Japanese beer giant Asahi has offered to divest key beer and cider brands in a bid to convince the Australia Competition and Consumer Commission to approve its planned $16 billion acquisition of Carlton & United Breweries.
The Australian Trade Marks Office has granted another victory to Treasury Wine Estates in its ongoing battle against Chinese firm seeking to misappropriate the Penfolds name and sell knockoff wines under similar branding in China.
Slater and Gordon has expanded its Get Your Insurance Back campaign, launching class actions against ANZ and Westpac over allegedly worthless consumer credit insurance, just three months after it reached a $49.5 million settlement with NAB in a class action over similar insurance.
AÂ judge overseeing a shareholder class action against collapsed engineering group RCR Tomlinson has said goodbye to the common fund order in the case while welcoming last year’s High Court decision preventing these orders from being made at the early stage in class actions.
ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, deceptive and unconscionable conduct that caused investor losses of over $30 million.
The lead applicant in a class action over allegedly combustible cladding has been ordered to immediately pay the defendants’ costs that were thrown away by amended pleadings that bring a “substantially new case”, over a year after the high-stakes case was filed.
Medtronic owned Covidien and two other medical device manufacturers have been hit with a class action on behalf of thousands of women who claim to have suffered lifelong complications from the devices, the third class action over pelvic mesh implants brought in Australia.
Deloitte has lost its appeal of a ruling in a shareholder class action over the collapse of Hastie Group that compelled the production of audit files taken by a partner from the accounting giantâs litigation room, in a ruling that described the actions of the partner as âbordering on contemptâ and slammed Deloitte for âcynicallyâ exploiting the situation.
Supermarket chain Woolworths, which is facing a class action over its staff underpayments, has admitted the amount owed to workers is at least $315 million, far higher than the companyâs initial estimate of $200 million to $300 million.
An Australian burger chain launched as a tribute to the popular American burger franchise In-N-Out has lost a trade mark infringement lawsuit, with a judge finding its name choice was “deceptively similar” and “cheeky”.