A judge has signed of on a settlement struck by the liquidator for failed financial services firm Babcock & Brown, which will resolve all remaining and future shareholder disputes, which have beleaguered the liquidator for 12 years.
Saying the appeals court committed “fundamental errors” in approaching their claim of loss, the applicants in failed cases against the Commonwealth Bank have appealed to the High Court, in a case that could clarity the elusive test for damages in shareholder class actions.
Abbey Animal Health has managed only a “pyrrhic victory” in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.
Puma has lost its opposition to a trade mark application by Tiger Woods’ golf apparel and equipment brand Sun Day Red, failing to convince the Trade Marks Office that the company’s logo is deceptively similar to its iconic leaping cat mark.
An appeals court has binned construction firm Shamrock’s second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
A court has declined a developer’s appeal of a Sunshine Coast council’s rejection of plans to build a BP service station as well as a McDonald’s and KFC at vacant land in Maroochydore.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn’t afford.
A judge has ordered the Australian Broadcasting Corporation to pay $150,000 for unfairly dismissing presenter Antoinette Lattouf because of her opposition to the Israeli military campaign in Gaza.
Sports merchandise company Fanatics is going another round in its trade mark fight with AFL apparel maker FanFirm, urging the High Court to give guidance on the defence of honest concurrent use.
In a landmark decision, the Full Bench of the Fair Work Commission has awarded lost pay to an Uber driver who was unfairly deactivated from the ridesharing app for two months following a false complaint by passengers who assaulted him.