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Katy Perry wins bid to split up trial in battle over name rights
Pop star Katy Perry has won her bid to split up the trial in high-stakes litigation with a Sydney-based fashion designer over who owns the rights to the 'Katy Perry' name in Australia.
Aussie designer did not object to Katy Perry’s use of her trade mark, court told
Popstar Katy Perry has rejected claims of trade mark infringment by Sydney-based fashion designer Katie Perry, saying the designer "encouraged or acquiesced to" the singer's use of her name on branded clothing sold in Australia.
US class action targets Westpac execs over AUSTRAC scandal
Westpac is facing its first shareholder class action in the US following revelations that it violated anti-money laundering and counter-terrorism finance laws on more than 23 million occasions, in the first lawsuit to point the finger at the company's executives.
Judge fines Volkswagen $125M after slamming ‘manifestly inadequate’ ACCC settlement
A Federal Court judge has slapped Volkswagen with a record $125 million penalty over its emissions cheating scandal after expressing outrage at a “manifestly inadequate” $75 million settlement agreement reached with the Australian Competition and Consumer Commission.
Westpac hit with first class action over AUSTRAC scandal
Westpac is facing a class action on behalf shareholders in three countries over its alleged anti-money laundering and counter-terrorism financing breaches and disclosures.
APRA begins probe of Westpac over ‘substantial gaps in risk governance’
The Australian Prudential Regulation Authority has flagged potentially "substantial gaps in risk governance" by Westpac as it formally kicked off an investigation into the bank and its executives for potential breaches of the Banking Act.
Suncorp unit can force reversal of Coverforce acquisition, court says
The head of Australia's largest unlisted insurance broker, Coverforce, may face a future damages claim for misleading or deceptive conduct if a recent acquisition of former Suncorp unit Resilium is not reversed, a court has found.
AUSTRAC case against Westpac speeds towards penalty hearing
AUSTRAC's lawsuit against Westpac over 23 million alleged breaches of money laundering and counter-terrorism laws is racing towards a possible February penalty hearing, with the bank largely in agreement with the regulator on its liability.
Judge joins two Lendlease class actions, wants one law firm to bow out
A judge has consolidated competing shareholder class actions against builder Lendlease brought by rival plaintiffs law firms, but has rejected the firms' bid to jointly run the litigation and says one of them must go.
Judge ‘outraged’ by terms of ACCC’s $75M dieselgate settlement with VW
A judge is considering whether he can increase a record $75 million civil penalty settlement reached by Volkswagen and the ACCC over the dieselgate scandal, after saying the people of Australia would be “upset” if they knew about some of the “outrageous” terms to which the consumer watchdog had agreed.