A former director of defunct financial services company Linchpin Capital, who is facing a class action as well as civil penalty proceedings by ASIC, can’t put the brakes on his challenge to a five-year disqualification order by the regulator.
A 65-year-old Melbourne man has become the first person in Australia to be charged with a foreign interference offence since new national security legislation was passed in 2018.
An appeals court has dismissed a second bid by lawyer Alex Elliott to have the judge overseeing the Banksia class action disqualified from hearing claims that he, like his late father, was party to an alleged fraudulent scheme in running the litigation.
Sports presenter Erin Molan has fired off a defamation lawsuit over the Daily Mail’s coverage of a remark she made during Nine’s Continuous Call radio program which she claims implied she was a racist who deliberately mocked the names of Pacific Islanders on air.
The Morrison government has announced significant reforms to insolvency laws as part of its economic recovery plan that take inspiration from US chapter 11 laws, but Australia’s peak legal body has said the timeframe for the changes and lack of consultation were “very concerning”.
The funder backing a shareholder class action against the directors of pharmaceutical firm QRxPharma will not seek to profit from a $7 million settlement in order to bring about a better return for group members, a judge has been told.
Eyewear retailer Oscar Wylee has been fined $3.5 million for its misleading ‘Buy a pair, Give a pair’ promotion, with a judge calling the representations “brazen” and “plainly deceitful”.
AUSTRAC has slugged US financial services giant State Street Bank and Trust Company with a $1.24 million fine for failing to report international funds transfers in breach of anti-money laundering and counter-terrorism laws.
Evidence of an outdated management approach and bullying — which included threatening defamation proceedings against two junior lawyers that complained about her — appear to be responsible for the ousting of a former senior Piper Alderman partner, not her sex, a judge has found.
A former University of Technology Sydney professor based in Shanghai has filed a lawsuit accusing the university of race and age discrimination, alleging his contract was not renewed after the dean of the business school said he wanted to appoint a Chinese person to his position.