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The Australian Securities and Investments Commission has asked a court to hold Mayfair 101 director James Mawhinney in contempt, saying he has breached a 20-year ban on raising funds.
Drug ingredient maker Alkaloids of Australia pleads guilty to cartel charges
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Pharmaceutical ingredient producer Alkaloids of Australia has pleaded guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.
Man sues Seven for wrongly naming him Cleo Smith abduction suspect
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A Nyamal man mistakenly identified by the Seven Network as the suspect in the abduction of four-year-old Cleo Smith in Western Australia is suing the broadcaster for defamation.
Victorian Bar says pandemic law amendments don’t go far enough
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Changes negotiated to the Andrews government’s controversial pandemic bill fall short of protecting the rule of law, Victorian Bar head Róisín Annesley QC said Tuesday.
Liberal powerbroker levels ‘very serious allegations’ at Nine’s legal team
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Former Liberal power broker Marcus Bastiaan has told a court he will seek an injunction to prevent investigative journalist Nick McKenzie from “door-knocking and harassing” witnesses in a defamation lawsuit over an explosive 60 Minutes report.
Detergent buyers don’t confuse Finish, Somat brands, trade mark trial hears
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The maker of Somat dishwashing products has hit back at allegations of trade mark infringement, telling a court the prominent brand name on its range of dishwashing tablets functions as an “unmistakable” point of difference between the company and market leader Finish.
Westpac back pays employees $6M in unpaid long-service leave
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Westpac has agreed to pay thousands of employees across Australia a total of $6 million in unpaid long-service leave entitlements as part of a court-enforceable undertaking to the Fair Work Ombudsman.
In rare shareholder class action trial, Slater & Gordon investor takes stand
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The lead applicant in a shareholder class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition has said he might have “dumped” his stock before the firm experienced massive losses in 2016 if not for Pitcher Partners and Ernst & Young’s allegedly faulty advice.
Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
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A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.
Emirates Group can’t recoup $10.5M paid to Australian staff through JobKeeper
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Eight companies in the Dubai-based Emirates Group have lost a court bid to recoup more than $10.5 million paid to Australian staff during the COVID-19 pandemic on the mistaken belief that the money would be repaid as part of the federal government’s JobKeeper subsidy scheme.