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Royal commission class actions keep rolling in, one year after Hayne report
A year after Commissioner Kenneth Hayne released his scathing report, companies in the financial services sector are still facing fresh class actions over conduct aired at the banking royal commission, and the pace has even picked up in recent months.
High Court to weigh in on patent exhaustion in Seiko ink cartridge spat
The High Court has granted special leave to cartridge reseller Calidad after the company lost an intellectual property dispute with printer giant Seiko Epson and was hit with a general injunction barring it from further patent infringement.
Magistrate in ANZ cartel case shuts down ‘back door’ bid to expand JPMorgan witness grilling
A magistrate has dismissed a bid to expand the cross examination of a JPMorgan witness in the closely watched criminal cartel case over a $2.5 billion ANZ share placement, calling it a "back door" attempt to bypass a prior court ruling.
‘I’m getting awful close to ending my life’: Magistrate despairs as ANZ cartel hearing blows out
A committal hearing in the ANZ cartel case may run a further nine days next year due to ongoing arguments about subpoenas and privilege, which have derailed five planned days of cross-examination of key witnesses and led a Local Court Magistrate to proclaim she was "awful close" to ending her life.
Banks want to grill ANZ cartel case witnesses on late evidence by ACCC
The banks and executives facing criminal charges over alleged cartel conduct related to ANZ's $2.5 billion share placement in 2015 will fight to widen their cross-examination of key ACCC witnesses after new information was brought to light in late submissions by the regulator.
Squire Patton Boggs defeats negligence case over $12.5M plant renovation dispute
Engineering firm GR Engineering Services has lost a negligence lawsuit brought against law firm Squire Patton Boggs seeking damages from an alleged breach of contract relating to the $12.5 million refurbishment of a gold processing plant in Davyhurst, Western Australia.
JPMorgan witness disputed existence of ANZ cartel ‘agreement’ court hears
A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around a $2.5 billion institutional share placement by ANZ was actually an 'agreement,' as opposed to a series of independent decisions, a court has heard.
JPMorgan witnesses grilled as banks seek to poke holes in ANZ cartel case
Two key witnesses from JPMorgan have been grilled by lawyers for three major investments banks named in a high-stakes criminal cartel case as the banks seek to cast doubt on how the ACCC gathered evidence during its almost two-year cartel investigation.
Westpac responds to class action, says members benefited from ‘high’ super fees
Two Westpac units have defended their choice to charge higher superannuation fees, saying in their responses to a Slater and Gordon class action that customers received numerous positive benefits in exchange for the charges.
Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management firm State Street in selling the law firm a replica, a court has heard.