Litigation funder LCM said Monday it had agreed to finance a $100 million class action on behalf of fishing operators and seafood suppliers who claim they lost their livelihoods after dredging at Gladstone Port in southern Queensland.
Canadian dairy giant Saputo said Monday it is considering selling a milk plant in Victoria to smooth regulatory approval of its proposed $1.3 billion deal to buy Murray Goulburn.
Teleco provider Activ8me has run afoul of the law by falsely claiming the ACCC gave its internet services the thumbs up, the consumer regulator said Monday.
Sydney’s iconic Taronga Zoo will bare its teeth in court Tuesday for the first hearing in its trade mark battle against the creators of Sydney Zoo, a wildlife reserve in Darling Harbour.
The Reject Shop has agreed to pay a penalty of $140,000 and will refund customers who purchased projectile toys that violate consumer protection laws.
Reckitt Benckiser has filed an appeal against GlaxoSmithKline, after a judge found the consumer goods giant misled consumers with claims that Nurofen was a more effective pain killer than its rival’s Panadol and ordered it to pay all of GlaxoSmithKline’s legal bill.
Long-time employees of Spotless Services who were fired after a subsidiary lost a cleaning contract with a Sunshine Coast shopping centre were owed redundancy pay, the Federal Court has found in a precedential ruling.
Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative’s trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.
The Australian Securities and Investments Commission has lodged a case in Federal Court against Rio Tinto, its former CEO and former CFO over allegedly misleading market statements it made about the reserves of a recent $4 billion acquisition, a controversy that has already landed the mining giant in hot water with regulators in the UK and US.
Australia’s consumer regulator has taken Woolworths to court, saying it made deceptive claims to consumers about the biodegradability of its ‘eco’ line of picnic products.
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