A solicitor caught up in a lawsuit over alleged share trading losses has lost his bid to have misleading and deceptive conduct claims brought against him dropped.
The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent.
Telecom giant Optus has been ordered to pay a $1.5 million penalty for misleading customers about the transition to the National Broadband Network.
A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.
The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.
The Transport Workers Union has lost its bid for a stay of a court order that it pay a $270,000 penalty for allegedly keeping almost 21,000 lapsed members on its register and failing to keep copies of records.
Australia’s corporate regulator has brought fraud charges against the former director of failed internet company Freenet, alleging he took money from the company and used false invoices to conceal the theft.
A judge has upheld a court referee’s dismissal of construction subcontractor Brighton Australia’s claim that global contractor Multiplex violated the Australian Consumer Law by making misrepresentations in a subcontract for construction work on the NAB flagship office building in the Melbourne’s Docklands neighborhood.
An IOOF shareholder mulling a class action against the financial services company over reports that it failed to inform ASIC about allegations of insider trading and front running by its employees has won court approval for preliminary discovery.
Viterra has failed in its third bid to access communications between Cargill Australia and its lawyers related to Cargill’s $420 million purchase of malt producer Joe White Maltings from Viterra in 2013.