Westpac has followed ASIC’s lead, launching a separate appeal to a ruling that it provided financial advice but not personal advice as part of a campaign encouraging customers to roll over external superannuation accounts.
German pharmaceutical company Boehringer has struck back at a patent lawsuit brought by Teva, filing a cross-claim alleging Teva is threatening to infringe three of its patents related to its blockbuster inhaler Spiriva with the planned launch of a competing inhaler in Australia.
The Australian Building and Construction Commission has brought a new lawsuit against the CFMMEU, alleging the union organised unlawful industrial action and verbally abused a health and safety advisor at a Queensland building site.
The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.
Auto electronics maker B8 Systems has settled a patent suit brought by rival Redarc Group and has agreed to stop selling its allegedly infringing vehicle brake controller in Australia.
The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.
KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial services regulation, technology and telecom transactions, and government offerings.
Two rulings Friday keeping alive the common fund order are a ringing endorsement by the courts of the important role that litigation funders play in class actions, experts say, and have paved the way for more funded post-Hayne consumer litigation against banks and other financial services firms this year.
A senior female partner at Piper Alderman will go into mediation this week with representatives of the firm’s partnership to try to resolve her sex discrimination lawsuit, which alleges a group of equity partners have used baseless complaints of bullying to try to push her out.
Common fund orders in class actions are legal and not unconstitutional, six judges found Friday after a history-making joint sitting of two appeals courts.