Westpac has lost a bid to keep group members in the dark about the premiums paid for allegedly worthless consumer credit insurance, information the bank said could inflate expectations about settlements worth $126 million reached in three class actions.
Israeli drug company Neurim Pharmaceuticals has lost a bid to patent a mini version of its melatonin tablet Circadin for children, after a successful challenge by Australian drug maker Generic Partners.
A judge has set aside a tribunal’s decision not to disqualify a SMSF auditor for breaching independence rules, finding the tribunal had failed to consider general deterrence.
Santos has lost its challenge to a judge’s decision to revoke approval for its $4.7 billion offshore gas project because Tiwi Islanders were not properly consulted about the project.
Mining company Quantum Graphite has filed proceedings against accounting firm Grant Thornton over a 2020 report that caused the Australian Stock Exchange to suspend trading in the mining companyâs securities for 14 months.
Developer JD Group has scored a partial win in its challenge to a damages award to a Melbourne couple over a âdeliberately misleadingâ rendering of a $9.6 million apartment, with a judge saying the case showed the âinherent riskâ in buying apartments off-the-plan.
Vanguard Investments has coughed up almost $40,000 for allegedly misleading investors about funds that purportedly did not invest in companies that sell or manufacture tobacco.
US lingerie and beauty giant Victoriaâs Secret has won undertakings from Chemist Warehouse to stop selling allegedly fake fragrance products until a trade mark suit against the pharmacy giant is decided.
Property data analytics firm CoreLogic is taking aim again at a lawsuit accusing it of unauthorised scraping of confidential information from building information provider BCI Mediaâs copyright-protected leads platform, months after a judge found the case was âdefective and deficient”.
Medibank faces a representative proceeding over last month’s data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.