a final hearing ASAP, a judge has said.
Construction PRO
Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.
The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.
Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.
A judge has found that the government owes no duty of care to Torres Strait Islanders to protect them against the effects of climate change, despite finding that there was a very real risk they could become “climate refugees”.
An appeals court has held that directors cannot be found guilty of unlawfully making a deal to prevent employees from receiving their entitlements if they believe they could be paid out under the Fair Entitlements Guarantee scheme.