The Commonwealth Bank of Australia is seeking to strike out portions of a shareholder class action over allegedly lax anti-money laundering and anti-terrorism financing controls it calls a “vague penumbra” that leaves the bank in the dark about the case against it.
AstraZeneca is appealing a Fair Work Commission decision that workers are guaranteed 10 days’ sick leave under the National Employment Standards regardless of how long their working day is.
The Full Federal Court has shot down Reckitt Benckiser’s appeal of a ruling that it misled consumers with claims that its Nurofen is a more effective pain killer than rival GlaxoSmithKline’s Panadol.
Private follow-on actions for consumer law violations will be easier to bring under a new bill recently introduced in the Senate, a potential boon to class action lawyers.
The Full Federal Court has handed Johnson & Johnson unit Ethicon a victory in the class action over its allegedly defective vaginal mesh devices, partly reversing a judge’s decision that expanded the class post-trial.
Supermarket giant Woolworths has been hit with union action to scrap its enterprise bargaining agreement and put it on the hook for $1 billion in unpaid wages.
An urgent injunction sought by US-based Millennium Pharmaceuticals to block generic drug maker Dr Reddy’s Laboratories from launching a cheap version of the breakthrough cancer drug Velcade has been panned as unnecessary.
Companies breaching the Australian Consumer Law will be hit with higher fines after the Federal Parliament on Thursday passed a bill that aligns the maximum penalties with fines for competition law violations.
Hotel booking site Trivago has been hit with legal action by the consumer regulator alleging the company’s price advertisements were misleading.
The competition regulator has cleared JCDecaux Australia’s multibillion merger with APN Outdoor Group, while oOh!media’s $570 million tie-up with AdShel has also been given the nod.