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Optus hit with $25k criminal fine over lax political donation disclosures
Telecom giant Optus has been hit with a $25,000 criminal fine after pleading guilty to four charges of failing to disclose political donations in its development applications.
Judge calls for joint expert report in ASIC’s insurance churn case against AMP
An argument over the admissibility of an expert report produced by the Australian Securities and Investments Commission in its insurance churn case against AMP was sidestepped Monday, with a judge proposing experts from both sides instead file a joint report in the case.
Clayton Utz to represent La Trobe University in law school head’s suit over suspension
La Trobe University has retained big six law firm Clayton Utz to represent it in legal action brought by the head of its law school after he was suspended over complaints of bullying by two other professors, who have asked the court for suppression orders in the case.
ATO wins appeal over share sale by Cayman Islands-based private equity funds
An appeals court has sided with the tax office in a dispute against two corporate limited partnerships formed in the Cayman Islands, finding that ATO tax assessments issued for the sale of shares in global mining company Talison Lithium were valid and correct.
McDonald’s strikes back in trade mark dispute with famed Melbourne pub
McDonald's is seeking the cancellation of trade marks held by famed Melbourne pub The Corner Hotel, which sued the fast food giant last year for allegedly violating its "Corner" trade marks with a experimental hipster cafe in Sydney.
Ethicon pelvic mesh class wants expanded group definition, again
A class action against Johnson & Johnson unit Ethicon over allegedly faulty pelvic mesh implants is once more vying for an expanded group definition ahead of settlement talks as the clock ticks down to judgment.
Education Department got bad advice from Clayton Utz, court told
Clayton Utz's advice to the Department of Education that it could supply details to the ACCC about documents seized in an Australian Federal Police raid of Phoenix Institute of Australia's offices was incorrect, the collapsed educational company told the court as it flagged a possible application to shut down the consumer watchdog's case.
Termite Resources directors must pay $7M for keeping insufficient cash on hand
A judge has ordered directors of collapsed mining company Termite Resources to pay $7 million in damages after finding they breached their duty by distributing more than $46 million to its parent company and failing to maintain a cash reserve of at least $10 million.
Sandoz wins stay of $26.3M Lexapro judgment
Generic pharmaceutical firm Sandoz has won a temporary stay of a $26.3 million judgment in a patent case as it awaits a decision by the Commissioner of Patents regarding a licence to make a cheaper version of the bestselling antidepressant Lexapro.
Deloitte contributed to Dick Smith’s downfall, class actions now claim
Deloitte Touche Tohmatsu is facing claims by the lead applicants in two class actions against failed retail giant Dick Smith alleging its poor accounting practices contributed to the retailer's collapse.