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Defunct forex broker Union Standard and its former agents have been hit with a combined $300.2 million penalty for “egregious” contraventions, including deliberately pushing risky derivative contracts onto inexperienced investors.
Construction PRO
Woodside Energy has exercised its pre-remption rights to block Inpex's acquitision of PetroChina's interest in the Browse Basin gas joint venture off Western Australia's coast.
Construction PRO
A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.
Oral care company Hismile has paid $138,600 in penalties after the consumer watchdog issued it with seven infringement notices over alleged false and misleading social media advertisements.
Construction PRO
The forced divestiture of Dexus' stake in airport operator APAC will proceed, after a court on Friday discharged injunctions temporarily blocking the sale amid a dispute over the disclosure of confidential information.
A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.
Construction PRO
The High Court has granted special leave to traditional owners who argue the Full Court erred in finding the WA government’s decision to expedite an exploration application by mining company Uro Western is not subject to judicial review.
Construction PRO
The High Court has agreed to weigh in on whether a judge needs to consider the details of an arbitration agreement before staying related proceedings, in a suit over a project for extracting hydrocarbons in the Bass Strait.
Construction PRO
AustralianSuper's head of real assets Nick O'Neil has been appointed as the new CEO and managing director of Lendlease, replacing Tony Lombardo, who is leaving the role earlier than expected.
Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.