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The jailed former CEO of defunct health food business Healthzone has lost his appeal of a criminal conviction and sentence over a conspiracy to fraudulently use a $1 million company bank loan to repay personal debts.
Judge refuses ‘queue jumping’ request in Sirtex CEO insider trading case
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An application by the former boss of Sirtex Medical for a sentencing date in the insider trading case against him has raised the ire of a NSW District Court judge, who called the bid premature and an attempt to jump the queue.
Fitch settles investor class action over credit ratings on toxic SCDOs
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Fitch Ratings has agreed to settle the last of the investor class actions in Australia flowing from the global financial crisis, a court heard Friday.
Ex-Norton Rose lawyer can appeal privilege ruling over partner communications in feud with firm
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A terminated Norton Rose Fulbright partner has won a bid to challenge a ruling in his dispute with the law firm that denied him access to communications between partners on the grounds that the documents were privileged.
Judge slashes compensation with $50M payout in WestConnex land dispute
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Two companies owned by the ex-director of Dial A Dump have failed in a bid to secure $584 million in compensation for land compulsorily acquired by the NSW Government for the WestConnex project, with the court granting them less than 10 per cent of that amount.
Judge dismisses ‘puzzling’ bid to boot FW Projects liquidators
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Two construction companies have lost what a court has called a “puzzling” bid to oust the liquidators of collapsed FW Projects amidst a legal battle in the NSW Supreme Court over the property developer’s remaining assets.
Vocus to refund customers over misleading claims for second time in a month
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Vocus Group’s energy brands Dodo and CovaU have promised to refund their customers after being been fined more than $50,000 by the consumer watchdog over allegedly misleading claims about percentage discounts on energy plans.
ASIC wants ban on unsolicited insurance sales calls
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The corporate watchdog has proposed a complete ban on unsolicited telephone sales of life insurance and consumer credit insurance, as an urgent placeholder ahead of wider reforms recommended after last year’s banking royal commission.
Celebrity chef George Calombaris back-pays $7.8 million to underpaid staff
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The Melbourne restaurant group founded by celebrity chef George Calombaris has back-paid $7.8 million to more than 500 workers, after a Fair Work investigation uncovered significant staff underpayments.
Guy Sebastian’s former manager admits to owing singer money, court hears
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Titus Day, former manager of pop star Guy Sebastian, admits that certain payments for promotional work should have been made to the singer, a court has heard.