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ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company's claim that the audit found no wrongdoing.
The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.
Construction PRO
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.
The Australian Football League and Geelong Football Club have brought applications seeking to strip a case over on-field concussions of class action status.
The High Court has declined a special leave application from a former HWL Ebsworth partner seeking to undo a finding that his age-related expulsion from the partnership did not run afoul of the Equal Opportunity Act.
A judge has urged the Northern Territory public housing authority and a discrimination class action to seek the court's assistance instead of resorting to lengthy correspondence as they "lock antlers" over discovery and factual matters.
Online mattress retailer Emma Sleep has admitted to misleading consumers about the sale price for mattresses, but a court has found its German parent company is not on the hook because its executives did not give directions to the Australian unit.
The High Court has declined coffee maker Cantarella's special leave application arguing the Full Court should have found it was an honest concurrent user of the 'Oro' trade mark, which was first used by another coffee maker.
NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.