Financial Services
Judge OKs cutting edge argument in $900M class action against CBA
A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companies’ use of AI.
Competition & Consumer Protection
Google’s ad tech dominance probed by second class action firm
A second law firm has launched a class action investigation into Google’s dominance in the online advertising exchange, alleging breaches of competition laws.
Intellectual Property
Real estate listings giant REA accuses rival Domain of scraping its data
News Corp-owned REA Group has sued rival real estate portal Domain, accusing its main competitor of infringing the copyright it owns in property photos and floor plans.
Class Actions
Allergan hit with class action over breast implants linked to cancer
US drug company Allergan is facing a class action on behalf of women implanted with textured breast implants that were recalled after they were linked to a form of non-Hodgkin lymphoma.
High Court
Bayer launches High Court appeal to revive Xarelto patents
Bayer has filed a High Court challenge to a decision that invalidated its patents for blockbuster blood thinner Xarelto, saying it would adversely affect drug research and development.
Class Actions
‘Replete with error’: Firm fights $5.4M security order in Macquarie class action
A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender's costs, saying concerns about its borrowing capacity were “theoretical and speculative.”
Tax
ATO understaffing to blame for tax dispute escalation, says new Dentons partner
Dentons has nabbed former Hamilton Locke tax disputes partner Damien Bourke, who wants to build up the team aggressively and nominated ATO understaffing as a pressing issue.
Corporate
Aurizon’s Flinders Logistics buy wins ACCC nod after deal restructure
Rail freight operator Aurizon has secured ACCC clearance for its proposed acquisition of stevedoring business Flinders Logistics after restructuring the deal.
Competition & Consumer Protection
ACCC accuses Webjet of misleading customers about flight prices, bookings
Online travel booking site Webjet has been taken to court by the Australian Competition and Consumer Commission for allegedly misleading consumers about flight prices and bookings.
Class Actions
Firm fees, funder’s cut slashed in $180M stolen wages class action settlement
A judge has approved a settlement of up to $180.4 million in a stolen wages class action against the WA government but slashed the law firm's fees and funder's commission.
