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BHP Billiton must pay $125 million in added taxes after the High Court struck down its appeal in a dispute with the Australian Tax Office over taxes on income from its Singapore marketing hub.
ASIC wins High Court appeal over meaning of corporate ‘officer’
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The Australian Securities and Investments Commission has scored a victory before the High Court, with the court unanimously finding that the term “officer” under the Corporations Act is not limited to those that hold official positions within a company.
Government to pay $212.5M in landmark toxic foam class action settlement
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The Federal Government will pay $212.5 million to settle three class actions over the use of allegedly toxic firefighting foam at government military bases.
‘Forensic voyeurism’: Judge denies BHP bid for docs in $36M spat with insurers
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A subsidiary of BHP Billiton can’t get its hands on underwriting documents in its case against Lloyd’s of London and Berkley Insurance, which are being sued by the mining giant for over $36 million after allegedly substandard equipment was installed at its Olympic Dam Mine.
Elaine Stead to push ahead with defamation case despite Nine’s ‘inadequate’ defence
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Venture capitalist Elaine Stead is pushing forward with her defamation case against the Nine-owned Fairfax Media despite what she has called an “inadequate” third attempt at a defence by the publisher.
Federal Court grapples with own practice note in IAG insurance class action
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With the common fund order tossed in a class action against two IAG entities over allegedly worthless add-on insurance, a Federal Court judge on Tuesday was asked to grapple with a practice note in determining when to notify group members of a possible order to “equitably and fairly” distribute the legal costs and funding commission in the proceedings.
Telstra wins dispute with councils over installation of smart payphones
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Telstra has won its battle with Melbourne, Sydney and Brisbane over a planned upgrade of its payphone network across Australia, with a judge ruling the teleco did not need planning permits to install the next generation, digital phone booths.
Trivago appeals ruling it misled customers with hotel listings
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Hotel booking aggregator Trivago has appealed a ruling that it misled consumers about its cheapest price promise by arranging listings according to payments it received instead of the hotel room price.
Cattle exporter Wellard hit with shareholder class action
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Livestock exporter Wellard is facing a shareholder class action over a profit downgrade following its $300 million initial public offering in 2015.
Facebook taken to court by privacy watchdog alleging ‘systemic failures’
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Facebook has been hit with regulatory action by the Privacy Commissioner alleging the social media giant exposed the personal information of over 300,000 Australian users to third parties, including Cambridge Analytica, without authorisation.