A court has largely set aside examination orders against executives and solicitors for oil and gas company Moreton Resources and MRV Metals, finding they were an abuse of process.
A judge has declined to extend an injunction that barred ASX-traded Structural Monitoring Systems from sacking its CEO after he launched whistleblower proceedings against the aerospace company.
A judge has declined to reinstate the ex-CEO of sustainable building not-for-profit Australia Passivhaus Association while her suit alleging she was unlawfully terminated after complaining about serious governance issues moves forward.
Block Earner has told the High Court that its Earner product was never meant to generate a financial return for users, as the court mulls whether to overturn a ruling that found the cryptocurrency firm did not need a financial services licence.
A director of developer Villawood has lost his bid to bring an alternative claim in his case against the company’s subsidiary alleging he is entitled to part of a property said to be worth $295 million.
One of the country’s leading class action lawyers has left Jones Day for Thomson Geer, the third litigation partner to depart the US-based firm in recent months.
A judge has ordered Australian Unity to pay a $7.1 million penalty in ASIC proceedings alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.
Fresh off being sued by ASIC for investing $300 million into Falcon Capital’s failed First Guardian Master Fund, super trustee Diversa has been hit with additional licence conditions by the prudential regulator.
A judge has allowed a shareholder class action over the collapse of asset manager Blue Sky to bring insider trading claims against several short sellers, as well as brokers Credit Suisse and Argonaut Securities.
A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had “substantially deceived” the government by overstating bond trading volumes.