After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.
BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.
The makers of Little Bellies Fruit Puffs have raised concerns budget supermarket chain Aldi could continue to infringe their copyright despite a recent court ruling in their favour.
Maxcon Developments, which allegedly owes $23 million in unpaid tax, has lost its bid to stay orders winding up the business, with a judge deeming the company “hopelessly insolvent”.
Russian company UC Rusal wants the High Court to hear its appeal of an “extremely harsh” finding that Rio Tinto was entitled to refuse alumina deliveries due to export sanctions.
CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.
The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.
Insurer Marsh has wasted no time in appealing a ruling that it breached an obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill in separate proceedings.
Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers.