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ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator's case over excessive delays in processing $20 million in death and disability claims.
Construction PRO
Airport operator APAC has won access to Q&A logs in a data room set up by shareholder Dexus for prospective buyers, in a dispute over whether the real estate asset manager breached a confidentiality deed.
Construction PRO
Billboard company Manboom has suffered a loss in its case against Jemena Gas alleging the presence of underground gas infrastructure at a site in Mascot, NSW that supplies gas to 1.6 million customers amounts to trespassing.
A judge has lengthened the trial in pianist Jayson Gillham's case against the Melbourne Symphony Orchestra from five to 15 days, noting the substantial number of witnesses and the reputational consequences of the case.
Construction PRO
The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group's CEO sling allegations of misconduct and dishonesty.
The funder of a class action over the Morrison government’s Robodebt scheme will seek a 15 per cent commission at an upcoming settlement approval hearing, a court has heard, after the case settled for a record $548.5 million.
Construction PRO
Airport operator Australia Pacific Airports Corporation has won its bid to delay an upcoming trial in a dispute with Dexus over alleged breaches of a shareholder deed, after the real estate asset manager discovered 20,000 documents only last week.
The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.
Pianist Jayson Gillham’s case against the Melbourne Symphony Orchestra has been vacated after the Federal Court heard the orchestra plans to call at least 17 people to the witness box.