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Meta reaches mid-trial settlement in competition case by start-up
Instagram owner Meta has settled a competition case brought by a marketing company that alleged the social media giant engaged in anti-competition conduct when it barred the start-up from accessing the platform in 2019.
Court tosses Lighthouse’s $600M suit against East Timor
A judge has tossed oil company Lighthouse's $600 million suit against the government of East Timor after it failed to provide $1.3 million in security ahead of trial.
Ex-NAB unit urges High Court to pass on conflicted remuneration case
Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
NBL wins stay of clubs’ case over revenue share deal
The National Basketball League has succeeded in staying preliminary discovery proceedings by the Illawarra Hawks and Melbourne Phoenix basketball clubs, with a judge finding their licence agreement contained a broad dispute resolution clause.
Melbourne Uni loses challenge to professor’s reinstatement
The University of Melbourne has lost its appeal of a decision ordering it to reinstate an academic who was sacked for allegedly harassing a female colleague.
Macsteel wins injunction against ex-CFO accused of misusing info
Steel trader Macsteel International has won an injunction barring its former chief financial officer from disclosing or using its confidential information, after he downloaded almost 10,000 documents containing sensitive information. 
Sacked Blackbay Lawyers partner resolves dispute with firm
A former partner at BlackBay Lawyers has settled his dispute with the Sydney defamation firm.
Lawyers, funder to seek 75% of AMP’s $29M class action settlement
The lawyers and funder behind a settled class action against AMP will ask a court to OK fees and commission totalling almost $22 million, a bill that leaves just $7 million for group members but represents a $43 million loss on actual costs.
ASIC reveals 3 KPMG probes, 500 audit complaints against Big Four
The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
‘All profit, no responsibility’: Diversa grilled over First Guardian
Diversa has been grilled by a parliamentary committee for its refusal to admit failures over the now defunct First Guardian fund, as ASIC reveals it has launched two additional investigations against the super fund trustee.