A former mobile lender with the Commonwealth Bank of Australia will stand trial for his alleged role in a massive $170 million home loan fraud scheme that targeted Australia’s largest banks.
A Federal Court judge has ordered three individuals targeted in an ASIC lawsuit over binary option trading to pay $60,000 in contempt of court penalties for breaching court-imposed freezing orders.
Aristocrat Technologies has hit the jackpot in its bid for discovery to determine whether it has claims against rival Ainsworth for stealing its confidential information and using it to design a competing slot machine.
Westpac is challenging a judge’s order that gives the funder backing a class action over life insurance premiums a 25 percent cut of any recovery.
A judge has granted a unit of Queensland Investment Corporation’s request for a confidentiality regime for certain documents discovered in an ongoing legal spat with EnergyAustralia over the $1.78 billion sale of a gas facility in Victoria, but said three EnergyAustralia can view the documents.
US tyre company Goodyear has dropped its challenge to a mixed trade mark ruling in its long-running dispute with UK-based rival Dunlop over coveted trade marks for ‘Dunlop’ and ‘Flying D’.
ASIC has locked horns with a Federal Court judge over his proposal to appoint an independent referee in its case against AMP over insurance rewriting, with the regulator arguing the move would lead to delay and duplication of costs.
The management company owned by Titus Day has fired back at a lawsuit filed by singer Guy Sebastian, claiming it’s still owed commissions for appearances by the singer.
The High Court of Australia has rejected an appeal of a ruling that found a funeral insurer was liable for the use of a rival’s confidential information by employees and instead granted a cross-appeal that more than doubled the rival’s award of profits.
The law firm leading a shareholder class action against Crown Resorts wants evidence from employees whose arrest in China during a 2016 government crackdown on gambling sent the company’s stock price tumbling.