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Japan-based global shipper K-Line has pled guilty to its role in a criminal cartel, the second company to admit guilt in Australia in the case.
High Court urged to make Amaca pay for lost super, age pension
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There is nothing novel about a dying mesothelioma sufferer seeking damages for the loss of 17 years’ of superannuation and the age pension, the High Court has been told ahead of an expedited hearing on the question of whether the benefits count as compensable loss of earnings in tort cases.
Blue Sky calls on ASIC to investigate hedge fund
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Blue Sky Alternative Investments has asked Australia’s corporate watchdog to investigate US hedge fund Glaucus for market manipulation, after a scathing report by the fund last week sent Blue Sky’s stock into a tailspin and raised the prospect of a shareholder lawsuit.
ACCC OKs $1.3B Saputo, Murray Goulburn merger
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The Australian Competition and Consumer Commission gave the go-ahead Wednesday to the $1.3 billion merger of dairy giant Saputo with Australian milk co-op Murray Goulburn, after Saputo agreed to divest the Koroit dairy plant in Victoria.
Judge orders Hytera to produce US docs in Motorola patent case
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A judge overseeing Motorola Solutions’ patent infringement suit against Hytera Communications has ordered the Chinese company to hand over documents in evidence in the companies’ U.S. litigation ahead of producing documents held in China.
Flight Centre fined $12.5M for attempted price-fixing
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Flight Centre has been ordered to pay $12.5 million in penalties for making multiple attempts to enter into price-fixing arrangements with three international airlines.
Judge slams class action fee assessors
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A Federal Court judge has questioned the independence of for-hire fee assessors in class actions, calling their opinions on legal costs “next to useless”.
Judge rules for Chamberlain in patent case over garage door remotes
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A judge has fined two companies for selling garage-door remote controls that infringe three Australian patents owned by U.S.-based The Chamberlain Group.
CFMEU appeals fine over walkout protesting shorts policy
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The Construction, Forestry Energy and Mining Union has appealed a penalty handed down last month over a walkout organized in protest of a policy requiring workers to wear long-sleeved shirts and trousers.
ASIC charges ex-childcare firm head over failed takeover
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The former head of childcare provider G8 Education has been slapped with multiple criminal charges for her role in an abandoned takeover bid for rival childcare company Affinity Education.