A judge has declined to quash the indictment in a high-profile criminal case over a $2.5 billion ANZ share placement but sent prosecutors back to the drawing board to remedy its defects, calling the state of affairs “a complete shemozzle”.
Assessing claims of privilege involving multidisciplinary firms like PricewaterhouseCoopers that offer legal and accounting services is “inherently awkward”, a court heard on the final day of a hearing in a privilege battle between the accounting firm and the ATO.
A self-described “citizen journalist” who publishes “cynical and cranky” opinions about the Australian Stock Exchange on the Twitter account Stockswami cannot claim journalist privilege to protect his source, a judge has found.
Supermarket giant Woolworths can recoup losses from a 2014 train derailment in South Australia despite a contractual clause excluding force majeure events, the NSW Supreme Court has found.
In another victory for ASIC in a case stemming from the banking royal commission, a judge has ruled that TAL Life Limited breached the Insurance Contracts Act after denying coverage to a cancer patient and threatening to recover $24,000 it had already paid to her.
The jailed former CEO of defunct health food business Healthzone has lost his appeal of a criminal conviction and sentence over a conspiracy to fraudulently use a $1 million company bank loan to repay personal debts.