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ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.
Ex-EY partner accused of tax loss scheme can shield email to general counsel
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A former EY partner accused of pocketing $700,000 in secret commissions can shield an email from the firm’s tax leader to its general counsel despite the firm having waived privilege.
Judge’s copy and paste decision a ‘canary in a coal mine’, experts say
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A time-strapped judge’s decision that was set aside for “uncritical copying and pasting” exposes deeper issues about stressed judges at under-resourced courts with “extraordinary workloads”, experts say.
Velocity Rewards joined to Virgin class action despite ‘barely arguable’ claim
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A judge has allowed investors bringing a class action against Virgin to join Velocity Rewards to the case, despite finding the proposed claims against the frequent flyer program are “barely arguable”.
Court’s top judge hits back at media criticism, says ‘open justice’ is the problem
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The Federal Court’s top judge has attacked what she sees as “absolutist” public criticism of a spate of suppression orders in high-profile cases, saying open justice is just too, well, open.
Melbourne Symphony says pianist had ‘no right’ to make Gaza remarks
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The Melbourne Symphony has hit back at a pianist’s suit over a cancelled recital after he made impromptu comments about the war in Gaza, saying he had no right to make the unauthorised remarks.
Court clarifies licensing regime in win for offshore wind project
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A judge has overturned energy minister Chris Bowen’s refusal to greenlight energy company Seadragon’s offshore wind farm project off the coast of Gippsland.
Rio Tinto defeats appeal by Russian aluminium producer over war sanctions
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An appeals court has backed a decision by six Rio Tinto units to refuse delivery of alumina to Russia’s largest aluminium producer because it would run afoul of sanctions imposed after Russia invaded Ukraine.
Ex-Demons chair Glen Bartlett settles defamation suit against club execs
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The former chair of the Melbourne Demons has settled a lawsuit he brought against senior executives of the club over allegedly defamatory statements.
Investment manager’s not-so ‘Golden Method’ leads to jail time
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A former investment manager who provided investors with forged portfolio reports about his ‘Golden Method’ trading strategy has been sentenced to three years in jail.