Proceedings launched by ASIC in December accusing the Commonwealth Bank of Australia of saddling consumers with $2.9 million in inflated interest rates on their business overdraft accounts on more than 12,000 occasions will move swiftly to a penalties hearing.
Two shareholders of failed Arrium Group have secured leave from the High Court to challenge a ruling that nixed their planned examination of a former director to bolster a class action over the collapse of the steel producer.
The High Court will decide whether the Full Court was wrong to overturn a $26.3 million judgment for Danish drug maker H Lundbeck in its long-running patent battle with generic drug maker Sandoz over the patent for blockbuster antidepressant Lexapro.
The High Court has granted special leave to sacked climate skeptic professor Peter Ridd to challenge James Cook University’s successful appeal of a $1.2 million judgment in his favour over his termination, wading into a debate over the power of universities to constrain professors’ rights to free speech.
The maker of Vagisil feminine hygiene products has successfully overturned a ruling that denied its bid to stop a European competitor from registering Vagisan as a trade mark in Australia.
A judge has indicated that he will allow Arrium Group’s liquidator to give expert evidence at an upcoming trial in proceedings against the steel giant’s former directors over its $4 billion collapse, despite his other role as a party in the case.
Lawyers representing Bluescope in an appeal of a Fair Work case copped a scolding by a judge Thursday for sending multiple emails to his chambers “pressuring” his associate to provide dates for a hearing.
Cruise company Australian Pacific Touring will resist any expansion of a test case over cancellations brought against it by a former passenger after its failure to properly provide discovery resulted in a fragmented hearing meant to conclude in September last year.
A barrister for a Sydney criminal lawyer who wears hearing aids and is suing News Corp’s Nationwide News over allegedly defamatory Daily Telegraph articles referring to his profound deafness has likened the stories to accusing bespectacled lawyers of being blind.
Westpac-backed venture capital firm Reinventure Group has settled a lawsuit brought by a former partner claiming she was entitled to a cut of a $100 million valuation increase in 11 startups the firm invested in.