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Travelex faces $1.3M lawsuit by former managing director
A former managing director at global foreign exchange giant Travelex has filed a lawsuit against his former employer, seeking over $1.3 million in compensation and damages.
ACCC probes $231M sale of Origin Energy’s Ironbark project to APLNG
The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy's Ironbark gas project in Queensland to Australia Pacific LNG.
Auto electronics maker Redarc puts brakes on patent infringement case against B8
Auto electronics maker B8 Systems has settled a patent suit brought by rival Redarc Group and has agreed to stop selling its allegedly infringing vehicle brake controller in Australia.
ABC settles Michelle Guthrie’s unfair dismissal case
The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.
KPMG lures top-flight laterals for growing law team
KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial services regulation, technology and telecom transactions, and government offerings.
Common fund rulings a boon for class action litigation funders, experts say
Two rulings Friday keeping alive the common fund order are a ringing endorsement by the courts of the important role that litigation funders play in class actions, experts say, and have paved the way for more funded post-Hayne consumer litigation against banks and other financial services firms this year.
Judges have the power to issue common fund orders, appeals courts rule
Common fund orders in class actions are legal and not unconstitutional, six judges found Friday after a history-making joint sitting of two appeals courts.
TPG, Vodafone drag feet on ACCC’s information request
The Australian Competition and Consumer Commission has suspended its timeline for announcing whether it will bless the proposed $15 billion merger of telco giants TPG and Vodafone Hutchison Australia, saying the parties have still not complied with its requests for information.
GetSwift weighs bid to toss law firm from ASIC action
GetSwift has warned it may seek an injunction blocking Johnson Winter & Slattery from acting as instructing lawyers to the corporate cop in its enforcement action against the logistics company, saying the firm provided advisory work for it last year.
Court slams judge for ‘regrettable’ $2.8M award in Microsoft IP case
A judge's decision imposing damages of over $2.8 million on a Melbourne computer retailer facing an intellectual property lawsuit by Microsoft has been slammed as "regrettable" and a judicial "failure," in a judgment overturning the ruling.