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Tesla Motors Australia former director Kurt Schlosser has been given a suspended sentence for trading in shares of a lithium supplier based on insider information.
Second concussion class action filed by former AFL players
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A second class action has been filed against the Australian Football League and four clubs on behalf of former players who allegedly suffered brain injuries after sustaining repeated concussions during games.
‘Enabled misconduct’: Lawyers, liquidators slam ASIC’s track record
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A law firm and several peak bodies for professionals in the corporate sphere have criticised the Australian Securities and Investments Commission’s enforcement track record, saying the regulator is inefficient and fails to properly address misconduct.
Judge stays Victorian suit over alleged conspiracy to undermine HungryPanda’s EASI acquisition
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A judge has stayed an Australian lawsuit filed by food delivery service HungryPanda against competitor Fantuan over the acquisition delivery platform EASI until a related UK lawsuit is resolved, amid a fight for control of the local Asian food delivery market.
Star Entertainment pleads guilty to Queensland gambling law violations
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Star Entertainment has pleaded guilty in Queensland to seven charges of allowing the purchase of gambling chips with a credit card, months after being with a $100 million fine for violating the state’s gambling laws.
High Court asked to revive pooling orders for businesses with common right to sue
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A liquidator for two related NSW printing companies has launched a High Court challenge to overturn a judgment finding a joint right to sue another business for $330,000 could not be combined in a pooling order.
‘Freedom to switch off’: Greens moot ‘right to disconnect’ reforms
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The Greens are pushing for reforms that would give employees the ‘right to disconnect’ by prohibiting employers from contacting them outside of work hours.
Ex-Australian soldier charged with war crime in Afghanistan
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A former Australian soldier has been charged with the war crime of murder while stationed in Afghanistan, the first arrest made after the 2020 Brereton report into war crimes in Afghanistan referred 19 individuals for possible prosecution.
High Court to hear class action waiver challenge in Ruby Princess case
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The High Court has granted leave to the applicant in a class action against Carnival PLC to appeal a ruling that upheld a class action waiver in tickets bought by foreign passengers on the ill-fated Ruby Princess in 2020.
Class action judge concerned about Colonial ‘siphoning’ $655M to CBA
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A judge overseeing a class action against Colonial First State Investments has raised concerns about a $655 million dividend to CBA, questioning whether group members’ recovery could be in danger.