An independent expert panel who will determine a ‘Best in Show’ shortlist of super funds would take over from unions and employers in controlling Australia’s default superannuation system as part of a major overhaul of the $2.7 trillion industry recommended Thursday.
A judge has rejected an application by auto electronics maker Redarc Group for an injunction in a case against rival B8 Systems over an innovation patent for its flagship vehicle brake controller, despite its strong case of infringement.
Generic drug maker Sandoz is challenging a ruling that it infringed a patent behind Lundbeck’s blockbuster antidepressant Lexapro, reviving a 15-year fight over the lucrative intellectual property.
A judge has dispensed with the opt out notice requirement in two class actions filed in administration proceedings related to the spectacular collapse of HIH Insurance.
A judge who signed off on a contested $36.5 million settlement to resolve a $1 billion class action against Slater & Gordon has explained his reasons a year later, saying the “unusual” deal flowed from the law firm’s “dire financial situation”.
US-based chemical and materials technology company Cytec Industries has successfully opposed an application by chemical company Nalco for an Australian patent for preventing sediment buildup on mining equipment.
The former CEO of Radio Rentals, James Marshall, has been dragged into a consumer class action alleging he knew the home goods rental company pushed misleading leases onto vulnerable consumers.
A judge overseeing former Liberal politician Dennis Jensen’s defamation case against News Corp has denied him access to the identity of anonymous sources who leaked information to the publisher, including erotic passages from his unpublished novel, which led to him being dumped from the party.
The corporate watchdog has released proposed reforms to fees and costs disclosure requirements for superannuation and managed investment schemes, and the rules would require disclosures that “simplify” how information is presented to consumers.
JP Morgan, the reported whistleblower behind a criminal cartel case against ANZ, Deutsche Bank and Citigroup over a $2.5 billion share placement, has won its bid to keep documents from a related ASIC probe confidential.
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