Digital giants Google and Facebook will be required to pay for news content under a new mandatory code being developed by the Government to create a ‘level playing field’ in the Australian media industry, which is facing a sharp decline in advertising revenue driven by the coronavirus.
Agricultural giant Bayer can’t block an Australian herbicide maker from trade marking ‘Preceed’ for its products, with a delegate from the Trade Marks Office finding the mark was not deceptively similar to Bayer’s ‘Precept’ weed killer mark.
Target Australia is facing a possible class action for allegedly failing to pay staff overtime or penalties for time that they worked, two months after revealing it underpaid staff at its retail stores $9 million.
Communications software company Cellos Software has been awarded $42 million in damages from its former CEO and director Jason Huber, who secretly bought and sold millions of company shares for personal profit.
Defunct financial adviser Dover Financial has sued three separate law firms for allegedly negligent advice over a ‘client protection policy’ that the Federal Court found was misleading, deceptive and an “exercise in Orwellian doublespeak”.
The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially sensitive documents until the law firms behind the class actions work out how their competing cases will proceed.
Grain handling group Viterra has been denied a post-hearing bid to reopen a lawsuit brought by Cargill Australia over its $420 million acquisition of Joe White, with a judge finding the application would lead to “substantial disruption and delay”.
The High Court has agreed to weigh in on a decision last year to pick Maurice Blackburn’s case as the winner of a beauty parade of shareholder class actions against AMP over the wealth manager’s controversial fees for no service.
Publication of a document outlining the Australian Stock Exchange’s reasons for suspending the shares of ISignthis would be ‘damaging’ to the fintech company and should be barred until after the trial, a court has heard.
Cruise company Australian Pacific Touring has settled a lawsuit brought against the Federal Government challenging an order forcing foreign-owned cruise ships out of Australian waters due to health concerns raised by the coronavirus.