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Melbourne Rebels directors grilled on ‘startling’ inability to explain tax case
A judge has called out the directors of failed Super Rugby club Melbourne Rebels for their “startling” inability to explain their case against the club’s administrators and the tax office.
ASIC sues super trustee over $300M investment in First Guardian fund
ASIC has sued superannuation trustee Diversa for investing $300 million in retirement savings into Falcon Capital's failed First Guardian Master fund.
Meta says ACCC has ‘fundamental’ misunderstanding in scam ads case
Facebook owner Meta has argued the Australian Competition and Consumer Commission has “misallocated responsibility” in its three-year-old case over scam cryptocurrency ads on the social media platform.
First Guardian CIO wants to sell Tucker, Gleeson paintings to pay lawyers
The receiver for a Falcon Capital fund under investigation by ASIC wants a role in selling director Simon Selimaj’s valuable artwork, including a $70,000 Albert Tucker painting, which is allegedly needed to cover legal fees. 
NBL defeats preliminary discovery case by Illawarra Hawks, Melbourne Phoenix
A judge has stayed a bid by the Illawarra Hawks and Melbourne Phoenix basketball clubs for preliminary discovery to determine whether to pursue claims against the National Basketball League.
Telegram drops challenge to $1M eSafety fine for reporting delay
Encrypted messaging app Telegram has withdrawn its court challenge to a $1 million fine issued by eSafety, a move welcomed by the online regulator on Thursday.
Johnson Winter Slattery nabs partners from MinterEllison, White & Case
Johnson Winter Slattery has beefed up its disputes practice, snagging two partners from rivals MinterEllison and White & Case.
AGN must detail reasonable grounds for ‘Love Gas’ ads, ACCC says
In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.
Marsh appeals ruling blocking it from pursuing Greensill claims in UK court
Insurer Marsh wants the Full Federal Court to overturn a ruling barring it from pursuing claims in a UK court over the failure of Greensill Capital.
Mastercard can appeal privilege waiver ruling in ACCC’s case
Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.