Norton Rose Fulbright

Consumer goods giant Clorox has agreed to a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.

Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.

Commercial property firm DTZ Worldwide has lost its bid for $243 million in damages related to its acquisition of United Group from UGL Limited over United's alleged failure to disclose that a key contract was “loss-making”. 

A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain's witnesses.

The government of India has overturned a finding that it couldn’t dodge a $111.3 million arbitral award in a dispute with three Mauritian companies, with an appeals court finding it did not waive foreign state immunity in the case.  

Pinsent Masons has hired two special counsel to boost its corporate and planning and environment practice areas.

ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company's financial position.

An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.