ASIC said it is considering enforcement action against companies that fail to detect and report breaches of the law in a timely manner, after a damning report found the major banks take more than four-and-a-half years on average to spot a breach.
A Bechtel worker who claims his genitals were groped by a male employee and that the construction giant discriminated against him by failing to take the same-sex harassment seriously has sought documents from an internal investigation by Ashurst into the matter.
The Department of Agriculture and Water Resources has proposed a wine label directory meant to safeguard the intellectual property of Australian wine makers by making it easier to detect and bring lawsuits against copycats.
The ACCC is reviewing two deals that would give Germany-based construction giant Knauf a bigger share of the market for construction materials in Australia.
A director of an energy company who was kicked off the board of directors for missing too many meetings has lost a Federal Court challenge to his dismissal.
A judge in the high-stakes trial over the $420 million sale of Viterra’s Joe White malt business to Cargill has denied Cargill’s request to have settlement talks admitted as evidence, shooting down the agricultural giant’s argument that the talks were needed to challenge Glencore in-house counsel’s assertion that he is of good character and will not breach a confidentiality agreement.
Generic drug makers Arrow and Apotex have won the ACCC’s blessing for a tie-up that will create the largest generic drug supplier in Australia, with the competition regulator saying the deal will not substantially lessen competition.
A Melbourne retailer is challenging a $2.8 million fine against it for allegedly violating the intellectual property for Microsoft’s Windows 7 software.
Cricket Australia has reached a settlement in a lawsuit filed by a Tasmanian woman who was fired by the sports league for tweeting her views about abortion.
A patent for genome editing technology by a South Korean biotechnology company has been rejected for a lack of clarity, novelty, and inventiveness, but the Australian Patent Office has given the company two months to try again.