A judge has found a NSW training company is liable to pay $139 million for over 12,000 students who racked up VET FEE-HELP debts but failed to complete their courses due to an “unconscionable” enrolment system.
Top-tier law firm MinterEllison provided ASIC with a legal opinion on whether it was appropriate for the regulator to cover the tax bill of chairman James Shipton, telling the regulator that it was “standard practice” for an employer to cover the reasonable cost of tax advice.
ASIC has spent $3.2 million so far pursuing billionaire mining magnate Clive Palmer in two criminal lawsuits alleging takeover contraventions and fraud.
A make-up artist has launched a Fair Work case against the ABC alleging she lost her shifts after refusing to wear a mask in the midst of the COVID-19 pandemic.
The consumer watchdog has launched enforcement action against Facebook, alleging the social media giant engaged in false, misleading or deceptive conduct in the promotion of its discontinued Onavo Protect mobile app.
Former BlueScope general manager of sales and marketing Jason Ellis has been sentenced to a wholly suspended prison term of eight months after pleading guilty to obstructing a price fixing investigation.
The ACCC has raised preliminary competition concerns about Woolworths proposed 65 per cent acquisition of food wholesale distributor PFD Food Services, saying the deal would give Woolworths more power in its dealings with food manufacturers.
A judge has appointed a provisional liquidator to a company owned by missing Sydney businesswoman Melissa Caddick, while criticising ASIC for not cooperating with her brother who is seeking to vary asset preservation orders made over his sister’s property.
The Australian Competition and Consumer Commission has taken franchise giant Retail Food Group to court for allegedly misleading purchasers of loss-making franchises about the profitability or viability of its stores.
The Federal Court judge who is now overseeing a high stakes criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement has ordered that an indictment be filed by February 1, telling the parties “we have to get this case moving” and that he hoped to move the matter to trial “before we all retire”.