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The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.
Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator's landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.
Law firms Maurice Blackburn and Phi Finney McDonald have stepped back from a proposed consolidation of their class actions against the Commonwealth Bank of Australia and want to run their own cases again, but now with "harmonised" pleadings.
The CSIRO is appealing a decision by the Commissioner of Patents that allowed chemical giant BASF to amend its application for a genetically modified organisms patent.
US company Branhaven has won leave to amend its cow genome patent after a judge dismissed opposition by industry bodies Meat & Livestock Australia and Dairy Australia as "flimsy" and "bizarre".
AMP has retained Herbert Smith Freehills -- one of its go-to law firms -- to represent it in legal proceedings by the Australian Securities and Investments Commission seeking documents from Clayton Utz as part of an ongoing investigation of the wealth manager's fees-for-no-service conduct.
The Australian Competition and Consumer Commission has lost an appeal of a ruling that dismissed its case over allegedly inadequate disclosures by private health insurer Medibank relating to member benefits.
The law firms that challenged a ruling staying their cases against GetSwift gave the Full Federal Court a chance to guide judges managing competing class actions, but they can't avoid paying their opponents' legal costs because the court happened to seize the opportunity.
A judge looked dimly Monday on a pitch by baby food maker Bellamy's to limit to $4.5 million the costs incurred by the law firms leading joint class actions against the company, saying the request was "very ambitious".
Law firm Squire Patton Boggs is taking a fight over a ruling that shut down its shareholder class action against logistics startup GetSwift to the High Court.