ASIC has lost its challenge to findings that a revenue sharing arrangement between the Commonwealth Bank of Australia and former subsidiary Colonial First State Investments did not breach conflicted remuneration provisions of the Corporations Act.
Junior doctors have notched an important victory in a class action alleging Peninsula Health failed to pay overtime hours, with a judge finding the healthcare provider liable to pay for overtime that was not expressly authorised.
A judge asked to approve a $50 million settlement in a consumer credit insurance class action against the Commonwealth Bank has questioned a $2.5 million deduction for professional services firm Deloitte.
Shine Lawyers has lost its bid to recover $32 million in interest on a loan it took out to run two pelvic mesh class actions against Johnson & Johnson, with a judge finding it would make a āmarginal settlement less than reasonableā.
Global firm White & Case has recruited two senior lawyers from Clayton Utz to head up its newly established financial insolvency practice in Australia.
The Ned Kelly Centre has come up short in its bid to halt two construction projects at the site of the famed bushranger’s last stand where he was captured by police.
Discount retail chain The Reject Shop has hit back at an underpayments class action, claiming store managers were not entitled to overtime and that their claims cannot be run as a class action.
A judge has adjourned a trial in a case brought by junior doctors seeking to recoup alleged unpaid overtime, despite noting his annoyance over the applicantsā ā180 degree turnā on the question of whether the hearing should await delivery of judgment in a related case.
Novartis unit Sandoz has won its bid to stay a case by rival Lundbeck, including orders for damages previously calculated at $26.3 million and counting, despite having succeeded at the High Court in a dispute over its patent for blockbuster antidepressant Lexapro.
Commonwealth Bank of Australia has recruited Clayton Utz partner and executive chair Karen OāFlynn to replace the outgoing Carmel Mulhern as the bank’s group general counsel.