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Digital infrastructure company Goodman Group is partnering with US data centre operator DataBank to build a 32MW hub in Los Angeles.
Latest MWL Financial adviser DQ’d for steering investors to Shield
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A Melbourne adviser is the latest person linked to MWL Financial to be banned for spruiking Keystone Asset Management’s failed Shield fund to clients.
Uber slammed for booting driver who touched groin during trip
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The Fair Work Commission has criticised Uber for failing to explain the nature of a complaint against a driver, who touched his groin during a trip, before deactivating his account on the rideshare app.
Managing downstream class action risk during a regulatory investigation
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Decisions made during a regulatory investigation can have significant consequences for the trajectory of any future class action, and a coordinated, holistic approach can narrow the scope of potential downstream exposure, say Corrs Chambers partners Chris Pagent and Abigail Gill and special counsel James Emmerig.
Chemist Warehouse must bargain with SA workers after failed appeal
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The Fair Work Commission has rejected Chemist Warehouse’s appeal of orders requiring it to negotiate a multi-employer agreement with its South Australian workforce under new bargaining laws.
In Mastercard case, judge says suppression bids ‘spiralling out of control’
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A judge has said he will not be able to decide all the suppression applications in the ACCC’s misuse of market power case against Mastercard ahead of trial, saying the court was facing an “unreasonable, if not oppressive” burden.
Kmart hit with underpayments class action
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Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.
AstraZeneca probes Pharmacor’s delayed defence in Forxiga patent fight
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Pharmacor is resisting AstraZeneca’s notice to produce in an intellectual property fight over diabetes drug Forxiga, claiming privilege over material evidencing its consideration of a new claim challenging the validity of a patent extension.
ASX ‘lacks aspiration’ to oversee critical markets infrastructure, ASIC says
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The corporate regulator has delivered a scathing report on exchange operator ASX, finding it has significantly under-invested in technology in favour of delivering short-term dividends to shareholders.
RAMS franchisee doesn’t want to be ‘swept into’ class action trial
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A former RAMS franchisee has raised concerns about a joint trial of its case with a related class action against the defunct Westpac home loan subsidiary, saying the overlap between the cases may be “much less than advertised”.