Clive Palmer has appealed a court’s decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.
ASIC has won winding up orders against investment firm Falcon Capital and its managed investment scheme First Guardian Master Fund, after raising concerns about potential risks to investors.
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.
The corporate regulator has taken Holland Insurance to court, alleging it breached its duty of utmost good faith by taking over three years to resolve an insurance claim.
A lawyer who was fired for allegedly chucking a sickie to watch the AFL Gather Round games in Adelaide was not unfairly dismissed, the Fair Work Commission has found.
ACCC commissioner Liza Carver is leaving the regulator just three years into a five-year tenure, at a time of a noticeable drop in enforcement by the competition cop under Gina Cass-Gottlieb.
Port logistics giant Qube has won the ACCC’s blessing to buy port operations provider MIRRAT under the condition that it agree to not discriminate against downstream competitors at the Port of Melbourne.
The competition regulator has signed off on Woolworths’ acquisition of chilled ready meals supplier Beak & Johnston, finding rival retailers would still have plenty of options for supplying ready meals.
Debt management firm Solve My Debt Now will face trial over claims by the Australian Securities and Investments Commission that it left vulnerable customers worse off, despite indicating last year it would admit liability.