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Deloitte director ordered to repay $3M in case of ‘remarkable fraud’
A former Deloitte director accused of embezzling $3.1 million has agreed to court orders that he repay the money and hand over title to all assets -- including almost 100 works of art -- purchased with the alleged misappropriated funds.
NAB hit with human rights suit over ‘boy’s club culture’
NAB is facing a human rights suit from a senior employee who alleges she was subject to years of discrimination because of her race, gender and French nationality and bullying, including having a baseball bat brandished at her.
High Court to hear CoreLogic appeal over copyright for real estate pics
The High Court has agreed to weigh in on whether property data analytics firm CoreLogic infringed a real estate photographer's copyright by uploading images from realestate.com.au to its platform.
IOOF unit settles ASIC’s cybersecurity test case
IOOF unit RI Advice has agreed to settle novel proceedings brought by the Australian Securities and Investments Commission claiming it failed to protect its clients against cybersecurity risks.
Judge baulks at funder’s 70% commission for case over NewSat collapse
NewSat investor Rockgold Holdings has lost its bid to appoint a special purpose liquidator to run a lawsuit against eight major banks after a judge found its proposed 70 per cent funding fee “wholly disproportionate”.
High Court refuses leave to class action in GST case against developer
The High Court won't hear a challenge to a decision finding a Canberra property developer that misled investors about GST on its apartments did not have to pay for losses alleged in a class action against it.
Melissa Caddick’s unemployed husband stakes claim to homes, cars
The husband of Sydney conwoman Melissa Caddick has staked his claim to a share of his late wife’s estate, and asked the court to deliver up a bundle of property, including Caddick’s Gucci wedding dress.
Another aggrieved partner takes HWL Ebsworth boss to court
HWL Ebsworth managing partner Juan Martinez is yet again the target of a lawsuit, the latest claiming he committed a "fundamental breach" by locking a capital partner out of the office and withholding profits after the partner gave notice.
Commissioner with frequent flyer card won’t recuse himself from Virgin vaccine challenge
Fair Work Commissioner Nick Wilson has dismissed a recusal bid by nine former Virgin employees who argued his frequent flyer membership with the airline meant he was unable to hear their cases.
ASIC suspends Dixon Advisory’s financial services licence
In yet another blow for the embattled wealth manager, the Australian Securities and Investments Commission has suspended Dixon Advisory's financial services licence.