Deloitte report on Mercedes-Benz fixed-price model was ‘spin’, court hears

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Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model allege the car maker engaged Deloitte as a consultant so it could “spin” its real reasons for making the change.

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ASIC grills brother of former Nuix CFO as part of insider trading probe

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The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its ongoing investigation of the troubled tech company.

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Class action against Hog’s Breath Cafe can’t dodge $1.2M security

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Franchisees of the Hog’s Breath Cafe restaurant chain must pay $1.23 million in security for legal costs in their class action against the franchisor, and the matter is stayed until they can pony up the first installment.

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Blue Star Helium’s former boss appeals ban over ill-fated Texas oil asset sale

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The former CEO of Blue Star Helium is challenging a ruling that slugged him with a $40,000 penalty and a four-year ban for failing to disclose to shareholders the identify of the buyer behind a botched sale of Texas oil assets.

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Banksia class action lawyer loses practicing certificate in ‘bombshell’ move by watchdog

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The solicitor who was found to have acted as a “postbox” to conceal conflicts of interest in the Banksia class action has lost his practicing certificate ahead of a hearing to show cause why he should remain on the roll.

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Arrium shareholders in class action can’t access full KPMG audit file

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Shareholders in a class action against failed steel giant Arrium and KPMG have lost their bid for KPMG’s complete audit file for Arrium to probe the Big Four accounting firm’s handling of the steel producer’s financial statements before its collapse in April 2016.

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Meta, Instagram lose appeal bid to arbitrate startup’s competition case

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An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.

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‘Shoot him or I will’: Mounting allegations of civilian murder at Ben Roberts-Smith trial

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Eight rounds of ammunition were unloaded into the chest, neck and face of an Afghan man after decorated war veteran Ben Roberts-Smith told a subordinate to, “Shoot him or I will”, a court has heard.

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Salter Brothers investment in advisory firm Hendry Group ‘worthless’, court hears

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Salter Brothers’ multmillion dollar investment in advisory firm Hendry Group is worthless, a court has been told in the fund manager’s case alleging it was the victim of miseleading representations.

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Google can’t shut down Epic Games’ misuse of market power case

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Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.

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