Litigation funders should not be regulated by ASIC but by the courts, the corporate watchdog has told the Australian Law Reform Commission in response to proposals to overhaul the class action regime and subject funders to licensing requirements.
Animal drug giant Merial is pushing on with its opposition to rival Intervet’s bid to a patent a non-drug resistant injectable formula for treating animal parasites, filing an appeal in the Federal Court after it came up short in its challenge before IP Australia.
McDonald’s must hand over financial records for its Corner Cafe as the trade mark battle launched by Melbourne’s Corner Hotel heads to mediation.
The Australian Consumer and Competition Commission has said it will permit a $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies after accepting a court-enforceable undertaking.
Geoffrey Rush’s legal team plans to question his King Lear co-star over a break-up with her partner, arguing the actress at the centre of a defamation case might have been distressed by the relationship split, not by any allegedly inappropriate behaviour by the Oscar-winning actor.
A subsidiary of building materials giant Boral was fined $30,000 Wednesday after threatening to sack its entire workforce for voting down proposed changes to an enterprise agreement to comply with the building watchdog’s code.
Broadcaster Alan Jones and two radio stations have been ordered to pay $3.75 million for defaming a prominent Queensland family by blaming them for the deaths of 12 people in the 2011 Grantham floods.
A judge has granted Cargill Australia’s request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial over the $420 million sale of Viterra’s Joe White business to Cargill in 2013.
Law firm Slater and Gordon will launch a series of class actions alleging the big banks and wealth managers ripped off more than $1 billion from members of their superannuation funds.
Accounting giant Deloitte is digging in for a fight over a court order to produce documents to a shareholder class over the firm’s auditing of collapsed engineering company Hastie Group, saying partners forced to hand over the files don’t have access to them.
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