Super trustee Macquarie Investment Management has admitted it failed to act efficiently, honestly and fairly after thousands of members invested $321 million in a Keystone fund under investigation for misusing funds.
The Chief Justice of the Queensland Supreme Court has warned lawyers they could be referred to the legal watchdog or face a personal costs order if they file submissions that contain hallucinations produced by generative artificial intelligence.
Abbey Animal Health has managed only a “pyrrhic victory” in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.
Puma has lost its opposition to a trade mark application by Tiger Woods’ golf apparel and equipment brand Sun Day Red, failing to convince the Trade Marks Office that the company’s logo is deceptively similar to its iconic leaping cat mark.
The University of Wollongong has agreed to pay over $6.6 million to thousands of underpaid staff members as part of an enforceable undertaking with the Fair Work Ombudsman.
Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
Mining magnate Clive Palmer has lost a long-running fight against Western Australian legislation over an iron ore project in the Pilbara, with an international tribunal finding it had no jurisdiction to hear $300 billion case.
An appeals court has binned construction firm Shamrock’s second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
A court has declined a developer’s appeal of a Sunshine Coast council’s rejection of plans to build a BP service station as well as a McDonald’s and KFC at vacant land in Maroochydore.
Housing developer Aspen Group has paid $14.1 million to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia.