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Seven wins contempt of court ruling against Amber Harrison
Media 2018-05-09 4:23 pm By Christine Caulfield

The ex-lover of Seven Network’s CEO Tim Worner was found in contempt of court on Wednesday after violating a gag order that barred her from speaking out about the affair and leaking company documents.

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Commonwealth Bank to pay $25 million to settle rate rigging case
Financial Services 2018-05-09 2:39 pm By Christine Caulfield

Commonwealth Bank has agreed to pay $25 million to settle claims by the securities regulator that it manipulated the bank bill swap rate.

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AMP’s three female non-executive directors step down
Financial Services 2018-05-08 6:16 pm By Christine Caulfield

Facing shareholder wrath in the wake of the Royal Commission’s damning revelations, AMP’s three female non-executive directors stepped down on Tuesday.

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‘Mullet teen’ ordered to reactivate Facebook page in defamation case
Media 2018-05-08 11:18 am By Christine Caulfield

Sydney youth Ali Ziggi Mosslmani, whose mullet hairstyle became an Internet sensation after he posted a photo on social media, has been ordered to reactivate his Facebook account for discovery in a defamation case against Nationwide News.

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JB Hi-Fi cops earful from ASX over buried profit downgrade
Securities 2018-05-07 10:41 pm By Christine Caulfield

JB Hi-Fi has been grilled by the Australian Stock Exchange after slipping news of an earnings downgrade into a presentation at an investment conference.

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Acai berry co. sues Aussie duo for Amazon myth-making
Competition & Consumer Protection 2018-05-07 4:27 pm By Christine Caulfield

California-based acai berry company Sambazon Inc. is suing its former Australian distributors, alleging they have falsely co-opted Sambazon’s narrative as pioneers venturing into the heart of the Amazon to source their superfood.

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Former VW chief charged over diesel emissions scandal
Class Actions 2018-05-04 11:53 pm By Christine Caulfield

A former Volkswagen CEO Martin Winterkorn has been charged in the US with conspiracy and fraud over the car maker’s long-running scam to cheat emissions tests, two months after VW faced trial in Australia over dieselgate.

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Briefly: REA Group wins challenge to realestateasia.com.au TM
Intellectual Property 2018-05-04 11:23 pm By Christine Caulfield

Online property portal REA Group has successfully opposed registration of a trademark for the domain name realestateasia.com.au, with the Trade Marks Office saying the challenged mark was adopted to exploit the commercial success of the popular real estate site. 

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AMP denies committing a crime, defends Clayton Utz report
Financial Services 2018-05-04 2:30 pm By Christine Caulfield

AMP has shot back at Royal Commission findings that it committed a criminal offence over its fees-for-no-service scandal and has defended a report prepared by law firm Clayton Utz over the issue.

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Network Ten’s stake in TXA must go to rivals for $1, court orders
Media 2018-05-02 9:23 pm By Miklos Bolza

Network Ten will be forced to transfer the entirety of its shares in joint venture TX Australia to rival free-to-air networks Seven West Media and Nine Entertainment for a paltry $1, following a court ruling Tuesday.

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