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Tech giants Google and Facebook have come under fire in a Senate inquiry for their "threats" to block news in Australia if a draft media bargaining code proposed by the ACCC is passed without any amendments.
A $25 million settlement has been reached in three long-running shareholder class actions over the collapse of electronics retailer Dick Smith, under which the funders that backed the litigation will not recover their costs and shareholders recoveries will be small.
NAB has succeeded in blocking accused scammer Helen Rosamond and her executive services company Human Group from varying a freezing order in a case over an alleged $51 million fraudulent scheme so that she can pay her legal bills and living expenses.
Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led to a drop in the company's share price.
Facebook and Google should not be expected to solve the challenges currently facing the Australian media industry, according to the social media giant, which has called on the government to address concentration in the media market.
The Commonwealth Bank of Australia has been sued for conspiracy to misuse private information and bank account details in an unfair dismissal case brought by the director and former employee of a Melbourne financial services provider.
Building products supplier Wagners has successfully challenged a Queensland Supreme Court judgment ruling in favour of Boral in a high-stakes cement supply dispute between the construction giants.
A judge has rebuked the "procedural vulgarities" plaguing a referee's supplementary report in a class action against Toyota over allegedly defective vehicles and has called for the process to be simplified.
KPMG Law has snagged a former PricewaterhouseCoopers partner and NewLaw expert to lead its recently formed legal operations transformation services team, which the firm says has already delivered more than US$200 million in savings to in-house legal teams.
The ACCC is considering taking legal action against Google after the search giant completed its $3 billion acquisition of fitness device company FitBit before the consumer watchdog could finish its investigation into the transaction.