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Tabcorp locked in billion-dollar court battle with ATO
Tabcorp and Tatts Group have brought eight proceedings against the Australian Tax Office over more than a billion dollars in deductions for fees to gambling authorities in four states.
Forum Finance liquidators win court ok to sell $1.2M luxury yacht
Liquidators for Forum Finance have won court approval to sell a $1.2 million Mangusta luxury yacht as well as 12 properties owned by various companies within the Forum Group.
Westpac settles case by senior exec who made whistleblower complaint to CEO
Westpac has reached a settlement in a case brought by a former longtime employee and whistleblower who claimed the banking giant dismissed her in retaliation for complaints about its compliance failings.
CBA faces climate change action over oil and gas project finance
The Commonwealth Bank of Australia faces shareholder action seeking records on its financing of gas and fossil fuel projects to ensure compliance with the bank's environmental framework, the latest in the next frontier of litigation demanding climate change accountability.
Ex-Deutsche Bank exec looks to knock out cartel charges
A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.
AMP denies it broke the law by charging dead people for life insurance
AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice fees for life insurance after they died.
PwC settles Zilzie Wines lawsuit over unsolicited R&D tax advice
A settlement has been reached in a Murray Darling wine making family's lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more than $200,000 in losses.
ASIC to hand over examination transcript in Westpac insider trading case
ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.
Takata airbags class action appeals court loss to Volkswagen
The applicant in a class action against Volkswagen over defective Takata airbags has appealed a ruling dismissing the case for failing to establish any loss or damage.
Bluescope slams as ‘delusional’ ACCC evidence of cartel conduct
BlueScope has labelled "delusional" an argument by the competition regulator that alleged correspondence from a distributor about the steel company’s suggested higher prices was evidence of price-fixing.