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A bidding war erupted Tuesday among law firms angling to lead a $2 billion shareholder class action against AMP, with Maurice Blackburn announcing a "super deal" and Quinn Emanuel besting that with a funding arrangement to "shake up" the market.
The judge overseeing a Maurice Blackburn-led shareholder class action against Commonwealth Bank of Australia over allegedly lax anti-money laundering and anti-terrorism financing controls has struck out a portion of the statement of claim for "pleading deficiencies".
A judge overseeing a defamation case brought by billionaire Meriton founder Harry Triguboff against Fairfax Media must decide whether an article about the property company that appeared in the Australian Financial Review can be reasonably said to be about Triguboff.
SNF has filed an appeal with the Federal Court after the Australian Patent Office shot down its challenge to a mining patent application by rival BASF.
The fraud case against Australian basketball great Shane Heal has been withdrawn after prosecutors' could not get their US-based star witness to testify in time.
A Federal Court judge has given the owner of an ACT-based cleaning company one more week to comply with court orders, after being accused of dragging out a Fair Work case by the United Voice union for almost two years.
A court has sentenced the owner of Cairns-based Trek North Tours to a 12-month jail term in a landmark contempt-of-court action by the Fair Work Ombudsman.
A Sydney-based IT consultant faces multiple charges of insider trading after illegally accessing stock information from a financial publisher, the Australian Securities and Investments Commission said Monday.
The ACCC is considering a report by US-based Oracle into Google's tracking of Australian Android phone users as part of the regulator's broader inquiry into digital media.
A Victorian Supreme Court judge has recused himself from proceedings over costs in a construction dispute, after vowing to send transcripts of the case to the state's legal watchdog.