As the ACCC’s criminal cartel case against ANZ, Citigroup and Deutsche Bank gets underway, the regulator will face off against a formidable team of lawyers with extensive experience in defending competition matters.
A judge has denied a bid for summary judgment by Garmin Australia in a lawsuit brought by the GPS giant seeking $1.1 million allegedly owed under an agreement to supply its products for sale in Australia.
Commonwealth Bank of Australia will pay $700 million to settle claims of lax anti-money laundering oversight.
AMP appeared in court Friday to defend the first of five class actions filed on behalf of shareholders in the wake of damaging Royal Commission hearings into its conduct over advice fees.
Two generic drug makers are fighting for access to confidential documents related to amendments by Neurim Pharmaceutical of patents covering its sleep drug Circadin, telling the Federal Court on Thursday privilege had been waived after a phone conversation between the company’s founder and her lawyers from DLA Piper.
The judge overseeing a Maurice Blackburn-led shareholder class action against Commonwealth Bank of Australia over allegedly lax anti-money laundering and anti-terrorism financing controls has struck out a portion of the statement of claim for “pleading deficiencies”.
A full bench of the Federal Court has dismissed an appeal by drug giant GlaxoSmithKline in a patent infringement case it brought over planned generic versions of its sustained-release Panadol.
Network Ten will be forced to transfer the entirety of its shares in joint venture TX Australia to rival free-to-air networks Seven West Media and Nine Entertainment for a paltry $1, following a court ruling Tuesday.
The Turnbull government will continue to pursue legislation that would have blocked the merger of the Construction, Forestry and Energy Union with two other unions by submitting the amalgamation to a public interests test.
A judge overseeing Motorola Solutions’ patent infringement suit against Hytera Communications has ordered the Chinese company to hand over documents in evidence in the companies’ U.S. litigation ahead of producing documents held in China.