Please login to bookmark Close
JB Hi-Fi wants an advance ruling in a class action on the period of cover provided to customers for breach of statutory guarantees under the consumer law, a question that has never been addressed by the courts.
ASIC takes another company to court over cyber risk management
Please login to bookmark Close
The Australian Securities and Investments Commission is taking a third swing at cyber enforcement proceedings, suing financial planner Fortnum Private Wealth after a breach saw the data of 9,000 clients published to the dark web.
Appeal filed in failed class action against EY, Quintis founder
Please login to bookmark Close
The applicants in an unsuccessful class action against the founder of sandalwood producer Quintis and auditor EY is challenging the dismissal of his case — the sixth shareholder class action to fail at trial.
‘A day is 24 hours’: Roberts Co loses challenge to $3.2M after-hours claim
Please login to bookmark Close
An appeals court has confirmed a finding that despite contractual arrangements mandating service by 5pm, a $3.2 million payment claim emailed to Roberts Co after hours on a Friday was validly served.
Dexus drops $683M for stake in Westfield Chermside shopping centre
Please login to bookmark Close
Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.
In fight over $1B gold mine, Aboriginal group worries Regis could ‘police’ conduct
Please login to bookmark Close
An Aboriginal corporation joined to Regis Resources’ fight against a decision related to its McPhillamys gold mine wants a costs capping order, concerned the mining company could otherwise “police” its conduct in the case.
Carlton site sold to SP Setia for $114M in off-market deal
Please login to bookmark Close
Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.
Appeal challenges WA EPA approval for Hemi gold project
Please login to bookmark Close
Northern Star’s $1.3 billion Hemi gold project in the Pilbara is facing a challenge to the Western Australian Environmental Protection Authority’s decision to green light the project.
Ord Minnett settles exec’s suit over $110K pay cut following ASIC penalty
Please login to bookmark Close
Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.
Applicant to get $100K in declassed COVID-19 business interruption case
Please login to bookmark Close
The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia’s costs.