Former franchisees involved in a class action against RAMS are seeking to intervene in ASIC civil penalty proceedings against the defunct Westpac subsidiary.
The common practice of splitting hearings on questions of liability and penalty may become “completely untenable” when there are credit issues, if the High Court upholds a recent recusal decision, a judge has said.
Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.
Blockchain mining company NGS Crypto has consented to orders sought by ASIC amid concerns that hundreds of Australians who sank $21.1 million into the business were misled about the safety of their investments. The Australian Securities and Investments Commission took NGS Crypto Group and its Australian subsidiaries to court, seeking orders winding up the companies,…
The date has been set for a court battle over Dexus’ sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.
The Anglican Church’s Brisbane diocese can’t block the installation of ethanol tanks at a brewery adjoining the Francis Theological college, with a judge finding no “unacceptable risk” of explosion.
After nearly a decade of litigation — including a High Court appeal — a court has signed off on a $3.79 million settlement in a class action against Redland City Council over alleged unlawful levies.
Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to “widespread” misconduct.
Dexus’ denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can’t be undone. What the high-stakes row will come down to, he says, is materiality.
The former CEO of the Star was not responsible for every aspect of the business and instead played a “supervisory role”, a court has heard in ASIC’s case over the casino’s money laundering failures.