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A popular Australian designer of neoprene athleisure handbags has filed a lawsuit against another designer for making bags that allegedly copy the design of its trendy totes.
Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
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Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.
ASIC may take banks on for sluggish reporting of breaches
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ASIC said it is considering enforcement action against companies that fail to detect and report breaches of the law in a timely manner, after a damning report found the major banks take more than four-and-a-half years on average to spot a breach.
Ashurst investigation docs sought in Bechtel same-sex harassment suit
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A Bechtel worker who claims his genitals were groped by a male employee and that the construction giant discriminated against him by failing to take the same-sex harassment seriously has sought documents from an internal investigation by Ashurst into the matter.
Aussie wine label regime floated to fight copycats
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The Department of Agriculture and Water Resources has proposed a wine label directory meant to safeguard the intellectual property of Australian wine makers by making it easier to detect and bring lawsuits against copycats.
AMP admits to one bad apple in ASIC insurance rewriting case
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AMP’s financial planning unit has shot back at allegations by the corporate watchdog that a group of planners engaged in so-called life insurance rewriting, admitting only that one of its army of advisers broke the law.
Class action firm backs Labor bid for gender pay gap disclosures
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Class action law firm Maurice Blackburn has thrown its support behind a Federal Labor proposal that would force larger companies to reveal the extent of their gender pay gaps.
Rio Tinto unit can keep $86M owed to Forge Group in set-off win
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A unit of Rio Tinto has won an appeal allowing it to avoid an $86 million payment owed to failed mining services company Forge Group Power.
ACCC to review Knauf’s $US7B takeover of USG
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The ACCC is reviewing two deals that would give Germany-based construction giant Knauf a bigger share of the market for construction materials in Australia.
Vendors can’t probe claims against auction house Mossgreen
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A Federal Court judge has shot down an eleventh hour bid by unpaid vendors of collapsed auction house Mossgreen for discovery to see if they have a claim against the company, including a possible class action claim.