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Fonterra wins challenge to patent for vegan dairy product
IP Australia has rejected the patent application of animal-free dairy and protein company Perfect Day, following a challenge by New Zealand dairy giant Fonterra.
Sports presenter Erin Molan wins $150,000 defamation judgment against Daily Mail
Nine sports presenter Erin Molan has won a substantial payout from the Daily Mail over an article concerning an on-air remark she made about the pronunciation of National Rugby League Polynesian player names, despite failing to prove the story painted her as a racist.
Cornerstone liquidators can sign funding pact for $46M case against PwC
A judge has granted the liquidators of Cornerstone Investment Australia leave to sign a funding agreement for the insolvent tertiary education provider’s $56 million professional negligence claim against accounting firm PricewaterhouseCoopers.
‘No real contrition’: ASIC seeks $17.5M penalty against AMP in fees for no service case
ASIC has told a judge AMP should face a $17.5 million penalty for deducting $356,000 from customers' superannuation accounts for advice they never received, saying the wealth manager had shown "no real contrition" for its conduct.
Pitcher Partners gave bad advice on $2.5M Zap Fitness share buy-back: suit
The former owner of fitness franchise Zap Fitness has sued accounting firm Pitcher Partners, claiming it failed to properly advise on a troubled share buy-back scheme that spawned litigation the company paid $4.25 million to settle.
Mercedes-Benz to cop penalty over Takata airbag recall
Mercedes-Benz will face a penalty in ACCC proceedings alleging the luxury car maker exposed consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags.
Law firms lay down swords in Mesoblast shareholder class actions
Two law firms that filed competing class actions against regenerative medicine company Mesoblast for allegedly misleading shareholders about its Remestemcel-L treatment for COVID-19 complications have agreed to join forces and sidestep a beauty parade.
Murdoch sues Crikey for defamation over Trump ‘co-conspirator’ claim
Fox News CEO Lachlan Murdoch has brought defamation proceedings against Crikey over an article allegedly linking him to the US Capitol riot, a day after the independent news publisher challenged the media mogul scion to sue.
Forum Finance judge recuses himself after questioning director’s credibility
A Federal Court judge has recused himself from hearing a fraud trial against Forum Finance, after expressing that he had an “unfavourable” impression of director Vince Tesoriero's reliability as a witness.
‘Concerned’ judge wants answers from AMP on remediation program
A judge has raised concerns that AMP Financial Planning has not compensated customers for allegedly failing to prevent life insurance churning, directing the firm to explain the “vanishingly small” number of people who have been remediated.