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The Full Federal Court has upheld a finding that fintech iSignthis made misleading representations to shareholders, as well as a decision socking it with a $10 million penalty.
Construction PRO
An off-the-plan purchaser has been refused leave to be heard in a case by liquidators against the collapsed construction giant Ralan's former sales manager and his wife, with a judge finding the purchaser's submissions failed to identify which company allegedly owed her.
Former Star Entertainment's boss has been granted an exemption to a six-year corporate ban, with a court allowing him to direct a self-managed super fund.
Construction PRO
A judge has hit the liquidators of failed construction giant Ralan with costs following an adjourned hearing, but declined to find the use of AI was cause for an adverse costs order.
The ACCC can continue to pursue cartel claims against defunct crane operator MCR Melrose, with a judge finding the regulator's case was in the public interest and unlikely to prejudice creditors.
A group member in a class action against Johnson & Johnson unit Depuy that resolved 14 years ago has successfully challenged his compensation award, with an appeals court finding the independent counsel who calculated his payout was bound by rules of procedural fairness.
Israel-based Smart Trike is seeking to withdraw its admission that it supplied noncompliant convertible strollers to the Australian market in a fight with distributor Target over a recall of the products.
A judge has refused to bifurcate a dispute between Smart Trikes and Target over the supply and eventual recall of allegedly unsafe convertible strollers, finding any time and cost savings were likely to prove illusory.
Construction PRO
A judge wants answers on why builder Geocon has filed a $4 million construction dispute over two Canberra developments in the Federal Court, where a separate fight with its joint venture partners is playing out.
The Full Federal Court has tossed Latitude Finance and Harvey Norman's appeal of a ruling that found the retailer's ads touting 'interest free' payment methods were misleading.