ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.
The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
Collapsed Roberts Co Victoria will oppose a creditor’s bid for an extension in a case seeking to wind up the construction company, claiming it is “effectively on death row” and suffering reputational damage.
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.
An activist group has launched a legal challenge to Woodside’s proposed North West Shelf gas venture extension to 2070, seeking judicial review of Western Australia’s approval decision.
The Australian Football League and Geelong Football Club have brought applications seeking to strip a case over on-field concussions of class action status.
The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.
Online mattress retailer Emma Sleep has admitted to misleading consumers about the sale price for mattresses, but a court has found its German parent company is not on the hook because its executives did not give directions to the Australian unit.
The High Court has declined coffee maker Cantarella’s special leave application arguing the Full Court should have found it was an honest concurrent user of the ‘Oro’ trade mark, which was first used by another coffee maker.
NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.