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Commonwealth Bank hit with new class action over money-laundering breaches
Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government's financial intelligence agency.
Business as usual as Clayton Utz reps AMP in ASIC case
Clayton Utz, the law firm that faced scrutiny over the independence of a report it authored for AMP, is representing the wealth manager in ASIC's case over so-called insurance churning.
D’Aquino Bros served suit for ‘flagrant’ infringement of Scotch Whisky trade mark
Liquor distributor D'Aquino Bros has been taken to court again, accused for the fourth time of "flagrant" trade mark infringement for continuing to sell products under the name, Scotch Whisky.
Murray Goulburn class can’t get docs to pursue Herbert Smith Freehills
The lead applicant in a class action against Murray Goulburn has lost a bid for access to documents showing the dairy cooperative’s trust consulted with a QC about possible negligence claims against Herbert Smith Freehills.
CrownBet was ‘controlling mind’ behind Betstar cybersquatting: WIPO
The World Intellectual Property Organisation has found bookmaker CrownBet was the "controlling mind" behind the cybersquatting of four domains that allegedly violated rival Betstar's trade marks.
Ford class action trial date vacated for ‘procedural failures’
The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant's numerous "procedural failures".
Judge fears tying Federal Court’s hands in AMP class action battle
A NSW Supreme Court judge has voiced concerns in an unprecedented jurisdictional battle that a decision that leaves competing class actions against AMP still raging in separate courts may force the Federal Court into a corner.
Funder attacks Westpac’s ‘dangerous’ intentions in class action
Litigation funder JustKapital went on the attack in court on Wednesday, saying Westpac's objections to the terms of a proposed funding order in a class action against the bank were dangerously suspect.
Carlisle Homes loses injunction bid in copyright case
A judge had denied home builder Carlisle Homes' bid for a temporary injunction in a case alleging rival home builder Resimax violated its copyright for residential homes designs, instead ordering that the case move swiftly to trial.
AirNZ hit with $15M fine for cartel conduct
International airline Air New Zealand has been hit with a $15 million penalty for participating in a global air cargo cartel to fix the price of fuel, insurance and security surcharges.