Star Entertainment’s management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.
He once made Clive Palmer cry but new judge Stephen Free is not without a sense of humour, as his speech to legal practitioners on his welcome to the bench showed Monday. He is also, as one speaker observed, “really, really nice”.
A class action against CMC Markets has won access to data thought to reveal that approximately 2,500 customers who failed screening tests for risky financial products were nevertheless permitted to trade.
A court has dismissed a client’s attempt to join Kheir Lawyers to an action against Shine Lawyers, after the application — repleaded for a fourth time — remained “indefensible”.
Ashurst has relocated its Sydney office to 39 Martin Place, creating a work space across eight sprawling floors that features flexible and collaborative work arrangement and dedicated client floors.
Watpac faces a lawsuit by Wyndham City Council over alleged leaks from the roof of the redesigned Werribee Sports and Fitness Centre, which it says cost $3.5 million to fix.
AGL has sued Siemens for damages stemming from a generator outage at its coal-fired power station in Victoria’s LaTrobe Valley, which the energy company said at the time had resulted in a $70 million profit hit.
Abacus Storage Kings has rejected a $1.9 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage.