The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.
The Australian Securities and Investments Commission has brought its first-ever case concerning unfair insurance contract terms, targeting Auto & General Insurance Company’s standard form home and contents insurance agreement.
Companies linked to the wife of the disgraced Banksia Securities class action silk Norman O’Bryan have offered $1.25 million to settle proceedings seeking to recover a $21.5 million judgment for defrauded investors.
A bid to drop a class action against Philips Electronics over recalled sleep apnea machines showed a gap in access to justice that was “very hard to fill” given the high cost of bringing large scale litigation, a judge has said.
The judge overseeing a sex discrimination and harassment lawsuit by the only female partner at global technology research company Information Services Group has lashed out at the parties for proposing to call a parade of 16 witnesses and estimating the trial would take three weeks.
Mining services company Thiess has settled a class action by fly-in fly-out workers who alleged they were not paid for time spent on the bus travelling home from a Pilbara-based liquefied natural gas processing plant owned by Woodside Energy.
Baby food producer Bellamy’s has hit back at a $400,000 lawsuit by its former chief executive officer, saying she was sacked because of “poor financial performance” and not because she complained about sex discrimination.
Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.
Boutique law firm Barry Nilsson has snagged a Norton Rose Fulbright disputes partner who specialises in healthcare product liability class actions and his five-member team to join its Sydney office.
The legal industry has praised the historic appointment of Debra Mortimer as the first female Chief Justice of the Federal Court, noting her modern approach to managing cases and compassionate nature.
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