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Barristers to robe up at home for trial by videochat in ACCC case against Kogan
Barristers for the ACCC and online retailer Kogan have been asked to robe up at home as the previously in-person trial shifts to videochat in response to the COVID-19 health crisis.
TasPorts slams ACCC case, says extra fees don’t amount to misuse of market power
Tasmanian state-owned ports company TasPorts has admitted to charging additional fees to the owner of a local port, but has denied the ACCC's allegations that these actions constituted a misuse of market power designed to stymie competition.
NAB’s ‘grossly deficient’ systems prompted ASIC’s second fees-for-no-service case, court hears
National Australia Bank's "grossly deficient" systems and failure to swiftly bring its processes into compliance prompted ASIC to launch its second fees-for-no-service case against the bank, the Federal Court has heard.
ACCC slammed for ‘opaque’ demands in misuse of market power case against TasPorts
A lawyer for Tasmanian state government owned ports company TasPorts has criticised the ACCC's first-of-its kind case that alleges it is misusing its market power to stymie competition, saying it isn't clear what the regulator wants the court to do.
ASIC wins case over options trader’s ‘deliberate deception’
ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the "deliberate deception of vulnerable people".
‘Worthless and unsaleable’: Accounting firm hit with class action over Guvera advice
Shareholders of collapsed music streaming platform Guvera have filed a class action against an accounting firm seeking to recoup their losses for the firm's alleged negligence in promoting an investment opportunity in the failed tech company.
Former boss of music streaming platform Guvera disqualified for 2 years
The head of failed global music streamer Guvera has been banned by the corporate regulator from managing corporations for two years for failing to avoid conflicts of interest or pay the company's taxes.
Glencore prevails in $92M court battle with ATO
Commodity trading and mining company Glencore has won a fight with the Australian Taxation Office over a $92 million tax bill related to copper purchased from a subsidiary operating the Cobar mine in NSW.
Full Court docket stacked with class action appeals
The Full Federal Court is set to hear appeals in four class actions in the August sitting, giving the court a chance to address important issues, including cost-capping in joint class actions and security for costs in unfunded cases. Here, we give you the run-down on each of the upcoming challenges.
Moreton wins appeal over R&D tax credits for failed coal gasification project
Australian coal miner Moreton Resources has won a Full Federal Court appeal over tax offsets it claims are owed over a failed pilot project testing underground coal gasification, a process which was ultimately banned in Queensland.