Private training company Ashley Services and auditors Deloitte and Grant Thornton will pay a combined $14.6 million to settle a shareholder class action, and IMF Bentham says it may bank $7.2 million for funding the litigation.
Creditors of defunct stockbroker Halifax Investment may soon get emails from the company’s liquidators, after a judge signed off on their request to keep creditors abreast of developments in the defunct’s trading platform’s liquidation proceedings electronically.
A resale price maintenance notification by Meredith Dairy that would block resellers from selling its goat cheese products below a specified price raises competition concerns, the Australian Competition and Consumer Commission says.
Kraft Foods has come up short in its high-stakes legal battle against Bega over the right to use its distinctive peanut butter trade dress in Australia, allowing Bega to maintain its hold on the $60 million per year stake in the peanut butter market which it acquired by purchasing Kraft unit Mondelez’s Australian and New Zealand business in 2017.
A Netherlands-based fashion company is challenging a decision by IP Australia to refuse a trade mark for its brand of high-end menswear named after the father of the modern Olympic Games.
Judgment is expected Wednesday in a high-stakes dispute between consumer giants Kraft and Bega over who owns the rights to the signature Kraft peanut butter trade dress in Australia.
German medical device company B. Braun Melsungen has dropped its appeal of a ruling invalidating three of its intravenous catheter patents and finding rival Becton Dickinson did not infringe the patents.
The consumer regulator has dragged Western Australia’s Quantum Housing and its sole director to court for allegedly engaging in unconscionable conduct and false, misleading or deceptive conduct in relation to a government-sponsored affordable housing program that incentivises below-market rentals.
Nine Network has been ordered to pay a British tourist $100,000 in a defamation suit over a news broadcast that aired following his acquittal on assault charges related to a brawl with rugby player that used the term “coward punch” to describe the dust-up.
The Australian Securities and Investments Commission has won its bid for a court order placing Melbourne-based forex trader Berndale Capital into receivership for allegedly failing to safeguard client money.