Latest Federal Court News

Income Asset Management has resumed ASX trading after revealing a $1.5 million fraud involving a former employee, while assuring clients their assets remain secure under current custodianship.

Bounty Oil & Gas has clarified that no undisclosed information explains the recent surge in its share trading, linking activity to an ongoing Federal Court hearing on the PEP 11 project now adjourned to Sydney.

MEC Resources has responded to ASX inquiries about unusual trading activity, confirming no undisclosed information but highlighting ongoing Federal Court proceedings involving its investee company.

BPH Energy has responded to ASX inquiries about unusual trading activity, confirming no undisclosed information and highlighting ongoing Federal Court proceedings related to the PEP 11 project.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

Centrex Limited and its subsidiary Agriflex have completed their deed of company arrangement, ending external administration and transferring ownership to PRL Global Limited.

NSX Limited has dispatched the Scheme Booklet to shareholders detailing the proposed acquisition by a CNSX-related entity, with a hybrid Scheme Meeting scheduled for 10 October 2025.

The Federal Court of Australia has authorised NSX Limited to hold a shareholder meeting to vote on the proposed acquisition by CNSX Markets’ related entity. The detailed Scheme Booklet, including an Independent Expert's Report, is now available to guide investor decisions.

The Federal Court has dismissed most ASIC claims against Money3 Loans, a Solvar subsidiary, affirming its compliance with responsible lending standards while identifying limited breaches in a handful of consumer loans.

Coles Group reveals a significant potential financial impact following a Federal Court decision on underpayments to salaried team members, estimating remediation costs between $150 million and $250 million.

Woolworths Group has revealed a preliminary estimate of up to $330 million post-tax liability following a Federal Court decision on historical underpayments to salaried store team leaders, signaling major shifts in retail wage practices.

Duxton Farms Ltd has announced a scheme of arrangement to acquire all issued preference shares of Duxton Dried Fruits Pty Ltd, offering a mix of scrip and cash consideration. An independent expert has assessed the transaction as fair and reasonable, endorsing the merger as a strategic step to create a diversified agricultural investment platform.