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A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to back out of its construction contract for the $696 million Kwinana waste-to-energy plant, and has warned the company it faces a difficult task to persuade the court of its case.
Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.
The former director of investment management fund Courtenay House is facing a slew of criminal charges after an investigation by the Australian Securities and Investments Commission allegedly revealed he duped 590 investors in a $196 million Ponzi scheme.
Law firm Sparke Helmore acted negligently by failing to adequately advise a New South Wales property developer about extension of time notices that were needed to prevent two lucrative contracts from falling through, a judge has found.
A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.
Quest Serviced Apartments is using unfair tactics to unlawfully terminate franchise agreements, according to a lawsuit by a franchisee that is fighting to keep its doors open after COVID-19 restrictions forced closures across the country.
The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.
The Australian Securities and Investments Commission has accused Finnish microloan company Ferratum of overcharging vulnerable, low-income consumers during the height of the COVID-19 pandemic.
Workplace relations heavyweight Employsure has won its case against rival ELMO Software and two former employees who sought to jump ship to a competitor in breach of their employment contracts and fiduciary duties.
The former export manager of pharmaceutical ingredient company Alkaloids of Australia has pleaded guilty to three counts of price-fixing, the first ever guilty plea by an individual to criminal cartel conduct.