Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a “contested takeover battle” between the companies.
A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban.
King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.
Google is nearing “monopoly levels” with its exploitation of the Android brand to prevent other app stores from competing with its Play Store, the maker of the Fortnite video game has said in a landmark competition trial.
Driven by competing proceedings, class action filings surged back in 2023, making it the second busiest year for filings ever, according to a new report by law firm Allens.
Juan Martinez, managing partner of Australia’s largest firm by partner count, died suddenly on Monday from a “medical issue”.
A judge has declined to set aside a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global, noting that the company’s liquidators may have claims of up to $42.9 million against him.
McCullough Robertson has avoided a client’s bid for indemnity costs despite a judge’s finding the law firm waited an “inordinate” amount of time to withdraw a statutory demand for payment of a $237,000 legal bill.
The maker of Tasmanian pinot noir label New Certan breached the consumer laws in bottling its product in a way that resembled the packaging of a fancy French drop, but the premium wine producer failed to prove any loss, a court has ruled.
A former company secretary of defunct mining and exploration company Continental Coal will spend at least 2 years in jail after pleading guilty to three criminal charges, including stealing $2.2 million and forging a bank statement.
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