A cane farmer in his 80’s suffering from Alzheimer’s disease will get $6.6 million back that he invested in a failed technology venture, after a judge found the private equity company that arranged the investment exploited the man’s disability.
US lingerie company Victoria’s Secret has brought a lawsuit over the sale of knockoff products that mimic the get-up of its trade marked body care products, ahead of the much-anticipated launch of its first store in Australia.
The consumer watchdog has filed enforcement action against grain supplier Seednet, alleging the company misled farmers about the quality of its newest barley variety.
Unlockd says its close to finalising litigation funding to pursue its competition case against Google, but the September trial date has been pushed back as the search engine demands a show of proof that the failed startup can pay up if the case goes Google’s way.
ACCC chair Rod Sims has warned the regulator is ready to take on any anti-competitive behaviour it uncovers during a phase-two merger review.
Ophthalmic diagnostic device maker ObjectiVision’s amended claims for damages, filed after a 25-day patent hearing, are “outlandish” and “unfair,” the University of Sydney has told the Federal Court.
Settlements totaling $39 million have been reached in two class actions against the former trustee of failed investment groups LKM Capital and GR Finance.
Three senior Federal Court judges will hear arguments Monday and Tuesday in a closely-watched appeal of a ruling that stayed two of three competing shareholder class actions against GetSwift as an abuse of process, and the impact of the Full Court’s ruling will be felt for a long time to come. Here are five major issues the court will be wrestling with over the next two days.
Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial report that failed to disclose risks and impairments the firm faced from its recent acquisition of UK firm Quindell.
A judge has dismissed a bid by PriceWaterhouseCoopers to have one of two law firms bow out of a joint class action against the accounting giant after a lead applicant died.
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