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RAMS ordered to pay $20M penalty in ASIC case
Defunct Westpac home loan unit RAMS has been hit with a $20 million penalty after admitting to widespread misconduct at its franchises over a four-year period.
Westpac agrees to $20M penalty in ASIC case against RAMS
A judge has raised concerns about whether an agreed-to $20 million penalty against Westpac's defunct home loan subsidiary RAMS is enough to deter other lenders from breaking credit rules.
Apple, Google say orders sought by Epic Games go ‘well beyond’ case
In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.
Construction PRO
Atlantic Nickel wins appeal in mining company’s $1B case
The receiver for Brazilian mining company Atlantic Nickel has prevailed in a second attempt to stay a case by Mining Services International, which brought a $1 billion claim over a terminated sale of a mine in Santa Rica.
Scidera’s bovine gene patent suit survives summary dismissal bid
Animal drug company Zoetis has lost its bid for summary dismissal of claims that it infringed US-based animal genomics company Scidera's bovine gene patent, with a judge saying its novel arguments were not so clear-cut and needed to be worked out at trial.
Construction PRO
Catalyst wins $32M from Presbyterian Church of Qld for failed land deals
Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.
Super Retail Group settles whistleblowers’ bullying cases
Rebel Sport owner Super Retail Group has reached a settlement in a lawsuit by two former employees, just days after the retailer sacked its CEO.
Construction PRO
Santos must hand over info in activist’s challenge to Reindeer gas field plan
Santos has failed to convince a judge that it should not provide documents relied on by NOPSEMA to approve the company’s environmental plan for its Reindeer gas field in judicial review proceedings.
Lander & Rogers nabs technology expert from Clayton Utz
Lander & Rogers has hired a technology, data and intellectual property pro from Clayton Utz to join its team in Melbourne.
Super Retail Group CEO axed over alleged affair
Super Retail Group CEO Anthony Heraghty has been fired for inadequate disclosures about his affair with former HR head Jane Kelly, over a year after the retailer told investors an investigation found whistleblowers allegations about the affair were unsubstantiated.