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JPMorgan tries to shield ASIC settlement negotiations in ANZ cartel case
JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.
ASIC bans director of failed forex trader Union Standard
The corporate cop has disqualified a director and former responsible manager of the collapsed over-the-counter derivatives issuer Union Standard from working in the financial services sector for the next 10 years.
Christian Porter drops defamation case against ABC after losing silk
Federal government minister Christian Porter has discontinued his defamation action against the ABC and Louise Milligan, just days after a court ruled that silk Sue Chrysanthou could not represent him.
Class action investigation targets a2 Milk over Chinese baby formula sales woes
Plaintiffs law firm Slater & Gordon is considering a shareholder class action against the a2 Milk company over its 2021 financial year guidance, which was downgraded after weak baby formula sales to China.
Clive Palmer not gonna take it: Appeal filed in Twisted Sister copyright case
Billionaire Clive Palmer is challenging a ruling that he pay $1.5 million in damages to Universal Music for violating the copyright on Twisted Sister's 'We're Not Gonna Take It' in a tune for his political ads, saying he should pay only $1 in nominal damages.
Clive Palmer can’t stay battle in decade-long ‘litigious warfare’ with CITIC
Billionaire Clive Palmer has lost his attempt to shut down a breach of contract case over the $5.8 billion Sino Iron project brought by the Hong Kong-based mining conglomerate CITIC, the latest front in the "theatres of conflict" between the warring parties.
Freedom Foods loses second bid to have $20M Blue Diamond feud heard in Australia
Freedom Foods' dispute with Blue Diamond Growers over an almond licensing deal will be heard by an arbitrator in California after an appeals court rejected the company's plea for an Australian judge to determine the case.
Full Court won’t undo injunction barring ‘RestQ’ trade mark use
An appeals court has upheld a ruling which bars use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.
Fonterra can’t keep company name out of class action website domain
Dairy co-operative Fonterra has lost a bid to keep the company's name out of the domain of a website to be set up for a class action brought by farmers alleging they were unlawfully underpaid when Fonterra slashed milk prices and sought a "clawback" in 2016.
Climate change class actions likely as court finds duty of care owed to children
Class actions are the next battleground following Thursday's Federal Court ruling that the government owes a duty of care to protect children from the risks of climate change, according to a number of legal experts.