Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.
The High Court won’t hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can’t dodge the obligations contained in the National Credit Code through their lending model.
Payday lenders BHF Solutions and Cigno are fighting ASIC’s bid for an injunction barring them from breaching consumer credit laws, with BHF claiming it should not be exposed to contempt.
The sacked boss of Orix Australia — who escaped charges of corruption three years ago — has settled a dispute with his former employer, including a claim by the fleet management company for $18 million in damages.
A judge has paused a class action on behalf of 6,000 women allegedly injured by defective pelvic mesh devices pending determination of an application by Astora Health for a stay of the proceedings following its bankruptcy filing.
A judge was wrong to find that Mazda’s treatment of customers with faulty vehicles was appalling but not unconscionable, and nowhere in his ruling is there an explanation for the distinction, the consumer regulator has told an appeals court.
ASIC has won an appeal of a judge’s decision that found Gold Coast-based payday lenders Cigno and BHF did not need a licence to issue loans to hundreds of thousands of consumers.
The former boss of embattled tech company Nuix is asking for “special treatment” by arguing he is owed $183 million in options under a 2008 agreement, a judge has heard on the first day of trial in the ex-CEO’s case.
A former Nuix director appointed by Macquarie Bank must give evidence in person as the embattled tech company argues a claim brought by its former CEO is off by $140 million.
Former One Nation senator Brian Burston has resolved court proceedings brought by a former staffer Wendy Leach accusing him of sexual harassment and discrimination.