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‘We can make a really strong case’: ANZ hopeful of ACCC approval for $4.9B Suncorp buy
ANZ is optimistic its proposed $4.9 billion acquisition of insurer Suncorp's banking unit will be cleared by the competition regulator, and is counting on the public benefits of the merger to win approval.
BMW’s finance arm secures order against Forum Group for red Ferrari
The finance arm of luxury car maker BMW has been given the greenlight to repossess a red 2019 Ferrari 488 Pista Coupe purchased by alleged fraudster Bill Papas' defunct Forum Group.
Booktopia agrees on penalty in ACCC case over ‘misleading’ refund policy
Booktopia has resolved a case by the consumer regulator alleging the online book retailer's policy that required customers to request a refund within two business days of purchase was misleading.
Sleeping Virgin flight attendant’s dismissal harsh and unfair, FWC says
A long-serving Virgin Australia flight attendant who was found sleeping on the job was unfairly sacked given the length of her employment with the airline, the Fair Work Commission has found.
Bayer wants to amend Xarelto patent at centre of Sandoz’s invalidity claim
German pharmaceutical giant Bayer, which is facing a legal bid by generic drug maker Sandoz to invalidate patents covering blood clot drug Xarelto, is seeking to amend one of the patents in dispute.
ACCC blesses Aurizon, One Rail merger with sale of east coast assets
The Australian Competition and Consumer Commission has given the OK to Aurizon's proposed $2.3 billion acquisition of rail haulage company One Rail, after accepting a court-enforceable undertaking from Aurizon to sell One Rail’s east coast business.
Boston Scientific to pay $105M in class action over pelvic mesh devices
US medical device maker Boston Scientific has agreed to pay $105 million to settle a class action on behalf of Australian women implanted with one or more of the company's pelvic mesh or sling products.
Judge asked by appeals court to explain damages in trade secrets spat
An appeals court has returned a case to a judge it said did not give sufficient reasons for awarding damages in a case brought by flooring company Evagroup against a sales manager who left to launch a competing business.
Clayton Utz snags technology law ace from Ashurst
Clayton Utz has picked up a new partner specialising in digital transformation from Ashurst to join the firm’s public sector practice in Canberra.
Sacked Orix boss can’t get quick win in case for $1M in unpaid leave
The former CEO of fleet manager Orix Australia, who escaped charges of corruption three years ago, will have to take his claims for $1 million in unpaid leave to a hearing after losing a pre-trial bid for judgment.