The Australian Securities and Investments Commission has hit financial services provider AMP with court action over fees-for-no-service conduct that allegedly led to upwards of $600,000 being unlawfully withdrawn from superannuation member accounts.
Former Attorney-General Christian Porter has succeeded in scrubbing from the court record the ABC’s full defence in his now-settled defamation suit against the broadcaster, over the protests of media outlets, with a judge finding the principle of open justice was “not absolute”.
The federal government has been hit with a lawsuit alleging it failed to take into account the impact on climate change when it awarded an Empire Energy subsidiary a $21 million grant for gas exploration in the Northern Territory, two months after a landmark ruling found the government owes a duty of care to protect children from the risks of climate change.
A former rugby league journalist with Channel 7 has lost his defamation case over media reports, which alleged he threatened to rip the head off a young regional cadet, because the defamatory imputations were substantially true, judge has ruled.
The NSW Government is facing a class action alleging it fraudulently acquired land for the construction of the WestConnex tunnel and caused loss and damage to 3,000 land holders along the route.
A judge weighing a dispute between ASIC and the Commonwealth Bank over whether notice of a $7 million penalty should be sent out through the bank’s Commbank app has questioned the usefulness of adverse publicity notices and whether they should be ditched for higher pecuniary penalties in the future.
Streetwear retailer Culture Kings has resolved a lawsuit brought by former world boxing champion Mike Tyson alleging the company misled consumers by using his image on its T-shirts.
Brick by brick, the claim that funded class actions are the primary driver of rising directors’ liability insurance premiums is being dismantled. Even more precarious is the claim that the Commonwealth government’s continuous disclosure reforms are the answer and will result in enormous savings for Australian business, says Omni Bridgeway managing director and CEO Andrew Saker.
IP Australia has refused to register a patent acquired by Elanco Australasia from Bayer covering a lice treatment, after amendments failed to address findings that the patent lacked an inventive step.
Regional Express is weighing court action against Qantas, alleging Australia’s biggest airline engaged in anti-competitive behaviour in the form of capacity dumping and predatory practices.