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Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed “step up” funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.
Polo Ralph Lauren loses opposition to polo player trade mark
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Polo Ralph Lauren has come up short in its opposition to a deregistered company’s bid to register a polo player trade mark.
CBA faces $100M class action over ‘uncompetitive’ super rates
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Commonwealth Bank and its wealth management unit Colonial First State have been hit with a class action alleging Colonial First State dumped customers’ retirement savings into uncompetitive CBA investments with returns as low as 1.25 per cent.
United can’t boot judge from final hearing in Freehills case
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Australian petrol retailer United Petroleum has lost a bid to disqualify a judge from a final hearing on costs in its unsuccessful battle against law firm Herbert Smith Freehills over a failed initial public offering.
Telstra scolded for lax priority assistance compliance
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Telstra has fallen short in complying with its priority assistance obligations to customers with life-threatening medical conditions, according to the communications regulator, which opened its investigation following the deaths of two customers who were unable to use their landlines.
QBE Insurance to pay $2.6M over collapsed steel mill
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QBE Insurance (Australia) has been ordered to pay over $2.6 million in compensation to cover losses after a series of mishaps led to the collapse of steel product manufacturer Independent Tube Mills in 2014.
US sports site tackles Aussie rival with IP suit
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A US sports news website founded by former Yankees shortstop Derek Jeter featuring content by athletes has filed a lawsuit alleging an Australian sports site has violated its IP.
Viterra must pay Cargill’s costs for ‘pointless’ High Court appeal
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Viterra has been hit with costs for persisting with a special leave application to the High Court seeking to compel Cargill to turn over emails exchanged with its lawyers at Allens during the sale of its Joe White Maltings business, even after Cargill agreed to waive privilege and produced the documents.
ANZ says prosecutors dragging feet in criminal cartel case
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The Australia and New Zealand Banking Group told the court on Tuesday that it urgently needs a statement of facts, during the first hearing in the highly anticipated criminal cartel case against three investment banks.
Port of Newcastle must cut access fee for Glencore ships, ACCC says
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The Port of Newcastle must slash its access charge for Glencore coal ships by 20 per cent, the Australian Competition and Consumer Commission has determined.