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The former CEO of Big Un Limited has been hit with criminal charges and could face up to ten years in prison after he allegedly communicated inside information about the failed video company.
Crown, Star look set to admit non-compliance in AUSTRAC actions
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A court has heard that casino giants Crown and Star are likely to reach agreement with AUSTRAC as to liability in proceedings alleging “widespread and serious non-compliance” with anti-money and counter terrorism laundering laws.
Protester’s challenge to COVID-19 lockdown fails on appeal
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An anti-lockdown protester has lost her appeal of a decision dismissing her legal challenge to Victoria’s stay-at-home orders, with an appeals court finding the reduction in risk to public health “outweighed” impacts on freedom of speech.
Full Court finds Illinois Tool Works fuel cell patent infringed
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US tool giant Illinois Tool Works has defeated an appeal to a ruling that found Australian tool company Airco infringed it patent for a fuel cell designed for use in combustion tools.
Clive Palmer drops appeal of climate change decision blocking Queensland coalmine
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Clive Palmer’s Waratah Coal has abandoned a challenge to a ruling that ended its plan for a coalmine in central Queensland on the grounds that the project would contribute to “foreseeable and preventable life terminating harm”.
Ex-Legacy Iron Ore managing director sentenced for $725,000 theft
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The founding director of Perth-based exploration company Legacy Iron Ore Limited has been hit with a suspended sentence of three years imprisonment for stealing over $720,000 from the company.
ASIC slaps advisor with permanent ban after superannuation fraud
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The Australian Securities and Investments Commission has handed a permanent ban to a former financial advisor who pleaded guilty to taking $35,000 from his First Nations clients’ superannuation accounts.
Dentons snags patent ace from intellectual property giant
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International law firm Dentons has lured the principal of IPH Limited, which owns leading intellectual property firms including Griffith Hack and Spruson & Ferguson, for its Australasian patents team.
Medibank class action to test whether data breach claims ‘worth the candle’
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A landmark Federal Court class action against private health insurer Medibank will be a test case for when privacy claims can sidestep the regulatory path, and whether group members can prove they suffered loss from exposure of their data.
Tolga Kumova wins order barring Stock Swami Twitter ‘campaign’
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Mining investor Tolga Kumova has won an order banning the man behind the Twitter handle Stock Swami from publishing allegations concerning the his past actions after a judge found he was defamed by tweets accusing him of insider trading.