Most Recent
A judge has declared super fund trustee Netwealth breached the Corporations Act in offering the First Guardian fund on its investment platform, which left more than 1,000 members exposed to $100 million in losses.
The corporate regulator has sought court declarations against super trustee Netwealth over the failed First Guardian investment fund, which along with the collapsed Shield is believed responsible for $1 billion in losses.
The National Cancer Foundation has defeated a challenge to its Brown Nose Day trade mark used for bowel cancer fundraising, with the Full Court finding it is not deceptively similar to SIDS Kids’ Red Nose Day mark.
Former Keystone Asset Management director and developer Paul Chiodo will have to produce bank records for himself and family members, after a judge shot down his appeal of a ruling ordering production.
Nuix has lost its appeal of a ruling that found it must pay $20 million in legal costs before its insurers must cover its bills for defending multiple class actions and an ASIC case over its $1.8 billion float.
A judge has sounded the alarm bell about regulators launching appeals to re-litigate enforcement proceedings, in a recent decision tossing the corporate cop's appeal in a case against insurer HCF Life.
Westpac has been hit with a $26 million penalty -- just shy of the $30 million sought by ASIC -- for failing to respond to online hardship applications on time on 277 occasions, in conduct described as “grossly negligent”.
The Full Court has rejected an appeal by the tax office over the classification of a redundancy payment, finding that an early learning centre worker who was offered reduced hours and pay as part of a restructure was made redundant.
Construction PRO
Liquidators of collapsed Snowdon Developments have reached a settlement with cement supplier Barro Group as part of efforts to claw back payments allegedly made when the Melbourne developer was insolvent.
A Tasmanian disability group home and respite care provider has been hit with a $1.1 million penalty after admitting it failed to notify the NDIS Quality and Safeguards Commission about reportable incidents 474 times.