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On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.
Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.
Toyota Finance has been hit with a class action alleging customers paid thousands for 'junk' add-on insurance, on the heels of a law firm's unsuccessful bid to add the claims to an existing class action over flex commissions.
Construction PRO
CSR Building Products has won a legal challenge over a development application at its 52-hectare industrial estate in western Sydney, which has generated sale proceeds of over $408 million to date.
X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.
Construction PRO
Genesis Minerals has agreed to buy the Laverton Gold Project in Western Australia from Focus Minerals for $250 million.
A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop's case alleging the bank failed to protect customers from scams.
A court has extended freezing orders over the assets of two men suspected of connections to two Keystone funds, which ASIC has expressed "grave concerns" about.
ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused financial hardship applications to be ignored, conduct a judge has described as "shocking" and "truly scandalous".