An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.
Cruise operator Scenic Tours has made a bid to dramatically narrow the scope of a second class action brought over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.
The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.
Hyundai and Kia are facing “massive compensation claims” by hundreds of thousands of car owners over allegedly defective anti-lock braking systems said to render some of the manufacturers’ most popular models potential fire hazards.
The applicant who lost a class action against animal health giant Zoetis over alleged side effects resulting from its Hendra virus horse vaccine has filed an appeal, arguing the judge should have found the vaccine was not of acceptable quality.
Retail giant Harvey Norman and consumer credit provider Latitude Finance have hit back at ASIC claims that they ran misleading ads for interest-free finance, saying reasonable consumers would have known additional conditions were laid out in the ads’ fine print.
A unit of beverage giant Bickford’s has taken Spanish-Australian chef Miguel Maestre to court for allegedly infringing its trade mark by selling beer under the ‘El Toro Loco’ brand.
Retail Food Group has agreed to a settlement worth $10 million in ACCC proceedings alleging the franchise giant misled purchasers of loss-making stores about the viability of its stores.
Epic Games is facing a class action investigation for allegedly failing to warn parents about the addictive nature of its popular battle royale game Fortnite.
A judge has granted the Pokemon Company’s request for a temporary injunction restraining an Australian business from developing an augmented reality game featuring its popular Pokemon characters and selling related NFTs.