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In a first, the federal government has filed proceedings against a foreign investor and its former associate for alleged non-compliance with orders to divest their interests in rare minerals miner Northern Minerals.
Companies of Sanjeev Gupta targeted over annual reports
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Companies in Sanjeev Gupta’s steel empire, including the collapsed owner of Whyalla Steelworks, has been hit with action for allegedly failing to lodge annual reports with ASIC.
Aristocrat group members shouldn’t be probed on problem gambling before mediation, court told
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A class action over allegedly illegal ‘social casino’ apps is fighting gaming giant Aristocrat’s bid to question group members about whether they are problem gamblers ahead of mediation, arguing the “unfair” exercise could invite vulnerable members to self-diagnose.
ACCC accuses Australian Gas Networks of greenwashing with ‘love gas’ ads
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The competition watchdog has brought proceedings accusing Australian Gas Networks of greenwashing by running ads containing unqualified statements that renewable gas will be available to households within a generation.
On Cloud continues fight against Cyclonic trade mark
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Popular Swiss sports shoe maker On Clouds has filed proceedings in the Federal Court after its opposition to the registration of sustainable footwear brand Cyclonic’s trade mark failed.
Street sweeper unfairly axed for comments on Acknowledgement of Country: FWC
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The Fair Work Commission has found a Darebin City Council street sweeper was unfairly terminated after expressing that an Acknowledgement of Country was unnecessary to open a work meeting.
Thomson Geer raids Holding Redlich’s workplace relations team
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Thomson Geer has snagged two workplace relations partners and their 15-person team from Holding Redlich for its Brisbane office.
EML Payments settles shareholder class action for $37M
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Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
Brookfield to sell Aveo to Scape in $3.85B deal
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Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what’s been touted as the largest-ever direct real estate transactions in Australia.
Regal Partners acquires 50% of Ark Capital, buys $75M luxury hotel
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ASX-listed Investment manager Regal Partners has acquired 50 per cent of real estate investment platform Ark Capital Partners, as well as a five-star luxury hotel in Adelaide for $75 million.