Racing NSW has accused its Victorian counterpart of planning an anti-competitive agreement with five other states to exclude it from the thoroughbred racing industry, as it seeks documents to bring potential claims.
Two ex-directors of Chinese construction and engineering firm BCEG who were found to have defrauded the company have succeeded in clawing back a portion of their costs of a partially successful appeal which reduced the amount owing to their former employee by around $12.5 million.
A Melbourne investor who posted in an online forum that a pump and dump scheme was all part of the “fun and games and cat and mouse of the stock market” has been sentenced to two and half years imprisonment for market manipulation.
One Nation senator Pauline Hanson has been taken to court by Greens deputy leader Dr Mehreen Faruqi over a social media post Faruqi claims was insulting and humiliating.
Wealth management firm Ord Minnett has paid an $888,000 penalty for twice breaching market integrity rules in executing a share buy-back with “pre-arranged” trades.
Insurer Atradius has lost its bid to bring a $1.5 billion (US$1 billion) case against four KordaMentha liquidators and 60 financiers of the Arrium group alleging they failed to act under a duty of utmost good faith when agreeing on how to divvy up sale proceeds for several entities.
Virgin Australia has won its opposition to rival Regional Express’ bid to trade mark ‘Economy X’, with an IP Australia delegate finding Virgin had an earlier claim to ownership of an identical mark.
Scottish football team Rangers says it was entitled to nix an agreement to play matches in Sydney last year, in its defence to a $3 million suit brought by Australian sports promoters TEG Live and Left Field Live.
Private health insurer Medibank has hit back at a class action over a data breach that affected close to 10 million customers, describing the claims as “hopeless.”
Discount pharmacy Priceline has finally won its bid to trade mark its signature pink colour, a year after its application was rebuffed by IP Australia.