Mining firm MACH Energy has resolved a lawsuit brought by a former director seeking $20 million in shares allegedly owed under an equity incentive scheme.
The ACCC’s recommendation in its digital inquiry report for a statutory cause of action for serious invasions of privacy has merit as a mechanism to safeguard individual’s privacy where it is not protected by the Privacy Act or the patchwork of surveillance and related legislation. But it remains to be seen whether there will be any greater governmental impetus than on previous occasions to make the legislative changes required, writes Gilbert + Tobin partner Melissa Fai and lawyer Stephanie Essey.
BASF has dropped a lawsuit alleging Sherwood Chemicals infringed two of its patents for an underground termite control system.
Thorn Group is seeking to raise $38.7 million to cover its share of a $29 million settlement in a consumer class action alleging its Radio Rentals unit pushed misleading ‘Rent, Try, $1 Buy’ leases onto vulnerable customers.
The High Court has cleared the way for victims of a rubbish tip fire that tore through 17,000 acres of farmland in the NSW Riverina to claim more than $20 million in damages in a class action, after rejecting an appeal bid by the local council.
A judge has thrown out the NRMAās consumer case against the maritime union over its Sydney fast ferry campaign, ruling that a verdict in favour of the motoring body would have brought the āthe entire field of industrial relations within the operation of consumer legislationā.
The competition regulator has given rural retailer company Elders the greenlight to proceed with its proposed $187 million acquisition of wholesale group Australian Independent Rural Retailers, but has warned it will be paying close attention to any future consolidation in the rural sector.
Electronics giant LG has been ordered to pay a $160,000 penalty after its call centre workers misled two complaining customers about their rights to replace a faulty television or get a refund under the Australian Consumer Law.
A settlement has been reached in an intellectual property lawsuit brought by famed Melbourne pub The Corner Hotel against McDonald’s alleging the fast food chain’s experimental hipster cafe in Sydney violates its “Corner” trade marks.
The Australian Competition and Consumer Commission has warned it could take enforcement action if its finds banks are misleading customers about foreign exchanges fees and warned banks’ use of their compliance obligations to deny banking services to their non-bank competitors could constrain competition in the market for foreign exchange services.