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Judge greenlights MWL derivative suit against Focus Financial
Majority shareholders in MWL Financial have won court approval to bring a derivative suit against US-based Focus Financial Partners over an acquisition gone sour.
ASIC mulls appeal of Westpac ‘personal advice’ ruling
The Australian Securities and Investments Commission has not ruled out a challenge to a ruling that two Westpac subsidiaries didn't provide personal financial advice as part of a campaign encouraging customers to roll over external superannuation accounts.
Unilever’s case over Nivea deodorant stinks, judge finds
Unilever's allegations that consumer goods competitor Beiersdorf made misleading claims about its Nivea clinical strength deodorant products don't pass the smell test, a judge has found.
MP Emma Husar can claim Buzzfeed article implied she’s a ‘slut’
Online news publisher Buzzfeed will have to defend an allegation by Labor MP Emma Husar that an article it published implied she's a "slut", despite never actually using the word to describe the politician.
Ethicon wants class closure order in pelvic mesh case
Johnson & Johnson unit Ethicon is seeking a class closure order in the pelvic mesh class action, as the company prepares to enter mediation.
Property spruiker Otton can’t use Bondi estate cash for legal bills, ACCC says
The Australian Competition and Consumer Commission wants to block former We Buy Houses director Rick Otton from using the proceeds from the sale of his $3.6 million Bondi home to help with legal costs and living expenses as he appeals a record $6 million fine for consumer law violations.
IOOF says APRA should be able to state its case after 3-year probe
A barrister for two units of embattled wealth manager IOOF and three senior company executives facing claims by APRA have criticised the regulator for filing a broad concise statement and no statement of claim after a three-year investigation.
NSW Ports pans ACCC for ‘vague’ competition case
NSW Ports has criticised the Australian Competition and Consumer Commission for expecting the company to file a defence to the regulator's allegations of anti-competitive conduct from a concise statement it panned as "vague".
GetSwift class notice delayed as law firm told to get ‘house in order’
A law firm on the losing end of a landmark ruling over competing shareholder class actions against GetSwift has argued that a proposed opt-out notice to group members should wait until after its High Court appeal. And the judge will let the firm make its argument, after hearing that the winning law firm has been, in his words, "sitting on its hands".
As trial looms, who owns ‘Love is in the Air’ copyright up in the air
The judge overseeing a lawsuit against Air France over the alleged unauthorised use of the song "Love is in the Air" will have to weigh who owns the rights to the disco hit.