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ACCC warns telco execs will feel the heat for approving false ads
The ACCC has fired a warning shot over false advertising by telecommunications companies, saying it may bring cases against telco executives that knowingly sign off on misleading ads.
ACCC says court should toss Nature’s Care case
The consumer regulator asked a court Friday to dismiss a lawsuit brought against it by Chinese vitamin giant Nature's Care Manufacture over Australian-made product labels, saying it had been wrongly "dragged into a controversy".
Hastie liquidators battle major builders over millions in unpaid bills
Liquidators for failed engineering services company Hastie Group have a fight on their hands over tens of millions of dollars in unpaid invoices from construction companies, with major builders claiming not only that they don't have to pay, but that the bills aren't payable.
Judge still not ready to sign off on Westpac’s $35M deal with ASIC
A judge will appoint an independent barrister to examine Westpac's recent $35 million settlement with the corporate regulator, saying it wasn't clear if the bank had breached responsible lending laws as alleged.
ABC, Fairfax to fight dismissal of truth defence in Chau Chak Wing defamation suit
The ABC and Fairfax Media are appealing a ruling tossing their truth defence in a case brought by Chinese billionaire and philanthropist Dr Chau Chak Wing.
Gamer settles Take-Two lawsuit over Grand Theft Auto copyright
A gamer has admitted he violated the copyright for  Take-Two Interactive's popular Grand Theft Auto video game by making unauthorised changes to the game that allowed him to manipulate the actions of other online players without their consent.
AFP brings foreign bribery charges
A Sydney executive of a company specialising in trading rock phosphate has been charged with conspiring to bribe foreign officials in Nauru.
ASIC sues ANZ over $2.5B share placement
ASIC has filed a lawsuit against ANZ alleging it breached its continuous disclosure obligations in relation to a $2.5 billion institutional share placement, which is also at the centre of a criminal cartel case against the bank.
Shareholders to contest Bellamy’s cost-capping bid in class actions
A sought-after court order by organic baby food maker Bellamy's to limit legal costs in two class actions won't come without a fight, a barrister for the shareholders said Friday.
QRxPharma defendants can access class members’ broker details
The defendants in a shareholder class action over QRxPharma's alleged failure to disclose problems with regulatory approval for its painkiller Moxduo have won access to information on class members' financial brokers.