Court blocks short seller from releasing Vulcan Energy report

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Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for one week.

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Ex-Quantum Resources CEO sentenced for insider trading

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Former Quantum Resources CEO and director Avrohom Kimelman has been sentenced after being convicted on charges of insider trading and conspiring to manipulate the market in shares of the company, now known as Nova Minerals.

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Lawyer takes Banksia class action ruling to appeals court

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The Banksia Securities class action saga will return to the appeals court, with a lawyer indicating he plans to challenge last month’s ruling that found he knowingly assisted in a plot to defraud tens of thousands of investors in the collapsed lender.

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Top judge did ‘unexplained violence’ to Star’s business interruption policy, Full Court told

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In rejecting a bid by The Star Entertainment Group to recoup losses stemming from the COVID-19 pandemic, the Federal Court’s Chief Justice did “real and unexplained violence” to the construction of a business interruption policy the casino giant had taken out with Chubb, the Full Court has heard.

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Developer relied on Sparke Helmore lawyer to read fine print, trial told

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The former director of a central Queensland construction company relied on his Sparke Helmore solicitor to read over contracts for sale for him, a court has heard in a trial over allegations the law firm’s negligence led to a loss of more than $1 million.

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$35M settlement in NT youth detention class action a ‘discount’, court hears

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The Northern Territory’s agreement to pay $35 million to settle a class action on behalf of 1,200 young people who allegedly suffered human rights abuses while in detention was a “discount” on the claimed value of compensation owed, a court has heard.

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Judge concedes he had no power to jail tour operator for 12 months

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A judge has admitted in a $2 million false imprisonment lawsuit against him that he had no power to sentence the owner of a Cairns tour company to 12 months in jail for contempt of court.

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Myer faces lawsuit over $4.2M in unpaid rent during COVID-19 pandemic

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Department store chain Myer has been hit with a lawsuit for allegedly failing to pay over $4.2 million in rent for its flagship store on Bourke Street in Melbourne during the coronavirus pandemic.

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Nine defends Liberal party branch-stacking claims, says Michael Sukkar knew of scheme

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Media giant Nine has defended reporting that allegedly implied former Victorian Liberal party vice president Marcus Bastiaan engaged in illegal branch stacking, arguing the coverage was justified and that federal assistant treasurer Michael Sukkar was in on the scheme.

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