A court has trimmed 10% off a $300,000 penalty against the former CEO of failed Gold Coast finance company MFS Group, after he successfully argued his role in the misappropriation of $147.5 million in trust funds was not as an officer of the company.
Cosmetic surgeon can fix ‘tainted’ pleadings in ABC copyright case
PTTEP loses bid to stop farmers using the word ‘oil’ in Montarra oil spill class action trial
Retail Food Group faces potential franchise class action
Commonwealth Bank still on the hunt for new GC
The clock is ticking on Commonwealth Bank’s search for a new general counsel, with the position still vacant two weeks before the bank’s current top lawyer’s planned departure, announced almost four months ago in the wake of the Hayne royal commission’s scathing final report into the banking sector.
Royal commission class actions pile up, with more on the way
While no means a flood, the class actions filed in response to the shocking evidence of misbehaviour at last year’s banking royal commission have been steadily flowing and show no signs of drying up. Here, we give you the round-up of cases launched so far, the latest developments in each, and what’s coming down the pipeline.