Please login to bookmark Close
Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for “intemperate” remarks its founder made in the media about the legal system.
Piper Alderman’s default win quashed in fee row with Care A2 director
Please login to bookmark Close
Piper Alderman has been pulled back into a costs dispute after a judge found the director of dairy company Care A2 had an arguable defence and set aside a default judgment for the law firm.
Mayne, Cosette row to be decided on merits after panel resets merger clock
Please login to bookmark Close
The Takeovers Panel has agreed to hear Mayne Pharma’s latest dispute with Cosette over the US drug maker’s attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.
Sydney developer sues Fairfax for defamation over arson story
Please login to bookmark Close
The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks.
Westpac pays back $50M to 47,000 underpaid staff
Please login to bookmark Close
Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period.
ASIC appeals conflicted remuneration case against Freedom execs
Please login to bookmark Close
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
Lander & Rogers appoints new competition partner from HSFK
Please login to bookmark Close
Lander & Rogers has recruited a competition law expert from Herbert Smith Freehills Kramer for its corporate team ahead of the new merger review regime.
ASIC wants $85M in fines against Harvey Norman, Latitude, says GC apology ‘performative’
Please login to bookmark Close
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
CBUS trustee agrees to pay $23.5M in ASIC death benefits case
Please login to bookmark Close
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator’s case over excessive delays in processing $20 million in death and disability claims.
Court approves $8.7M settlement in Exactech class action
Please login to bookmark Close
A judge has approved a “modest” $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.