Westpac will pay $13.25 million to settle a class action over alleged losses caused by subsidiary BankSAâs investments in a Ponzi scheme run by convicted fraudster Michael Samra.
In a majority ruling that will have significant ramifications for how companies calculate employees’ personal leave days, the Full Federal Court has found that the method used by food manufacturer Mondelez in granting the entitlement for its Tasmanian shift workers left them worse off than under the Fair Work Act.
National Australia Bank is taking Helen Rosamondâs executive services company Human Group to court in connection with a multimillion dollar fraud against the bank.
Ariosa Diagnostics has asked the Full Federal Court to hear its challenge to a ruling that its Harmony prenatal test infringed Sequenom’s patent for a prenatal genetic test, saying the court’s judgment was attended by “sufficient doubt”.
The CFMEU will fund a landmark multi-million dollar class action against labour hire company Workpac seeking repayment of leave entitlements it claims are owed to more than 600 coalminers, in the latest casual employee challenge to hit the courts.
Coal company Glencore has taken further legal steps to block the Australian Taxation Office from accessing documents related to its offshore affairs, after its bid to shield documents exposed in the Panama Papers leak failed before the High Court.
Global pharmaceutical firm Pfizer is mulling an application to stay a lawsuit by Merck Sharp & Dohme seeking to invalidate a patent related to the blockbuster Prevnar 13 vaccine as it awaits the outcome of similar proceedings in the US.
A judge overseeing competing class actions against AMP over allegedly excessive superannuation fees has signed off on an agreement by two rival law firms to consolidate their cases, avoiding a potentially costly and drawn out beauty parade.
Grocon has won the right to appeal a $13.9 million interlocutory judgment in an ongoing lease dispute with property management firm Dexus, amid concerns that the construction company would be deemed insolvent if it was forced to pay the interim demand notice.
The judge overseeing proceedings brought against logistics company GetSwift has refused the corporate regulatorâs request for another yearâs worth of documents, saying it could effectively require the company to start the discovery process over again.