Commonwealth Bank of Australia has admitted a breach of data affecting nearly 20 million accounts, but said Thursday there was no evidence that customers’ details were stolen.
A company that owns two innovation patents covering the ubiquitous produce containers in Australian grocery stores has successfully defended the validity of the inventions against claims they were neither inventive nor new.
A judge on Tuesday consolidated two shareholder class actions against life sciences company Sirtex Medical and appointed Maurice Blackburn as lead lawyers for the joint proceedings.
A Federal Court judge has ordered software development company Sea-Tech Automation to pay $4.3 million in a copyright case over a computer program for a drink monitoring system.
AMP’s general counsel Brian Salter says he did not know he was sacked until he read the company’s announcement to the Australian Stock Exchange on Monday morning.
Quinn Emanuel has been forced to bow out as class action counsel in a case against Bank of Queensland after litigation funder Vannin Capital called for the law firm’s $4 million fee to be challenged.
AMP’s chairwoman Catherine Brennar has resigned and the firm’s general counsel has left, as the company faces possible criminal charges for misleading the corporate regulator over its decade-long practice of charging undue fees to clients.
AMP could be hit with criminal charges after counsel assisting the Royal Commissioner said Friday evidence before the commission had shown the wealth management firm may have broken the law when it charged fees for no service, lied about the practice to ASIC, and presented a heavily-edited Clayton Utz report to the corporate regulator as independent.
Unions are calling for the Fair Work Commission to be given the authority to arbitrate industrial disputes and become a “one-stop shop” for workplace grievances.
Kellogg’s has ended its trade mark case against Australian tennis player Thanasi Kokkinakis, which sought to stop Kokkinakis from using his nickname “Special K” as part of a clothing and tennis wear branding campaign.