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ASIC issues notices to Nuix as part of investigation
Corporate 2021-09-02 11:16 pm By Christine Caulfield

The Australian Securities and Investments Commission issued notices Thursday to Nuix seeking documents in its investigation of the troubled tech company. Nuix confirmed it had […]

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Hall & Wilcox recruits insurance partner from Herbert Smith Freehills
Business of Law 2021-09-02 5:44 pm By Sam Matthews

Hall & Wilcox has expanded its corporate insurance, commercial and regulatory offering with the appointment of new partner Philip Hopley, formerly of Herbert Smith Freehills. […]

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CBA faces climate change action over oil and gas project finance
Energy & Natural Resources 2021-09-01 10:18 pm By Christine Caulfield

The Commonwealth Bank of Australia faces shareholder action seeking records on its financing of gas and fossil fuel projects to ensure compliance with the bank’s […]

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Court throws out $106M judgment against Adani over Abbot Point fees
Energy & Natural Resources 2021-09-01 4:38 pm By Miklos Bolza

A subsidiary of Indian conglomerate Adani Group has successfully overturned a $106 million judgment against it over access charges for its Abbot Point coal terminal. […]

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Ex-Deutsche Bank exec looks to knock out cartel charges
Competition & Consumer Protection 2021-09-01 11:07 pm By Cat Fredenburgh

A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective […]

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice […]

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PwC settles Zilzie Wines lawsuit over unsolicited R&D tax advice
Financial Services 2021-09-01 5:56 pm By Cat Fredenburgh

A settlement has been reached in a Murray Darling wine making family’s lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more […]

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Judge in ASIC’s first COVID-19 case says legal team swap no excuse for defaulting on orders
ASIC 2021-09-01 1:55 pm By Cindy Cameronne

The judge overseeing ASIC’s first COVID-19-related case has criticised personal lender ClearLoans’ delay in responding to the case, saying a change in the company’s legal […]

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of […]

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Medtronic sold bone graft kits without regulatory ok, court action alleges
Healthcare 2021-09-01 1:10 pm By Bianca Hrovat

Tens of thousands of hospital patients were put at risk when Medtronic unlawfully supplied a bone grafting kit to hospitals that was not registered on […]

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