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Three words missing from a demand letter have sunken oil and gas producer Santos Limited's appeal of a loss in its dispute with French bank BNP Paribas over a $55 million bank guarantee.
Companies that run afoul of the law should brace for more courtroom battles against ASIC, after the Hayne Royal Commission urged the corporate regulator to make litigation a central pillar of its enforcement strategy.
The Australian Securities and Investments Commission has ordered Commonwealth Bank to immediately stop charging customers service fees, after the bank violated the terms of an enforceable undertaking related to its fees for no service conduct.
Ceramic tile maker Ceramiche Caesar has appealed a judge's decision allowing building products maker Caesarstone to register two trade marks that are deceptive similarity to one of its marks, with the judge finding Caesarstone had shown honest concurrent use of the marks.
Maurice Blackburn has criticised a judge's decision to award carriage of a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine to "less experienced" firm Phi Finney McDonald, lodging what is now the second high-stakes challenge to a ruling permanently staying a competing class action.
Visa has resolved a lawsuit by a fintech founder alleging it misused its market power by banning the use of dynamic currency conversion services in several countries, including Australia and the US.
An Australian partner of international law firm Jones Day has moved to the firm's Singapore office to bolster its growing team of international arbitration specialists.
Litigation funder Therium Capital Management has brought on a former director from the Australian Competition and Consumer Commission to bolster its Australian funding team, less than a month after opening its doors in Melbourne.
Denmark-based Lundbeck cannot recover damages for the alleged infringement of its Lexapro patent by generic drug companies that it dropped its claims against, a judge has found.
The Full Federal Court has shot down a challenge by Japanese electronics company Nichia Corp. to a ruling that Arrow Electronics did not infringe its patent for a white light emitting device.