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Macquarie’s fight with a NSW credit union — which saw the bank’s ‘Macbank’ trade mark cancelled because, a delegate found, it had only been used colloquially — has landed in the Federal Court.
In shareholder class action appeal, Worley argues judge ‘went off the rails’
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A judge “went off the rails” in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.
Vocus wins ACCC approval for $5B TPG acquisition
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The Australian Competition and Consumer Commission has cleared Vocus’ proposal to acquire parts of TPG Telecom’s business for $5.25 billion, finding the combined entity would face strong competition from other telecoms.
Richard White misled WiseTech board, report finds, but no action taken
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A law firm review has found WiseTech co-founder and executive chair Richard White misled the board about several personal relationships, but the tech company has flagged no action against him.
Lehrmann inquiry chair Walter Sofronoff to fight serious corrupt conduct finding
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An ACT Integrity Commission report has found serious corrupt conduct by Walter Sofronoff KC, who chaired a Board of Inquiry into the prosecution of alleged rapist Bruce Lehrmann.
High Court asked to overturn landmark tax ruling
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The Tax Office has asked the High Court to reverse a landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions.
Hall & Wilcox’s $19M bill under scrutiny by Hastie liquidators
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Hall & Wilcox faces a second suit by Hastie Group’s liquidators, which calls for review of nearly $19 million in costs the law firm billed for advising the failed engineering company in litigation.
Crown drops claims against Lendlease over Metropol combustible cladding
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Crown has dropped its claims against builder Lendlease over the use of combustible cladding on the façade of the Metropol in Southbank but is continuing to pursue its case against the architect and others.
Property investment firm ISPT challenges $10M stamp duty assessment
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Property investment firm ISPT has lodged a challenge to a $10 million stamp duty tax assessment for two acquisitions made in 2022.
Clough directors can’t lift lid on Forge liquidator’s evidence for examination
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Directors of engineering company Clough can’t set eyes on evidence in support of a successful examination bid by Forge’s liquidator, two months before trial in the liquidator’s insider trading case.