The former chairman of troubled IOOF told APRA during a review meeting that he “struggled” to think the wealth manager had any conflicts of interest and that the issue was getting too much “airplay”, according to court documents filed recently by the prudential regulator.
Vocus Group has been hit with a shareholder class action alleging the telecommunications company made misleading statements ahead of a profit downgrade in 2017 that sent the price of shares tumbling.
Greens Senator Sarah Hanson-Young was close to tears Monday as she told the Federal Court on the first day of trial in her defamation case against former Liberal Democrat Senator David Leyonhjelm that she felt like she was “being punished for standing up for herself”.
A judge has refused to summarily dismiss a claim that the Federal Court has inherent power to order the winding up of a foreign company even if the company has no business in Australia and is not subject to the Corporations Act.
German medical device company B. Braun Melsungen has dropped its appeal of a ruling invalidating three of its intravenous catheter patents and finding rival Becton Dickinson did not infringe the patents.
Fairfax Media has asked a court to lift a suppression order on the name of a proposed witness the Daily Telegraph had sought to call in Geoffrey Rush’s defamation trial, which the actor won earlier this month.
The consumer regulator has dragged Western Australia’s Quantum Housing and its sole director to court for allegedly engaging in unconscionable conduct and false, misleading or deceptive conduct in relation to a government-sponsored affordable housing program that incentivises below-market rentals.
Flight Centre has been hit with legal action on behalf of employees accusing the travel giant of short-changing its workers through commission-based payments.
International law firm King & Wood Mallesons has nabbed two leading litigators to bolster the ranks of its dispute resolution practice, the firm said Friday.
Nine Network has been ordered to pay a British tourist $100,000 in a defamation suit over a news broadcast that aired following his acquittal on assault charges related to a brawl with rugby player that used the term “coward punch” to describe the dust-up.