Education superannuation fund NGS Super has filed a trade mark lawsuit against Australian blockchain mining company NGS Crypto, claiming it failed to comply with a promise to rebrand and continues to profit at the fund’s expense.
In a boost to shareholder class actions, the High Court has dismissed an application by engineering services firm Worley to appeal a finding that companies should disclose to the market forecasts that ought reasonably to have been held.
A judge has rejected Lachlan Murdoch’s claim that the media has been ‘sold a pup’ with a new public interest defence that Crikey’s publisher has deployed in the Fox News CEO’s defamation suit over an article about the January 6 attack on the US Capital.
A judge has rejected Crown Resort’s bid to appoint a contradictor to fight a group costs order being sought in a shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.
Companies will face penalties of up to $50 million for serious privacy law breaches under legislation to be introduced the Attorney-General following data breaches by Optus, Medibank and Woolworths unit MyDeal.
A judge has raised concerns about a bid by the rail workers union for a judicial “green light” to deactivate ticket readers as part of a protracted industrial action in Sydney, saying the court should not be used as an “adviser”.
The Australian Competition and Consumer Commission is currently “not satisfied” that the public benefits from allowing Virgin and Alliance to continue to cooperate in markets for fly-in fly-out customers will outweigh its competition concerns.
The Australian Communications and Media Authority has found that Seven and Nine breached industry rules by showing gambling ads during their coverage of the Olympics and the NRL grand final last year.
A trial set to start next week in a class action over Sydney’s $3 billion delayed light rail could be pushed off until next year as the parties clash over an eleventh hour bid by the applicant to amend the case.
AMP Capital Investors has won a property spat with insurance broker Willis Australia, which a judge found was not entitled to withdraw a notice to take a lease of office space at Angel Place on Pitt Street in Sydney’s CBD.
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