Trials

A former EY partner accused of promoting a tax loss scheme has hit back at the ATO’s case on the first day of trial, saying he gave objective advice and the case is an overreach.

A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has "overreached".

Mayne Pharma and US drug maker Cosette have agreed to postpone the start of trial in a case over the termination of a $672 million merger to allow for late amendments.

A long-running class action against the Murray Darling Basin Authority over alleged negligent water management, including the failure to consider the impacts of climate change, will head to trial next month, just weeks after the court issues judgment in another closely watched climate class action. 

A judge has given a liquidator approval to continue with claims at trial against former executives of failed Sydney developer Dyldam after they declared bankruptcy.

ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company's claim that the audit found no wrongdoing.

The owners corporation suing Parkview Construction over alleged combustible cladding at the Australia Towers in Sydney Olympic Park is “hopeful” of a settlement being reached, a court has heard on the eve of trial.

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

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.

The former CEO of the Star was not responsible for every aspect of the business and instead played a "supervisory role", a court has heard in ASIC’s case over the casino’s money laundering failures.