MinRes admits it should have disclosed related-party transactions

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Facing a probe by the corporate regulator, mining giant Mineral Resources has admitted that it should have disclosed transactions relating to managing director Chris Ellison’s company. 

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High Court says church not vicariously liable for historic abuse

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The Catholic church can’t be on the hook for sexual abuse by priests because the principle of vicarious liability is limited to the employment relationship, the High Court has found.

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Social media companies to face new duty of care regulations

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The Albanese government is planning to introduce new duty of care regulations that would require social media companies to take proactive steps to protect users from harm online.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d

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The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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Competing Harvey Norman class actions get one more month to nut out deal

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A judge presiding over two competing class actions against Harvey Norman has granted the lawyers more time to confer on whether they can reach a deal to run the cases together. 

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WiseTech Global faces class action by shareholders

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WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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Cbus dragged to court by ASIC for $20M in claim delays

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The superannuation fund of the construction industry has been hit with ASIC enforcement action, accused of long delays in processing the death and disability claims of thousands of members.

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Noumi privilege ruling could undermine ASIC investigations, Full Court told

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ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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