Westpac has hit back at a bid by ASIC to add an allegation to the regulator’s insider trading case that hinges on the bank providing financial services when it traded on the morning of a $16 billion deal to privatise electricity provider Ausgrid.
Prime Minister Anthony Albanese has derided former Attorney-General Christian Porter for reportedly leading Clive Palmer’s $300 billion arbitration claim against the federal government.
Insurer Bond & Credit Company has overcome an administrator’s protests and won leave to bring cross-claims against three Greensill entities in lawsuits over the financing firm’s $1.7 billion collapse.
Leading defamation lawyer Patrick George has joined Company (Giles), reuniting with former protégé Rebekah Giles after leaving the law firm he founded 17 years ago.
Australia’s largest private health insurer Medibank has been hit with a shareholder class action in the wake of a massive cyberattack that left the data of 10 million customers exposed.
Property and hotel giant Meriton is the latest company to fall victim to a cybersecurity breach, which exposed information held by the company on almost 2,000 guests and staff.
The NSW state racing authority has won access to communications between public relations firm Cato & Clive and five other racing bodies, including Racing Victoria, as it weighs a lawsuit alleging they plotted to exclude the body from the Australian horseracing industry.
A unit of Purdue Pharma has fired off a cross-claim in Australian drug maker AUPharma’s lawsuit alleging the US drug giant was wrongly granted patent extensions for oxycodone products marketed as Targin.
Port operations provider Engage Marine is seeking to obtain copies of restricted documents in the ACCC’s case against TasPorts, as it mounts its own competition suit against the Tasmanian government-owned body.
Two class action law firms have teamed up to investigate possible legal action against Latitude Financial over a cyberattack that resulted in the theft of 14 million customer records.