A ruling that valued land snatched by the New South Wales government to make way for the massive WestConnex highway at $23 million is invalid because of a Commissioner’s involvement in adjudicating the matter, an appeals court has found.
The judge overseeing the competition lawsuit brought by the ACCC over Aurizon’s proposed sale of its Queensland intermodal business to Pacific National has denied the regulator’s bid for an injunction against Pacific, saying it amounted to micro-managing that could discourage “normal competitive behaviour”.
Westpac admits that it violated the Corporations Act by awarding high performance marks to a financial adviser whose work was flagged for compliance concerns during several internal reviews.
Chain logistics company Brambles is facing a second class action alleging it breached its continuous disclosure obligations by failing to revise its overly rosy 2017 financial forecast on several occasions.
A claim for damages by Optus over Telstra’s ‘Unlimited’ ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.
A judge has denied a Westpac unit’s bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging the bank aided the Ponzi schemer’s illegal conduct.
Employment law firm McDonald Murholme has lost an appeal in a case over $37,000 in unpaid bills for five months of radio advertisements on the Victorian Radio Network the firm said were ineffective.
The ACCC has scored fines totaling $5.5 million in its case against companies and individuals involved in an alleged cartel over the supply of polycarbonate, a little more than a month before trial kicks off against the alleged mastermind behind the cartel.
The ACCC has won its request for an injunction blocking rail freight operator Aurizon from shutting its intermodal business down while a competition lawsuit the regulator filed over Aurizon’s proposed sale of the business to Pacific National makes its way through the court.
McDonald’s has agreed to change its Corner Cafe logo, after the famed Corner Hotel in Melbourne filed a lawsuit claiming the global food giant’s new hipster cafe violates its trade marks.