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A judge has allowed a key US-based witness in ASIC's case against former Quintis director Frank Wilson who will not submit to 14 days in hotel quarantine to give evidence by video link.
Two shareholder class actions against sandalwood producer Quintis that reached an in principle settlement over a year ago are moving forward following a protracted dispute over insurance, with the lead applicants getting approval to file proposed amended pleadings.
A settlement reached in a lawsuit by the liquidators of collapsed steel giant Arrium against 10 former company directors accused of insolvent trading has been approved by a judge, who noted that while the settlement amount was "substantial", the deal involved a "substantial compromise".
Consulting firm EY is facing legal action for allegedly making inaccurate and misleading statements ahead of the 2019 sale by Coca-Cola Amatil of its fruit processing business SPC.
The ATO is challenging a judge's decision to allow oil giant Shell Australia $2.2 billion in deductions for the cost of certain exploration activities conducted under an acquisition that increased its stake in Woodside Energy's Browse Basin gas exploration joint venture project.
Mineralogy is seeking declarations that its 2014 financial statements were true and fair in a court case ASIC has called a "collateral attack" on criminal proceedings brought against Clive Palmer over $12 million spent on his political aspirations.
Labor Senator Deborah O'Neill has taken a swing at ASIC commissioner and former Macquarie general counsel Cathie Armour for failing to act on concerns raised prior to the $2.9 billion IPO of embattled technology company Nuix, which led to a $580 million payday for shareholder Macquarie.
A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims against company directors brought by HSBC and the retailer's receivers.
The ACCC has cleared Woolworths' planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services without the supermarket giant's proposed undertaking to maintain independence between the company for three years.
A shareholder's attempt to reverse a $3.15 million share acquisition by the managing director of construction giant Consolidated Builders Ltd has been dismissed by a judge, despite finding the case had "a reasonable probability of success".