Creditors of the failed Arrium Group have won access to documents handed over by third parties to the company’s administrators for possible civil proceedings against the steel producer, which collapsed owing $2.3 billion.
A former mobile lender with the Commonwealth Bank of Australia will stand trial for his alleged role in a massive $170 million home loan fraud scheme that targeted Australia’s largest banks.
The management company owned by Titus Day has fired back at a lawsuit filed by singer Guy Sebastian, claiming it’s still owed commissions for appearances by the singer.
The High Court has granted an appeal to a Norton Rose Fulbright-represented man who claimed more than 900g of marijuana found at his house was for personal use, repealing his conviction for drug possession after new evidence emerged that may have changed the course of his trial in 2013.
The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.
A popular Australian designer of neoprene athleisure handbags has filed a lawsuit against another designer for making bags that allegedly copy the design of its trendy totes.
The deputy chairman of the Australian Securities and Investments Commission, Peter Kell, has resigned just five months into a yearlong extension of his contract with the corporate watchdog.
Meriton has withdrawn its appeal of a ruling that fined the property manager $3 million for manipulating bad reviews on TripAdvisor.
Litigation funders should not be regulated by ASIC but by the courts, the corporate watchdog has told the Australian Law Reform Commission in response to proposals to overhaul the class action regime and subject funders to licensing requirements.
A subsidiary of building materials giant Boral was fined $30,000 Wednesday after threatening to sack its entire workforce for voting down proposed changes to an enterprise agreement to comply with the building watchdog’s code.