Electro Optic Systems has admitted continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts, with ASIC filing a $4 million lawsuit against the defence firm and another against its co-founder.
The trademarks office has knocked back Naked Wines’ opposition to an Adelaide winemaker’s Nearly Naked trademark, finding that the popular wine retailer had failed to substantiate its reputation in the industry.
Crypto platforms will be required to hold an Australian Financial Services Licence under new legislation introduced by the Albanese government.
A judge has approved an increase in the costs of distributing a $180 million settlement in a stolen wages class action but has said more “frankness” is needed in competitive tenders for the administration gig.
A homophobic tweet aimed at independent Sydney MP Alex Greenwich may have approached “vulgar abuse” but was just part of the cut and thrust of Australian political debate, former One Nation politician Mark Latham has said.
Real estate asset manager Dexus has won access to advice given by the lawyers of two shareholders of airport operator APAC over an alleged breach of a shareholder deed.
A judge has handed Shinetec a win in its dispute with the developer of a scuttled $185 million project in Sydney, finding that $48 million owed by the builder to its parent company after the developer called on a letter of credit fell within the definition of ‘secured money’.
An appeals court has confirmed that mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into a single lease.
A consortium of Brookfield Property and GIC Investments has moved to acquire National Storage REIT, making an offer that values the self-storage investor at $4 billion.
Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.
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