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NSW Chief Justice Tom Bathurst will retire after almost 11 years in office, saying it was time for the Supreme Court to be “reinvigorated”.
Star Entertainment’s woes worsen with third class action probe
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A third law firm has launched an investigation into a potential shareholder class action against Star Entertainment Group after a $1 billion share price nosedive on the back of allegations of lax management of anti-terrorism and money laundering risks.
Plastic surgeon and TikTok celeb can’t stop ABC from airing Four Corners episode
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A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.
Judge extends asset freeze over iSignthis CEO in $10M stoush with tax office
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A judge has extended by a week a freezing order over the assets of ISignthis CEO John Karantzis in a dispute with the Australian Taxation Office over a $10.7M alleged tax debt, but a bid to extend the scope of the order to include shares in a Cyprus-based company launched by the fintech businessman has failed for now.
a2 Milk faces new shareholder class action investigation
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The a2 Milk Company is facing the prospect of a second shareholder class action over its 2021 financial guidance and subsequent downgrades following Slater & Gordon’s case earlier this month.
Ian Macdonald, Obeids sentenced to jail time for bid-rigging conspiracy
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Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go to jail for a non parole period of three years for their conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.
ATO, Raptis Group to enter ‘commercial discussions’ in $110M tax case
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The Australian Taxation Office will have “commercial discussions” with Gold Coast property developer James Raptis before deciding whether to seek summary judgment in a case over $109.5 million in alleged tax avoidance.
Worker’s rejection of ‘derisory’ $100 settlement offer not unreasonable, judge finds
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A rejected $100 offer of compromise was not sufficient to warrant a costs order to a Queensland automotive company after it succeeded in Fair Work proceedings brought by a former contractor, a judge has found.
Tyro hit with class action over terminal outage
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Payments provider Tyro has been hit with a class action over a days-long terminal outage that left many businesses unable to accept payments.
Joint venture lobs $50M lawsuit over $1.37B Melbourne Metro payout
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A joint venture which helped design the Melbourne Metro has filed a $50 million lawsuit claiming they were not given enough of a $1.37 billion payout promised by the state’s government to cover additional work.