Clayton Utz

A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.

Crypto firm Binance deprived hundreds of customers of consumer protections by misclassifying them as wholesale clients and allowing them to buy risky derivatives, ASIC says.

ASIC has launched legal proceedings against HSBC, alleging the bank did not have appropriate controls to protect customers from scammers.

A judge has refused a bid to expand the group membership in an underpayments class action against discount retailer The Reject Shop, saying it was based on a misconceived premise. 

Medical device maker Bayer has successfully defended a class action over its Essure contraceptive, with a judge finding the evidence fell short of proving the device caused chronic inflammation.

Proposed new regulations would give the ACCC a boost in targeting anti-competitive conduct by digital platforms, but a “big gap” remains in its powers, an expert told Lawyerly.

An appeals court has found Transport for NSW was not empowered to compulsorily acquire land for the ‘public purpose’ of the Western Sydney Airport. 

The federal government spent more than $600 million on private law firms in 2022-23, and Clayton Utz was the firm the government turned to the most.

Law firm Gerard Malouf & Partners will move for a solicitors' common fund order in a class action against Philips Electronics, which will give it an effective contingency fee in the event of a win or settlement.

Swiss pharmaceutical giant Novartis has lost its patent infringement case against Sydney-based generics company Pharmacor over a top-selling heart medication.