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The corporate regulator has told a court it has little hope for success in mediation in its case over SQM Research's positive reports on the failed Shield fund.
Counsel representing a class action on behalf of thousands of Aussie Home Loan customers has told a trial judge brokers "planted seeds" to convince customers they needed to take out worthless mortgage protection insurance.
The Full Court has tossed a former Neometals employee's appeal of his failed whistleblower case, finding the company did not believe he had made a protected disclosure when making him redundant despite the company conceding that the was "somebody who frequently raised issues".
The Full Court has found an employee of e-commerce merchandise importer New Aim breached his duty of confidence by providing contact details of the company's suppliers, stored on WeChat on his personal phone, to a competitor.
Ahead of a first case management hearing this month, superannuation fund trustee Equity Trustees has hit back at ASIC’s action over member's investment in the now defunct Shield fund, saying the regulator failed to warn it.
Construction PRO
A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator's application to wind up the fund.
The sacked CFO of Aaron Sansoni Group International who allegedly took control of the company's domain names and the business name of its eponymous founder has been convicted of contempt and hit with freezing orders.
A court has dismissed a lift supplier’s appeal of a decision rejecting its claim of breach of confidence against a rival, including an “entirely unwarranted” attack on solicitors at Allens over the use of documents obtained by “internet-savvy” search techniques.
National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
E-commerce merchandise importer New Aim is challenging the dismissal of its trade secrets case against a former employee, who gave the contact details of the company's suppliers to a competitor after jumping ship.