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US asset management firm State Street has dropped its trade mark case against superannuation fund HESTA over its Fearless Girl statue, after HESTA agreed to stop all marketing and promotion involving a replica of the famous New York statue.
Maurice Blackburn has partly prevailed in an appeal of a judge's decision to put the brakes on its shareholder class action against BHP while greenlighting a competing case brought by Phi Finney McDonald, with an appeals court ordering the rival law firms to negotiate a deal to consolidate their litigation.
Maurice Blackburn's funding model rejected by a judge overseeing a beauty parade of class actions against BHP appeared structured to incentivise the firm to push up its legal fees, an appeals court said Monday on the first day of a high stakes hearing challenging a decision to shut down two of three competing cases against the mining giant.
The Federal Court has approved a scheme of arrangement which will see investors take a 70 per cent stake in troubled fund manager Angas Securities, receiving a possible $52.2 million in shares and other assets.
A judge has scheduled a three-week trial to begin November 4 in a case brought by the corporate regulator against two directors of Tennis Australia over broadcast rights to the Australian Open, despite argument by a lawyer for one director that the timetable was "extremely tight".
Chemicals giant BASF has dragged an Australian pest control company to court for allegedly violating its patent for an underground termite control system.
Facebook and Instagram will defend against claims they misused their market power to block an Australian marketing startup from their platforms, saying the company - which sends scheduled social media posts for clients -- had breached their terms of use.
Potential new entrants to a major freight terminal in Queensland will be "better protected" by a last-minute promise by the terminal's hopeful owner, Pacific National, than if the ACCC had succeeded in blocking the rail operator's proposed $205 million acquisition, according to the judge who dismissed the competition watchdog's case.
The Australian Competition and Consumer Commission has suffered a major defeat in its challenge to Pacific National's proposed $205 million acquisition of competitor Aurizon's Queensland freight terminal, with a judge saying he was appeased by a last-minute promise from Pacific that it would not block third parties from accessing the terminal.
Judgment is expected next week in the Australian Competition and Consumer Commission's case against Pacific National alleging the rail company made an anti-competitive bid for Aurizon's Acacia Ridge Terminal and intermodal freight business.