Westpac has followed ASIC’s lead, launching a separate appeal to a ruling that it provided financial advice but not personal advice as part of a campaign encouraging customers to roll over external superannuation accounts.
German pharmaceutical company Boehringer has struck back at a patent lawsuit brought by Teva, filing a cross-claim alleging Teva is threatening to infringe three of its patents related to its blockbuster inhaler Spiriva with the planned launch of a competing inhaler in Australia.
The Australian Building and Construction Commission has brought a new lawsuit against the CFMMEU, alleging the union organised unlawful industrial action and verbally abused a health and safety advisor at a Queensland building site.
Google has criticised the ACCC’s proposals for stricter oversight of digital platforms, saying the regulator has not identified any problems that couldn’t be addressed with its current powers, a concern echoed by US-based competition and industry groups, which warned the proposals could harm competition.
A former managing director at global foreign exchange giant Travelex has filed a lawsuit against his former employer, seeking over $1.3 million in compensation and damages.
The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.
Auto electronics maker B8 Systems has settled a patent suit brought by rival Redarc Group and has agreed to stop selling its allegedly infringing vehicle brake controller in Australia.
Her Fashion Box has been hit with a $329,133 fine for underpaying three workers, including a graphic designer who worked as an unpaid intern for the fashion start-up for six months.
The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.
Two rulings Friday keeping alive the common fund order are a ringing endorsement by the courts of the important role that litigation funders play in class actions, experts say, and have paved the way for more funded post-Hayne consumer litigation against banks and other financial services firms this year.