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Awaiting judgment in a case by the ATO alleging the promotion of tax loss schemes, former EY partner Peter White has fired off his own case against the tax office, and both sides want a different judge to hear the matter.
A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".
Construction PRO
AsheMorgan principal Michael Rothner has defeated a suit by a member of the Waterhouse horseracing dynasty over the $26 million sale of a Rose Bay mansion, with a judge finding Rothner did not breach the agreement by authorising the removal of trees on a neighbouring property to improve his harbour views.
Construction PRO
Fitout company Reward Group has lost its challenge to a payment claim adjudication by a subcontractor for refurbishment work on Sydney's luxury Sofitel Wentworth Hotel.
Construction PRO
A judge has refused to quash a SOPA adjudication in favour of SD Civil Engineering against a developer for work on the Hills Hub project in the north west Sydney suburb of Rouse Hill.
Former directors of steelmaker Arrium have rejected shareholder class action claims that the company's collapse was foreseeable, calling claims they had their heads in the sand “arrant nonsense”.
Hitting back at trial in a shareholder class action, software company Nuix has told a judge it was “completely unfounded” to allege auditor PwC did not push back on management’s claims about its budget.
The lead applicant in a class action against Sportsbet over its fast code betting service has admitted he never questioned whether the system was lawful until meeting with class action lawyers at Maurice Blackburn.
Businesses in two cases against Lloyd's and QBE over COVID-19 losses have failed in an appeal of a ruling stripping the suits of class action status.
US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".