Fossil fuel giant Shell Australia has partially won a challenge to a tax office decision denying deductions claimed over an acquisition the increased the company’s stake in Woodside Energy’s Browse Basin gas exploration joint venture project.
Employees of Romeo’s will be sent a corrected opt-out notice in class actions against the supermarket chain after it emerged that the company’s senior managers may have made unauthorised contact with group members about their participation in the proceedings.
Gym chain Viva Leisure is reportedly facing a potential class action alleging the company has engaged in unconscionable conduct in its dealings with a group of franchisees.
The lead applicant in a class action against Bayer over its allegedly defective Essure contraceptive devices has won court approval to drop her consumer law claims against the German drug maker, with a judge agreeing that the plaintiff’s defect and negligence claims had a better chance of succeeding.
Racing NSW CEO Peter V’landys AM has lost his defamation case against the ABC, with a judge rejected allegations a 7.30 segment, which revealed racehorses were being slaughtered in violation of industry rules, was defamatory.
The Australian Securities and Investments Commission has launched court proceedings seeking to wind up investment manager PE Capital Funds Management, whose trustee Endeavour Securities has connections to collapsed financial services company Linchpin Capital, as well as four of its unregistered managed investment schemes.
A judge has denied ASIC’s request that the court hear its case against RI Advice in November, giving the IOOF unit more time to respond to the 800-page expert report filed by the regulator in support of its case that the company lacked adequate cybersecurity systems.
A Worrells liquidator facing ASIC proceedings seeking to have his registration cancelled has won costs from the regulator after a judge found he was entitled to a “coherent pleading” and ordered the regulator to file a statement of claim.
The Australian Securities and Investments Commission has banned the former managing director of collapsed financial services provider Theta Asset Management from providing financial services for four years, after a court hit the company with a $2 million penalty for issuing defective product disclosure statements for a property investment scheme targeting retirees.
A judge has temporarily adjourned former attorney-general Christian Porter’s defamation lawsuit against the ABC over its coverage of historic rape allegations pending the outcome of a separate legal challenge over whether barrister Sue Chrysanthou SC can represent him in the case.
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