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‘Chorus of deflections’: ASIC slams Star board’s ‘apathy’ over AML/CTF breaches
Star Entertainment's management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.
‘An order is an order’: Judge scolds ASIC for failing to file defence in Palmer case
A lawyer for the Australian Securities and Investments Commission has been grilled by a Federal Court judge for failing to file a defence in Clive Palmer's case against the corporate watchdog.
Court orders HCF to pay $750K for misleading life insurance term
HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.
Vehicle Management Systems wins extension to renew patents after forgetting to pay fees
A company that manufactures vehicle sensing technology used to monitor public parking has been allowed more time to renew its patents, despite opposition from rival SARB.
Clive Palmer files appeal in failed suits against ex-ASIC chair James Shipton
Clive Palmer has appealed a court's decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.
Clorox hit with $8.25M penalty for greenwashing
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
Construction PRO
Dexus must sell stake in $1.7B shopping centre to Macquarie after failed appeal
An appeals court has rejected Dexus' challenge to a finding that it must sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail, saying its arguments contradicted the “evident commercial purpose” of the contracts at issue.
High Court finds NSW Forestry can be sued by environmental group
The High Court has shot down NSW Forestry’s challenge to a decision which found it can be sued by an environmental group for allegedly breaching environmental laws.
Construction PRO
KordaMentha sues to wrest control of Whyalla port from Sanjeev Gupta
KordaMentha has filed a lawsuit to force Sanjeev Gupta's GFG Alliance to turn over the port at OneSteel's Whyalla plant in South Australia, arguing the court should doubt a GFG unit's claims to a lease for the port.