The Australian Securities and and Investments Commission has won a $57.5 million judgment against two units of National Australia Bank for making misleading representations to superannuation customers regarding $100 million in fees charged for services they never received, far short of the $125 million sought by the corporate regulator.
Hungry Jack’s has released a new television ad poking fun at McDonald’s lawsuit alleging its new ‘Big Jack’ burger violates the US fast food giant’s intellectual property for its classic ‘Big Mac’, referred to in the ad as “some American burger”.
Herbert Smith Freehills will ask lawyers to spend just 60 per cent of their time in the office once they are free to return, a change to the firm’s agile working policy that acknowledges the upside of remote working in the COVID-19 era, co-head of global disputes Anna Sutherland told Lawyerly.
Media outlets facing liability for allegedly defamatory remarks left under news articles they posted on Facebook are taking their case to the High Court, after a court of appeal found the companies were publishers of the third-party comments.
Clive Palmer has brought another lawsuit trying to stifle funding for a class action filed by villa owners at the deserted Palmer Coolum Resort on the Sunshine Coast.
A former Maple Brown Abbott analyst has been sentenced to three years after pleading guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed video company Big Un.
A court has granted Adani Mining an interim injunction preventing an environmental activist from using confidential information obtained through covert infiltration campaigns aimed at opposing the controversial Carmichael coal mine.
The applicants in a shareholder class action against Dreamworld owner Ardent Leisure over a 2016 tragedy in which four people died following a ride malfunction have lost their request for the company’s insurance documents, with a judge rejecting suggestions that the theme park operator lacks assets to pay the estimated $310 million in claims.
A judge has slammed the pleadings in a $1 billion class action against Facebook and Google over cryptocurrency ad bans as “vague and general” and refused to let the matter progress until a better case is brought.
The country’s underpayments scandal has claimed two more victims — international technology company IBM and Western Australian electricity provider Western Power, with the companies agreeing to back pay employees more than $20 million combined and saying “significant” additional back payments were still to come.
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