ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s enforcement action was on foot, a move the court on Tuesday said was “unprecedented”.
Owners in Sydney’s Mascot Towers have struck a deal with the developer that built a neighbouring property, in a lawsuit seeking more than $15 million in damages over alleged structural cracks that made their apartments unlivable.
In the latest round of finger-pointing in a consolidated shareholder class action against Noumi, formerly Freedom Foods, the food company has taken aim at Deloitte’s claims that it gave the accounting firm misleading information.
Clayton Utz has picked up a new partner specialising in digital transformation from Ashurst to join the firm’s public sector practice in Canberra.
The National Australia Bank has denied claims by a former senior employee that she was bullied and paid less than other workers because of her gender, saying a manager did not brandish a baseball bat in a threatening way but merely carried it around as a ‘fidget toy’.
A judge has ordered that a competition class action against Queensland power companies Stanwell and CS Energy be made open to all energy consumers in the state, saying it was not a “plain vanilla” commercial class action.
Victoria has pledged to become the first state in Australia to restrict the use of non-disclosure agreements in workplace sexual harassment cases, which are used to silence victims and protect companies and harassers.
Explosives manufacturer Orica is closer to taking Dyno Nobel to court for allegedly infringing three of its explosives patents, filing proceedings to get more information about its rival’s CyberDet wireless detonator device.
Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by the Australian Securities and Investments Commission.
The former CEO of fleet manager Orix Australia, who escaped charges of corruption three years ago, will have to take his claims for $1 million in unpaid leave to a hearing after losing a pre-trial bid for judgment.