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A full bench of the Federal Court has dismissed an appeal by drug giant GlaxoSmithKline in a patent infringement case it brought over planned generic versions of its sustained-release Panadol.
A two-day hearing has been scheduled in the Westpac life insurance class action over a proposed funding arrangement that would give litigation backer JustKapital 30 per cent of any recovery, in addition to costs outlaid by lawyers for the class.
AMP says it will "vigorously defend" two class actions by shareholders in the wake of scandalous revelations at the Royal Commission that led to a $2 billion market cap drop.
The Federal Government's $26 million cut to ASIC's budget has been blasted by experts and the opposition for undermining the corporate regulator, already facing the heat of the Banking Royal Commission.
The Federal Government has promised $44.6 million over the next four years to establish a National Consumer Data Right that will enable consumers and small businesses to better protect their online data.
Law firm Quinn Emanuel has filed the first shareholder class action against AMP ahead of the beleaguered company's annual general meeting on Thursday.
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.
Commonwealth Bank has agreed to pay $25 million to settle claims by the securities regulator that it manipulated the bank bill swap rate.
Facing shareholder wrath in the wake of the Royal Commission's damning revelations, AMP's three female non-executive directors stepped down on Tuesday.
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.