A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were “very significant”.
A judge on Tuesday penalised Google $55 million for anti-competitive deals requiring Telstra and Optus to pre-install its search engine on Android devices, but has questioned why action wasn’t taken against the telcos.
Sydney Trains has reached an in-principle agreement to settle a class action by operations staff alleging a “systemic pattern” of underpayments and overwork.
Veteran of the NSW bar Edward Muston SC has been sworn in as the newest judge of the state’s Supreme Court, but before he was prosecuting high stakes environmental law cases, his plan was to be a jackaroo.
A class action against Homes Victoria overs its decision to demolish public housing towers in Melbourne without consulting residents has appealed a judge’s decision tossing the case.
A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
A court has dismissed by consent a case launched by a group of Banksia Securities investors against the law firm that acted for the funder of a scandal-ridden class action.
Special purpose liquidators have been appointed to failed clothing retailer Mosaic Brands, after a judge found a reasonable apprehension of bias arising from liquidator Vaughan Strawbridge’s former link to Deloitte.
Car dealership software firm Pentana has accused competitor Titan of a “calculated, sustained and brazen” invasion of its rights, and argues cross-claims of misuse of market power are a distraction.
The Full Federal Court has upheld a decision revoking Otsuka Pharmaceuticals’ patent extension for an injectable version of antipsychotic drug Abilify, finding the patent expired last year.