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ASIC appeals loss in conflicted remuneration case against CBA
The Australian Securities and Investments Commission has filed an appeal after a judge dismissed its case alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of its Essential Super product, finding it was “misconceived”.
CBA defeats ‘misconceived’ ASIC conflicted remuneration case
The Australian Securities and Investments Commission has suffered a defeat in proceedings alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of its Essential Super product, with a judge finding the regulator "ignored the circumstances" in which the product was distributed.
Judge takes ‘wait and see’ approach to trial in Epic cases against Apple, Google
A judge has held off selecting from a "basket of imponderables" in determining how he will hear two competition lawsuits by Epic Games against Apple and Google over the removal of the popular multiplayer game Fortnite from the tech giants' online stores.
Epic Games resists bid to delay Apple trial while Google catches up
Epic Games has argued in favour of steaming ahead with a trial in its competition case against Apple while its parallel case against Google remains in the embryonic stage, but the tech giants say Google's litigation should catch up in the hopes that the court can hear a joint trial or hold contemporaneous hearings.
Qantas ordered to pay Perth Airport $9.5M in terminal fee dispute
Qantas has been ordered to pay $9.5 million in unpaid fees after the Western Australia Supreme Court resolved a dispute over the "fair and reasonable" amount owed for terminal services provided for the airline's domestic and international flights.
ASIC drops most claims against Rio Tinto over $5.8B acquisition
The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled $5.8 billion acquisition of a Mozambique coal mining business and abandoned all claims against the mining giant's former CEO and CFO.
Google can’t shut down Epic Games’ misuse of market power case
Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.
Port of Newcastle can charge Glencore higher access fees, High Court rules
The Port of Newcastle has largely won its High Court fight with mining giant Glencore over access fees and will now be able to set a higher price for use of the port's facilities.
High Court shuns Apple’s last shot at shipping Epic Games dispute to US
Apple has reached the end of the line in its attempts to move a competition dispute with Fortnite game maker Epic Games to California, with the High Court denying the tech company's special leave application to appeal a judgment that found there were "strong reasons" for keeping the matter in Australia.
Google says its bid to stay Epic Games lawsuit not the same as Apple’s
Google has urged a court to stay a competition lawsuit brought by Epic Games, saying new evidence showed the Fortnite game maker would not be disadvantaged if the case was heard in California, as the Full Court found it would in a similar challenge by Apple.