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ASIC case over US Navy program ignores disclosure rule exceptions, Austal CEO tells court
The former boss of defence shipbuilder Austal, who is facing penalty proceedings by ASIC, has told a court the regulator's case was based on information that fit within a carveout to the ASX listing rules on continuous dislosure to the market.
Jump swim school hit with $23M penalty for ‘very serious’ consumer law breaches
The failed franchisor behind the Jump Swim Schools brand has been hit with a $23 million penalty for what a Federal Court judge found were "very serious" consumer law contraventions.
Aurizon accused of flagrant copyright infringement by software giant Dassault
Queensland rail operator Aurizon has been sued for breach of contract and "flagrant" copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.
Vic Solar hit with $3M penalty for consumer law violations
A judge has hit solar panel supplier Vic Solar with a $3 million penalty for breaching the consumer law by making misleading representations in thousands of door-to-door sales of solar panels.
Corner Hotel appeals loss in trade mark fight with jazz club
The Corner Hotel is taking another stab at cancelling a rival club's 'jazz corner' and 'jazz corner hotel trade marks', after a judge found the marks did not infringe  the famed Richmond pub's 'corner' trade marks.
Westpac gets lion’s share of proceeds from ‘anxious’ sale of collapsed fintech Sargon Group
Westpac will recoup the majority of proceeds from the $29.6 million sale of collapsed fintech Sargon Group, with a judge calling the company's liquidators "anxious sellers" who sold at speed and well below market value.
Telstra denied special leave in legal stoush with cities over smart payphone installation
Telstra has failed in its appeal to the High Court to hear its battle with Melbourne, Sydney and Brisbane over the planned upgrade of its payphone network across Australia.
The Corner Hotel loses trade mark lawsuit against Birdland-affiliated jazz club
A judge has thrown out a lawsuit brought by famed Richmond pub The Corner Hotel against a jazz club formed in partnership with iconic New York club Birdland alleging infringement of its 'corner' trade marks.
Volkswagen loses appeal of landmark $125M fine in ‘turning point’ for ACCC
Volkswagen has lost its challenge to a landmark $125 million Dieselgate penalty handed down by a judge who lambasted a $75 million fine proposed by the ACCC as "manifestly inadequate", in what ACCC chair Rod Sims told Lawyerly was a “turning point” for the regulator to push for higher fines.
Judge orders penalties of $1.4M in ASIC’s case against Dover Financial
A judge has ordered that defunct Dover Financial Advisors and its former director pay $1.4 million in penalties for creating a misleading client protection policy he described as “an exercise in Orwellian doublespeak.”