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SingTel has been blocked from making $190,000 in tax deductions after the Australian Taxation Office won its Federal Court case against the Singaporean teleco over transfer pricing benefits related to the $14.2 billion acquisition of Optus.
The High Court has agreed to weigh in on whether an Australian court's recognition of a $375 million international arbitration award against the kingdom of Spain violated the sovereign immunity doctrine.
Commenting on the unprecedented nature of the case against her client -- the so-called postbox solicitor in the Banksia Securities class action -- a senior barrister has told a court of her shock at the conduct of her former colleague at the bar, Norman O'Bryan, who acted as lead counsel in the scandal-ridden litigation.
The former head of money markets at the Australian and New Zealand Banking Group has sued his former employer claiming he was sacked for making complaints about sexual harassment by senior managers at the bank and false reporting to the prudential regulator.
A Federal Court judgment has laid out when a responsible entity of a managed investment scheme will be indemnified for its operating costs and when it can recoup legal costs in defending lawsuits brought over trust property.
A judge has questioned whether the lead applicant in a class action over sleep apnea machines with alleged safety defects was “appropriately resourced” to run the case against health tech giant Philips.
The ACCC has refused to authorise a patent settlement and license agreement between Bristol-Myers Squibb unit Celgene and two generic drug makers who sued to invalidate the patents for its blockbuster cancer drug Revlimid, saying it could distort competition between generic drug makers.
While mostly prevailing in test cases over coverage for COVID-19 business interruption claims, Insurance Australia Group has asked the High Court to weigh in on what it says is a "radical" approach by an appeals court in the treatment of JobKeeper payments.
An Emirates-owned provider of in-flight catering services has taken Qantas to court claiming it's owed $72.5 million after the airline cut its services during the coronavirus pandemic.
Global law firm Ashurst has snagged a Thomson Geer partner to launch a superannuation practice offering end-to-end legal and consulting solutions for financial services clients in the $3.3 trillion sector.