Most Recent
JPMorgan has taken ANZ to task for its "heroic endeavours to create an air of suspicion" around the conduct of ASIC and the ACCC prior to the filing of a landmark criminal cartel case, slamming the allegations as purely speculative.
ANZ is seeking information on whether the ACCC put pressure on ASIC to not pursue proceedings against JP Morgan over a $2.5 billion share placement that is at the centre of a closely watched criminal cartel case, saying the matter raised a "serious question" about potential abuse of power by the regulators.
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.
German drug company Fresenius Kadi has resolved a patent case brought by Korean drug company Samsung Bioepis over a biosimilar of top selling arthritis drug Humira.
Hotel booking aggregator Trivago misled consumers about its cheapest price promise by arranging its listings according to payments it received instead of the actual hotel room price, a court has found.
Lawyerly's Litigation Firms of 2019 racked up multiple wins last year in high-stakes litigation against formidable opponents, including the country's top regulators.
The UK-based Scotch Whisky Association has lost its opposition to the Clyde River trade mark for use on alcoholic beverages, with an IP Australia delegate saying the mark had no connection to the production of spirits and rejecting the trade organisation's argument that the mark was evocative of Scotland.
The Australian Taxation Office has appealed a Federal Court judgment that healthcare company Healius could recover a tax refund and associated interest estimated to be worth about $60 million.
Unfunded group members in two shareholder class actions against online fashion retailer Surfstitch have been told they are likely better off to opt out of a settlement if a judge approves $6 million in fees and a 30 per cent commission sought by the law firms and funder that brought the cases.
BlueScope's decision to hide its trade secrets has doomed its patent infringement lawsuit against South Korean rival Dongkuk Steel, with a judge dismissing the case and invalidating two of the steel giant's patents.