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Sydney landmark Luna Park has lost a challenge to a ruling that rejected a construction permit for a new amusement park ride dubbed the Flying Carousel.
AMP says email exchanges with Clayton Utz exaggerated
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AMP has hit back against claims in the first of multiple class actions it faces, saying its practice of charging fees for no service did not warrant disclosure to shareholders. And despite sacking its GC for the extent of his exchanges with Clayton Utz over a report into the practice, the company now says the number of interactions was exaggerated.
TransUrban pushes on with WestConnex bid despite ACCC delay
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TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
Nudie family loses bid for frozen assets to fund legal woes
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The Federal Court has dismissed an application by tax lawyer Michael Binetter and his wife Suzanne Binetter to dip into over $3 million in frozen assets to fund a case over an alleged $120 million international tax evasion scheme.
Sony, Universal, Warner Music join case against Copyright Tribunal
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Entertainment industry titans Sony Music Entertainment, Universal Music and Warner Music have joined an appeal to the Full Federal Court challenging a licence granted by the Copyright Tribunal of Australia to Foxtel for the rights to certain yet-to-be-broadcast content and streaming rights.
Former Healthe Care exec charged with insider trading
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A former executive of hospital operator Healthe Care Pty has been charged with three counts of insider trading, the Australian Securities and Investments Commission said Monday.
Self-reflective ANZ financial advisor’s life-long ban set aside
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A tribunal has set aside a life-long ban of a successful former ANZ financial advisor accused by ASIC of lying about his qualifications, saying the advisor’s “insight into his own behavior” had changed.
Re/Max, Resimax close to settling trade mark suit, judge told
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International real estate franchisor Re/Max is close to settling a trade mark case it brought against competitor Resimax, a Federal Court judge has heard.
Daiso fined $355,000 for selling dangerous toys
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Japanese retail store Daiso has been fined $355,000 for selling dangerous products, including projectile toys, that did not comply with Australian safety standards.
Macquarie Bank faces 3rd wage suit by financial advisers
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Macquarie Bank has been hit with a third lawsuit by financial advisers alleging the bank broke the law by paying them solely in commissions, this one by a dozen Brisbane-based advisers seeking more than $3.25 million in regular wages.