A judge weighing a dispute between ASIC and the Commonwealth Bank over whether notice of a $7 million penalty should be sent out through the bank’s Commbank app has questioned the usefulness of adverse publicity notices and whether they should be ditched for higher pecuniary penalties in the future.
Streetwear retailer Culture Kings has resolved a lawsuit brought by former world boxing champion Mike Tyson alleging the company misled consumers by using his image on its T-shirts.
Brick by brick, the claim that funded class actions are the primary driver of rising directors’ liability insurance premiums is being dismantled. Even more precarious is the claim that the Commonwealth government’s continuous disclosure reforms are the answer and will result in enormous savings for Australian business, says Omni Bridgeway managing director and CEO Andrew Saker.
IP Australia has refused to register a patent acquired by Elanco Australasia from Bayer covering a lice treatment, after amendments failed to address findings that the patent lacked an inventive step.
A friend of Christian Porter’s accuser has lodged complaints with the NSW legal watchdog against silk Sue Chrysanthou and Porter’s solicitor, Rebekah Giles, for their conduct in representing the former Attorney-General in his defamation case against the ABC.
Regional Express is weighing court action against Qantas, alleging Australia’s biggest airline engaged in anti-competitive behaviour in the form of capacity dumping and predatory practices.
The Australian Securities and Investments Commission has secured declarations in its case against a Sargon Capital subsidiary, which partnered with a superfund promoter accused of misleading customers in marketing calls.
Forum Group director Bill Papas intends to return to Australia to face $400 million fraud allegations but doesn’t have the funds for a flight home, his lawyer told the Federal Court Wednesday.
A green activist who filed a group proceeding alleging the government failed to disclose the impacts of climate change to investors in sovereign bonds does not have a common interest with group members and should have her lawsuit declassed, a court has heard.
Confidential portions of the ABC’s defence in the former Attorney-General Christian Porter’s defamation case can be disclosed to the South Australian State Coroner as part of his investigation into the circumstances surrounding the death of Porter’s alleged rape victim.
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