ACCC warns telco execs will feel the heat for approving false ads

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The ACCC has fired a warning shot over false advertising by telecommunications companies, saying it may bring cases against telco executives that knowingly sign off on misleading ads.

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Source code copyright fight settles before damages trial

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On the eve of a hearing into damages, rival pavement engineering companies have resolved a copyright dispute that continued important law on what constitutes infringement of computer software source code.

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ACCC says court should toss Nature’s Care case

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The consumer regulator asked a court Friday to dismiss a lawsuit brought against it by Chinese vitamin giant Nature’s Care Manufacture over Australian-made product labels, saying it had been wrongly “dragged into a controversy”.

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Hastie liquidators battle major builders over millions in unpaid bills

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Liquidators for failed engineering services company Hastie Group have a fight on their hands over tens of millions of dollars in unpaid invoices from construction companies, with major builders claiming not only that they don’t have to pay, but that the bills aren’t payable.

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Judge still not ready to sign off on Westpac’s $35M deal with ASIC

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A judge will appoint an independent barrister to examine Westpac’s recent $35 million settlement with the corporate regulator, saying it wasn’t clear if the bank had breached responsible lending laws as alleged.

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ABC, Fairfax to fight dismissal of truth defence in Chau Chak Wing defamation suit

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The ABC and Fairfax Media are appealing a ruling tossing their truth defence in a case brought by Chinese billionaire and philanthropist Dr Chau Chak Wing.

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Gamer settles Take-Two lawsuit over Grand Theft Auto copyright

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A gamer has admitted he violated the copyright for  Take-Two Interactive’s popular Grand Theft Auto video game by making unauthorised changes to the game that allowed him to manipulate the actions of other online players without their consent.

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ASIC sues ANZ over $2.5B share placement

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ASIC has filed a lawsuit against ANZ alleging it breached its continuous disclosure obligations in relation to a $2.5 billion institutional share placement, which is also at the centre of a criminal cartel case against the bank.

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Shareholders to contest Bellamy’s cost-capping bid in class actions

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A sought-after court order by organic baby food maker Bellamy’s to limit legal costs in two class actions won’t come without a fight, a barrister for the shareholders said Friday.

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