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ASIC has successfully defended a $10 million defamation case brought by a Canadian trader, with a judge finding any loss experienced was due to his firm’s traders manipulating the market.
Westpac responds to class action, says members benefited from ‘high’ super fees
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Two Westpac units have defended their choice to charge higher superannuation fees, saying in their responses to a Slater and Gordon class action that customers received numerous positive benefits in exchange for the charges.
Big riffin: Jay-Z sues Aussie co over play on ’99 Problems’ hook
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International hip-hop superstar Jay-Z has sued an Australian children’s book manufacturer for “flagrant, glaring and contumelious” intellectual property infringement with its ‘AB to Jay-Z’ baby books.
Westpac CEO steps down following AUSTRAC lawsuit
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Westpac CEO Brian Hartzer has stepped down after admitting he was “ultimately accountable” for failures detailed in an AUSTRAC lawsuit alleging over 23 million breaches of anti-money laundering and counter-terrorism financing laws.
‘Pride and obstinacy’: Judge says Leyonhjelm got ‘locked’ into false claim, awards Hanson-Young $120,000
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Greens Senator Sarah Hanson-Young has been awarded $120,000 in damages after suing former senator David Leyonhjelm, with a judge finding there was no justification for defamatory commments he made to the media and that he acted with malice.
Top tier law firms gave Afterpay bad advice on anti-money laundering compliance, auditor says
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Buy now, pay later giant Afterpay got bad legal advice from “top tier Australian law firms” on its anti-money laundering compliance, an auditor’s report has found.
Australia should follow US’ lead and reject Hytera’s delay defence, court hears
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Motorola has urged the Full Federal Court to uphold a decision dismissing an amended defence by Chinese rival Hytera Communications that sought to blame the US tech company for not alerting it to the alleged theft of its source code sooner, saying a similar argument had already failed in an ongoing trade secrets case in the US.
Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
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Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management firm State Street in selling the law firm a replica, a court has heard.
Ten’s report on fatal genital injection caused senior Google employee to lose job, court hears
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The head of a group of gay ‘pups’ suing for defamation over a Network Ten report investigating the death of his partner from silicone genital injections has told the Federal Court that he was “forced out” of a senior position at Google as a result of the broadcast.
Federal Court backs IP Australia’s rejection of computer-implemented invention
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The Federal Court has again sided with with the Commissioner of Patents in a challenge to a ruling that found two patents for a computer-implemented invention were not a manner of manufacture.