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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.
Entities linked to late solicitor Mark Elliott have offered a settlement to end the pursuit of damages for Banksia class action members, but the deal would leave a significant sum held on trust by the Elliott parties out of reach.
A concurrent group proceeding in Hong Kong could complicate an Australian class action against Perth-based forex trader Best Leader Markets Pty Ltd.
A judge has raised concerns about delays in paying three former Qantas baggage handlers compensation after an appeals court agreed they were illegally sacked and replaced with contractors during the COVID-19 pandemic.
In the second test of the new design and distribution obligations under the Corporations Act, ASIC is seeking a $20 million penalty against the provider of the Kraken crypto exchange.
A judge has balked at a suggestion by group members appealing a $112 million Robodebt class action settlement that the Commonwealth could represent the interests of people content with the deal.
ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.
A judge has found that Telstra did not violate disability discrimination laws when it put a hard-of-hearing Triple-0 operator on leave after she failed a hearing test.
Swiss pharmaceutical giant Novartis has lost its patent infringement case against Sydney-based generics company Pharmacor over a top-selling heart medication.
A unit of insurer Marsh breached its obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill by using them in an anti-suit injunction bid in the UK, a court has found.