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.
In the ACCC’s price-fixing case, infrastructure services company Ventia has joined with Spotless in arguing the companies were not in competition, and says it was the Department of Defence that arranged for the providers to talk.
Collapsed Sydney developer Dyldam has denied wrongdoing in a lawsuit alleging members of the Fayad family used $74 million in sale proceeds for personal benefit and sought to conceal that fact from business partners.
Businesses and government agencies notified the privacy regulator of over 1,100 data breaches last year, the highest annual total since mandatory reporting started in 2018. The Office of the Australian Information Commissioner revealed on Tuesday that it was notified of 1,113 notifications last year, marking a 25 per cent increase from 893 notifications in 2023. …
Star Entertainment’s management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.
A lawyer for the Australian Securities and Investments Commission has been grilled by a Federal Court judge for failing to file a defence in Clive Palmer’s case against the corporate watchdog.
The High Court has rejected a special leave application by wealth guru Dominque Grubisa seeking to overturn a finding that she had actual knowledge that statements made by her company DG Institute to students who enrolled in her courses were misleading.
Ex-CFMEU Victorian branch boss John Setka has still not filed his defence in a case alleging he tried to get the former head of the construction industry watchdog sacked, and the Fair Work Ombudsman says it may seek summary judgment.
HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.
Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.