The Australian Securities and Investments Commission has accepted court-enforceable undertakings from Hall Chadwick NSW and three of its auditors after finding the firm’s systems failed to detect breaches of auditor rotation requirements.
Baker McKenzie has appointed a new special counsel to join the law firm’s private equity practice group in its Sydney office.
Pharmaceutical giant Johnson & Johnson has denied knowingly selling alleged ineffective medications under its Benadryl, Sudafed and Codral brands, saying research indicated the phenylephrine-containing products worked.
Tabcorp has settled a lawsuit by a former CEO who alleged his coerced resignation over alleged offensive language was inconsistent with a boardroom history of condoning off-colour remarks.
Engineering firm GHD Australia is the latest company to be pulled into a class action over a bus crash in NSW’s Hunter Valley that killed 10 passengers, a court has heard.
St Hilliers unit Thornton Operations has won court approval for a $450 million plan to develop a mixed-use precinct that includes 526 homes, after reaching an agreement with the local council.
Sydney pub baron Jon Adgemis has been declared bankrupt and his properties have been sequestered, with the Federal Court finding the former KPMG partner owes $1.8 billion to creditors.
Super fund Cbus has made admissions in the corporate regulator’s case over long delays in the processing of $20 million in death and disability claims, with the action to progress directly to penalty.
The federal government has hit back against a class action by single women and same-sex couples deemed “socially infertile” and denied Medicare rebates for IVF, denying group members were treated less favourably because of their marital status or sexual orientation.
A tribunal has recommended that lawyer and wealth guru Dominique Grubisa be struck from the roll of practitioners over conduct that included hiring a private investigator to look into another solicitor.
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