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ASIC has lost its challenge to findings that a revenue sharing arrangement between the Commonwealth Bank of Australia and former subsidiary Colonial First State Investments did not breach conflicted remuneration provisions of the Corporations Act.
A class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship has defeated the cruise operator’s second strike out bid, with a judge saying the failure to identify what exactly went wrong “may not be fatal” to the case.
Seven Network and owner Kerry Stokes are seeking to challenge a ruling ordering them to produce thousands of emails exchanged with Ben Roberts-Smith's legal team as Nine tallies its costs of successfully defending the former soldier's defamation action.
Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the accounting firm unsuccessfully fought to shield its audit reports.
A court has found the managing director of teahouse franchise Chatime liable for the underpayment of staff, despite accepting that he believed the company's wage system was not unlawful.
Qantas has succeeded in attacking claims that it created a workplace that was “hostile to women”, leveled in a former female pilot’s sex discrimination and sexual harassment lawsuit.
One Nation leader Pauline Hanson has succeeded in overturning a defamation judgment requiring her to pay $250,000 in damages to former colleague Brian Burston, with the Full Federal Court finding an allegation of sexual abuse against Burston was substantially true.
A judge who previously described as a "schemozzle" a law firm's attempt to drop a class action over Telstra's COVID-19 vaccine policy has refused a bid to keep secret Clive Palmer's involvement as funder of the aborted litigation.
A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management.
IG Markets has been hit with a second class action for offering “highly risky and unsuitable financial products” to retail investors, with a third competing proceeding in the works.