A judge has granted ASIC a hotly contested extension of time in appeals brought by Mayfair Group and founder James Mawhinney after a judge slapped the investment group with a $30 million penalty.
The law firm that’s running a shareholder class action against payment processing company EML will seek a group costs order for a 30 per cent cut of the suit’s proceeds.
Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.
Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth fund after allegedly urging investors, through a PR firm, to reject a settlement offer.
A court has handed CBRE indemnity costs for successfully defending a negligent land valuation lawsuit by defunct fund manager City Pacific after it had offered $600,000 to settle the case.
The directors of two money transfer businesses accused of fixing foreign exchange rates are the first ever individuals to be sentenced in Australia to prison terms for criminal cartel conduct.
The Australian Competition and Consumer Commission has raised preliminary concerns that Aurizon’s proposed $2.3 billion acquisition of rail haulage company One Rail could stymie competition in the NSW and Queensland markets for coal haulage services by rail.
Facebook owner Meta is fighting for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest.
Airbnb has been hit with legal action by the consumer watchdog alleging the prices shown on the vacation rental website differed from what consumers were charged.
The Australian Competition and Consumer Commission is “close” to settling its case against office supply company Fujifilm over allegedly unfair contracts with small businesses, a court has heard.