Industries

A Southern Cross Gold unit has attacked a community group’s failure to put on evidence of its members' financial status to support claims that it can't meet the company’s $230,000 security demand in a dispute over a Victorian tunneling project. 

Richard White and his anti-money laundering software company Kyckr have hit back at an unfair dismissal case by the company's former chief technology officer, claiming she was terminated for “longstanding performance issues”.

A judge has questioned the level of detail in a 1,700-page proposed amended pleading in a shareholder class action over the collapse of fund manager Blue Sky, expressing "frustration" at the amount of unnecessary work that goes on in class actions.

One of the KPMG partners who shared confidential client information has stepped away from the firm’s audit with Westpac and will leave the firm. 

The Australian Competition and Consumer Commission has opened a phase 2 review into animal drug company Zoetis' proposed acquisition of Neogen's global animal genomic testing business, saying it would substantially lessen competition in the market for animal gene testing services.

A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.

A class action on behalf of 32,000 ALDI workers who were allegedly denied pay for pre- and post-shift work has settled for $55 million, with the retail workers union set to receive $1.5 million towards its costs.

A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.

So-called trap calls to suspected intellectual property violators should not be made by solicitors, a judge has said, referring to two phone calls by a lawyer acting for a Queensland pool company in a trade mark dispute.

Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.