Snack food company Intersnack Australia has hit AIG Insurance with a lawsuit, claiming the insurer wrongly refused to cover $3 million in losses caused by an employee who allegedly gave out unauthorised discounts.
Two investors have successfully challenged a ruling that threw out their defamation case against a former colleague, with a Federal Court judge saying the primary judge’s findings were “unsound” and “illogical”.
A former head of medical at Sanofi-Aventis has sued the Australian branch of the pharmaceutical giant, claiming he was unfairly dismissed in a “‘sham redundancy” and faced discrimination because of his age and disabilities.
Forum Finance director Bill Papas’ cousin has hit back at Westpac’s allegations he wrongfully received $720,000 from the alleged fraudster in violation of freezing orders made in the bank’s lawsuit, which seeks to recoup $294 million paid into an alleged fraudulent scheme.
The liquidator of collapsed vocational education provider Careers Australia has filed a lawsuit against the company’s former directors, including founding CEO of Optus Robert Mansfield, seeking damages for alleged insolvent trading and breach of directors’ duties over a $40 million dividend the company allegedly could not afford.
A patent holding company has won its legal dispute with a rival over biometric security patents the subject of an infringement case against Apple.
Apple has fired back in a lawsuit alleging its iPhone and iPad devices equipped with Touch ID and Face ID technology infringe patents held by an Australian non-practicing entity, hitting the company with its own case claiming the patents are invalid.
The Australian Competition and Consumer Commission has will not oppose Woodside Petroleum’s $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.
The Australian Communications and Media Authority has hit Telstra with a record $2.53 million penalty for listing individuals phone numbers in public directories against their wishes.
Saying it will only benefit the law firm and lead applicants, a judge has refused to approve a settlement in an underpayments class action against supermarket giant Woolworths, which would see no payout to employees.