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The litigation funder underwriting a shareholder class action against BHP Billiton over the company's Brazilian mine disaster is a corporation created by two major US plaintiffs' firms with the sole purpose of backing the Australian case.
The Federal Court has dismissed an application by tax lawyer Michael Binetter and his wife Suzanne Binetter to dip into over $3 million in frozen assets to fund a case over an alleged $120 million international tax evasion scheme.
Macquarie Bank has been hit with a third lawsuit by financial advisers alleging the bank broke the law by paying them solely in commissions, this one by a dozen Brisbane-based advisers seeking more than $3.25 million in regular wages.
Boutique law firm Kalus Kenny Intelex has escaped contempt of court charges sought by the corporate watchdog alleging it breached orders freezing the assets of clients allegedly involved in a binary options scam.
Google has been fined a record $6.8 billion by the European Union's antitrust watchdog for imposing restrictions on its Android operating system to maintain its search engine dominance.
An invention that simply puts "a business method or scheme into a computer" is not patentable, the Commissioner of Patents told a court Wednesday on the first day of a highly anticipated trial over a rejected software patent application by marketing tech startup Rokt.
Gaming giant Aristocrat Technologies is seeking damages in the "high tens of millions of dollars" from rival Konami Australia, after the poker machine developer was found liable for patent infringement.
Cosmetics company Lush Australia will pay back $2 million to thousands of workers after discovering an error in its payroll system dating back to 2010.
A three-day hearing starts Wednesday in a challenge by marketing technology startup Rokt to an IP Australia decision that rejected its patent application, a closely-watched case that could move the dial on the patentability of software.
In what is believed to be an unprecedented move, logistics tech startup GetSwift has named law firm Squire Patton Boggs as a "concurrent wrongdoer" in the company's defence of a shareholder class action.