iSignthis, director hit with $11M in penalties in ASIC case

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A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.

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Santos wins $690M against Fluor over Gladstone LNG project

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Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as “litigation on a monumental scale”, securing a $692 million judgment against engineering firm Fluor with the help of four silks.

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Planning law doesn’t bar jurisdictional review bid to Supreme Court, judges say

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IGA can pursue its Victoria Supreme Court challenge to a decision allowing up to four supermarkets to operate in Shepparton, with an appeal bench finding the court can review planning decisions for jurisdictional error.

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Ex-EY partner in ATO trial says he gave objective advice over developments

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A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has “overreached”.

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Builder can’t wind up Bowral developer unwilling, but not unable, to pay debt

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Builder Xela has failed in its bid to wind up the owner of a development to recoup a $776,000 debt owing under the Security of Payment Act, with a court finding that despite an unwillingness to pay, the owner is solvent. 

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Trial over Cosette’s termination of $672M Mayne Pharma merger delayed

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Mayne Pharma and US drug maker Cosette have agreed to postpone the start of trial in a case over the termination of a $672 million merger to allow for late amendments.

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Rebel Wilson repeated ‘false and derogatory’ statements after lawsuit, court told

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A lawyer representing a production company that alleges Rebel Wilson “deliberately undermined” the distribution of her movie, The Deb, says the director repeated “false and derogatory statements” after the suit was filed. 

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Gilbert + Tobin’s head of corporate advisory to join Corrs Chambers Westgarth

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Gilbert +Tobin’s executive partner and corporate advisory head Tim Gordon will join Corrs Chambers Westgarth’s corporate practice based after almost 20 years at G+T.

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Firms that team up to avoid class action beauty parade could breach competition law: judge

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A judge that granted carriage of a Google ad tech class action to Maurice Blackburn and Phi Finney McDonald has reiterated concerns that such cooperative arrangements between firms could breach competition law.

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