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Financial services giant IOOF Holdings will be on the hook for any judgments or settlements reached in two class actions and an ASIC lawsuit as part of its $1.4 billion acquisition of NAB wealth management unit MLC.
Fintech firm iSignthis has revealed that it has spent over $1 million in legal costs pursuing its $264 million lawsuit over misleading and deceptive conduct against the Australian Stock Exchange.
The Federal Court has granted a bid by global solar cell manufacturer Hanwha to amend the patent behind its solar technology at the centre of a hotly contested infringement case against three rivals.
German pharmaceutical giant Boehringer has partially succeeded in its opposition to several vaccine patents filed by animal health company Zoetis, used to treat pneumonia in pigs.
A lawyer acting for former AMP employee Julia Szlakowski has accused the company of a lack of transparency and has released the findings of the London barrister hired to investigate her sexual harassment allegations against senior executive Boe Pahari, which confirm Szlakowski’s version of events but conclude only some allegations constituted harassment.
Maurice Blackburn is abandoning its class action against Westpac over the bank's alleged responsible lending law breaches, weeks after ASIC lost its appeal in the so-called wagyu and shiraz case and conceded defeat.
The State of Victoria has been hit with a class action for its allegedly negligent handling of its hotel quarantine program, which is believed to be responsible for the state’s second wave of coronavirus cases.
In what is believed to be a first in Australia, a judge hearing a defamation case between two Sydney lawyers has found that an emoji is capable of carrying a defamatory imputation.
A court has ordered a subsidiary of Indian conglomerate Adani Group to pay more than $106 million to four coal mining companies after finding the mining company engaged in "dishonest behaviour" and misled the court.
The lead applicant in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride malfunction is seeking access to the company’s insurance documents, amid fears the theme park operator lacks assets to meet the estimated $310 million lawsuit.