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A judge has signed off on a settlement in a class action by investors in failed advisory firm Linchpin Capital, with insurer AIG paying $12.15 million and forfeiting its right to appeal a liability finding.
‘Sharp practice’: Judge chides Atanaskovic Hartnell for garnishee order in fee fight with client
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A judge has said Sydney firm Atanskovic Hartnell’s garnishee order was “entirely unacceptable” in a long-running fee fight with its former client, a company owned by media mogul Bruce Gordon.
Alcoa wins transfer pricing dispute with Tax Office
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Alcoa has won a transfer pricing dispute with the Tax Office, with a tribunal rejecting the ATO’s novel argument that Alcoa was not dealing at arm’s length in selling alumina to a distributor that bribed Bahraini government officials.
Amgen wants Sandoz to give up info on regulatory approval for generic Prolia, Xgeva
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Biopharmaceutical company Amgen has lodged proceedings against generic maker Sandoz, calling for documents related to regulatory approval of a generic version of its top-selling bone disease treatments.
ACCC appoints anti-scam czar as new CEO
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Sarah Proudfoot has been appointed as the CEO of the Australian Competition and Consumer Commission after leading the commission’s National Anti-Scam Centre.
Witness in Ben Roberts-Smith case threatened to sue Nine, journalist
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A witness in the Ben Roberts-Smith case threatened to sue Nine and journalist Nick McKenzie, the Full Court has learned, as the former soldier seeks to reopen his appeal following the release of a secret recording of a conversation between McKenzie and the witness.
Ex-Spotlight producer says Seven’s comments caused ‘serious harm’
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Former Spotlight producer Taylor Auerbach, who is suing his former employer over its statements that he was disciplined for his dealings with Bruce Lehrmann, claims the comments cost him his job at Sky News.
ACCC opens inquiry into Lactalis’ bid for Fonterra assets
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The competition regulator has opened an informal review into whether competition issues would arise should French dairy company Lactalis make a play for the assets of New Zealand dairy cooperative Fonterra which are up for sale.
Lander & Rogers settles suit by wheelchair-bound practice group manager
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Lander & Rogers has settled a lawsuit by a former practice group manager alleging the firm engaged in a dodgy invoicing scheme and took adverse action against him after he began using a wheelchair.
Vehicle Management Systems wins extension to renew patents after forgetting to pay fees
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A company that manufactures vehicle sensing technology used to monitor public parking has been allowed more time to renew its patents, despite opposition from rival SARB.