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The Australian Securities and Investment Commission has launched proceedings against the Commonwealth Bank of Australia and its subsidiary Colonial First State Investments over the alleged payment of conflicted remuneration for a superannuation product jointly developed by the financial giants.
Telecommunications companies Dodo and iPrimus are facing court proceedings by the Australian Competition and Consumer Commission for allegedly making false or misleading claims about the NBN broadband speeds their customers could achieve during busy evening hours.
Casual dining pioneer Sizzler has served up a trade mark lawsuit over an eponymous burger sold by a Brisbane-based burger chain and marketed as an "ode to the cultural icon".
Coffee capsule machine manufacturer Caffitaly has suffered a significant loss in its intellectual property case against a rival, with the Federal Court dismissing its infringement claims and revoking three of its patents in a single shot.
A judge has dismissed a defensive bid by ASIC to amend its case against GetSwift mid-trial, instead calling on "common sense" to be injected into the proceeding as the hearing enters its second week.
Final bids for Virgin Australia were lodged on Monday by investment firm Bain Capital and private equity investor Cyrus Capital Partners, and the struggling airline's administrators are giving themselves a week to pick a winner.
Fonterra has been hit with a class action by disgruntled dairy farmers who allege they were unlawfully underpaid when the processor slashed milk prices and sought a "clawback" in 2016.
The Government has asked the Australian Competition and Consumer Commission to actively monitor the competitiveness of the domestic air travel market, which has been severely impacted by the COVID-19 pandemic.
A group of Queensland youths and rural landowners are suing Clive Palmer's Waratah Coal for alleged human rights breaches over concerns the company's Galilee Coal project may fuel dangerous climate change that puts their futures at risk.
The lead applicant in a class action against Ford over its allegedly defective PowerShift transmission broke down after being accused of lying under oath during a heated virtual cross-examination by the car company's barrister.