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Generic drug maker Mayne Pharma has resolved a shareholder class action centred on disclosures connected to price-fixing claims by US regulators.
Telstra, Optus won’t renew exclusivity deals with Google amid ACCC investigation
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The ACCC has accepted undertakings from Telstra and Optus not to renew agreements requiring them to pre-install Google apps on Android devices as part of its competition probe into Google.
ANZ cops sanction for charging fees to dead customers
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ANZ has been hit with a sanction by the Banking Code Compliance Committee for failing to stop or refund fees charged to deceased estates after customer deaths, with the bank to pay over $3.2 million to impacted estates.
In Wollemi appeal, Tesla CEO Robyn Denholm must prove it’s not just personal
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Tesla CEO Robyn Denholm has lodged an appeal that must convince the Federal Court that her family office’s use of the ‘Wollemi’ trade mark was not just private and personal, but use in trade or commerce that benefitted third parties, not just the family.
Bonza creditors vote to wind up failed airline
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Bonza creditors voted Tuesday to wind up the budget airline after its administrators at Hall Chadwick ran an “extensive sales campaign” but received no offers to purchase the collapsed airline.
Backlash from barristers as Chief Justice backs KO of KC in South Australia
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Senior South Australian barristers have called on the state’s top judge to retract public statements reportedly made in support of moves by the Attorney-General to abolish the King’s Counsel title, but the judge has told the indignant members of the Bar his comments were taken out of context.
Nine to pay $3M to settle class action over Palm Island coverage
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Nine will pay $3 million to settle a class action over its coverage of litigation related to the 2004 Palm Island riots, it has been revealed, after the class action failed to suppress the settlement sum.
Kraken crypto exchange operator denies it offered credit facility
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The Australian provider of the Kraken crypto exchange has told a court that its margin trading product is not a credit facility, rejecting the corporate regulator’s “overly broad” definition of the word ‘credit’.
Westpac settles suppressed case by former exec, wants court docket to stay top secret
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Despite arguing for suppression as a means only to successful mediation, Westpac now wants a settled employment case brought by an executive kept under lock and key. And in a worrying sign the Federal Court may have lost sight of the importance of open justice, a judge has indicated she would entertain an order that the suit never see the light of day.
Racial discrimination class action against NT Government to be dropped
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The lead applicants are seeking to drop a class action against the Northern Territory government over its alleged failure to properly fund essential health services and interpreting services in remote Indigenous communities.