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The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading trust have priority over ordinary unsecured creditors.
Maurice Blackburn reunites with air cargo lead applicant in cartel class action against banks
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The law firm running a cartel class action alleging manipulation of foreign exchange rates by five global investment banks is teaming up with the same lead applicant that represented group members in the price-fixing case against major international airlines.
Quinn Emanuel files appeal after losing AMP class action contest
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Law firm Quinn Emanuel Urquhart & Sullivan has followed through on its threat to appeal a high stakes ruling that shut down its shareholder class action against AMP, along with two competing cases, after a two-day beauty parade that saw rival firm Maurice Blackburn take the prize.
Mystery woman emerges as potential source of ‘industrial espionage’ against Motorola
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The potential source of alleged “industrial espionage” in Motorola’s case against Hytera over the intellectual property for its digital radio mobile devices has been revealed as a mystery woman with two laptops that contained a “very large number of Motorola documents”, a court has heard.
Judge scolds Mills Oakley for ‘regrettable’ arrangement with debt management company
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A judge has partly sided with a former Mills Oakley client in his challenge to a costs ruling in a saga over $25,000 in unpaid fees, saying the law firm’s arrangement with a debt management company that kept the client in the dark about the consequences of default was “regrettable”.
Ex-HWL Ebsworth lawyer admitted errors in Sydney land tender, court hears
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A court has heard a former HWL Ebsworth property lawyer admitted to errors in a due diligence report missing crucial flood risk information that is at the centre of a trial over a $28.5 million sale of Crown-owned land in Sydney.
ASIC seeks $36M penalty against AMP unit in insurance churn case
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The Australian Securities and Investments Commission has asked a court to impose penalties of up to $36 million on an AMP subsidiary for failing to take reasonable steps to stop its representatives from churning life insurance policies.
ACCC tells court there’s a ‘real chance’ TPG will resume 5G rollout
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The Australian Competition and Consumer Commission has told the court there’s “at least a real chance” TPG will resume plans to roll out a 5G mobile network after its earlier plans were thwarted by the government’s ban on the use Huawei technology, as the regulator defends its decision to block the proposed $15 billion tie-up between TPG and Vodafone.
Teva, Boehringer settle inhaler capsule patent dispute
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Israeli drug giant Teva and German drug maker Boehringer Ingelheim have settled their dispute over a patented capsule used to deliver the medicine in Boehringer’s top-selling inhaler Spiriva.
ANZ to pay nothing in interim settlement of 7-Eleven franchise class actions
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ANZ Bank will not pay a cent to franchisees in its settlement of two class actions that allege the bank breached its responsible lending obligations and engaged in unconscionable conduct by giving loans to purchasers of 7-Eleven franchises.