Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding in the company, arguing the sell order was made for an improper purpose amid a “contested takeover battle” between the companies.
A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban.
Google is nearing “monopoly levels” with its exploitation of the Android brand to prevent other app stores from competing with its Play Store, the maker of the Fortnite video game has said in a landmark competition trial.
The maker of Tasmanian pinot noir label New Certan breached the consumer laws in bottling its product in a way that resembled the packaging of a fancy French drop, but the premium wine producer failed to prove any loss, a court has ruled.
On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.
Apple has made exceptional profits skimming a 30 per cent commission from sales on its app store, dubbed by the tech giant’s CEO an “economic miracle”, Epic Games has said on the first day of trial in a landmark competition case.
A judge has chided the Transport Workers Union for announcing at the start of trial that it intends to seek lost union dues from Qantas, as a hearing kicked off over the amount of compensation the airline owes to ground crew, whose jobs were illegally outsourced at the peak of the COVID-19 pandemic.
A settlement of up to $1.325 million in an employment class action against labour hire firm Hays Specialist Recruitment has been approved, but a proposal by the applicant’s law firm to increase a promised limit on costs in order to resolve a row with a funder has drawn a judge’s ire.
Victorian Liberal Party leader John Pesutto is facing the threat of two more defamation suits by organisers of last year’s anti-trans ‘Let Women Speak’ rally, which was crashed by neo-Nazis.
Blue Sky’s founder and former managing director Mark Sowerby has won orders requiring a director of US hedge fund Glaucus to produce documents relating to claims the short-seller shared information with market participants before releasing a report which sent Blue Sky’s shares into a tailspin.