Sydney-based liquidator David Iannuzzi has been disqualified from serving as an insolvency practitioner for 10 years, in the first case brought by the Australian Tax Office under the Corporations Act’s ban on tax avoidance schemes.
The two law firms leading a class action against Toyota over allegedly defective filters in the car giant’s diesel models will be able to recover the legal costs of only one firm, a judge has said.
Superannuation fund promoter MobiSuper faces legal action by the Australian Securities and Investments Commission, accused of misleading customers in marketing calls.
Women’s fashion designer Pinnacle Runway is challenging a ruling that found a rival’s use of the name ‘Delphine’ to describe a bikini style did not constitute trade mark infringement, but the challenge might cost more than the fight is worth, after a judge found the company had already spent “many times more in legal costs” then it could hope to recover.
The administrators and liquidators of failed auction house Mossgreen have had their $646,000 in fees approved over the objections of creditors, with a judge saying they were entitled to the remuneration after recovering more than $2 million in assets.
Acclaimed ‘Underbelly’ actor Damien Walshe-Howling is defending allegations that he sexually harassed an extra on the set of Channel Ten’s ‘Bikie Wars’ when he grabbed the actress and forced his tongue into her mouth.
Former Tennis Australia director Harold Mitchell was “pushing very hard” for the Seven Network to score the domestic broadcast rights to the Australian Open in 2013 over better offers from rival broadcasters, the Federal Court heard Monday.
Three former Vocation executives — including former federal Treasurer John Dawkins — have been hit with disaqualification orders and fines totalling $125,000 after a court found they breached their directors’ duties ahead of the collapse of the education provider.
The competition regulator has been probing alleged cartel conduct by steel giant Bluescope for a number of years, counsel for the company told a court Friday as it sought transcripts of the watchdog’s compulsory interviews of witnesses and asked for five months to put on a defence.
Murray Goulburn has agreed to pay $37.5 million to resolve the second of two shareholder class actions over its 2016 profit forecasts, as the $42 million settlement of the first class action is held up over questions about the litigation funder’s commission.