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WorkPac wants $84M casual worker class action thrown out
Labour hire company WorkPac has asked the court to dismiss an $84 million class action brought on behalf of thousands of casual mine workers alleging they were misclassified and denied annual leave and other entitlements.
Cotton On sued by hip hop-inspired Melbourne kebab restaurant
A Melbourne-based restaurant and food truck operator selling "game-changing kebabs" has sued popular retailer Cotton On for allegedly infringing the copyright for the "Biggie Smalls" crown logo under which it markets its services.
Hanwha hits third solar company with patent lawsuit
Leading solar panel manufacturer Hanwha Q CELLS has filed a lawsuit against Norway-based solar energy company REC Solar for allegedly infringing its patented solar technology, less than two weeks after filing similar cases against China-based competitors JinkoSolar and LONGi Solar.
Westpac slams Maurice Blackburn for racing to file home loans class action
Banking giant Westpac has criticised Maurice Blackburn for rushing to file the first class action in the wake of the banking royal commission's scathing final report, saying the self-appointed leading class action firm should know how to properly commence proceedings.
Fairfax wants to use DOJ docs to bolster defence in Chau Chau Wing defamation case
Fairfax Media will seek to use documents provided by the US Department of Justice to amend its defence in a defamation case brought by wealthy Chinese-Australian businessman Chau Chak Wing over articles that appeared in the Sydney Morning Herald linking him to an international bribery scandal.
Trader wants over $10M in damages in ASIC defamation case
Trader Daniel Schlaepfer and his firm Select Vantage are seeking over $10 million in damages from the Australian Securities and Investments Commission in a defamation action against the corporate regulator, a court heard Thursday on the fourth day of trial in the case.
ACCC won’t block $285M merger to create IP law giant
The Australian Competition and Consumer Commission will not oppose the merger of two companies that own some of Australia's largest intellectual property boutiques.
Commonwealth Bank told investors Sigma credit rating withdrawal a ‘technical’ issue
The Commonwealth Bank of Australia, facing cross-claims by credit ratings agency Fitch in a class action alleging it gave false or misleading double A and triple A ratings to synthetic CDOs backed by Sigma Financial, told investors Fitch's withdrawal of Sigma's credit rating prior to the collapse of the $27 billion investment fund was a "technical" issue, the bank has admitted.
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.
Receivers can pay priority claims of employees directly, judge rules
Receivers, not just liquidators, can distribute assets to satisfy priority claims of an insolvent company's employees, a judge has ruled, settling a question of law under the Corporations Act.