Discount supermarket chain Aldi offered $150,000 to end a lawsuit brought by the maker of the popular MoroccanOil line of hair products, a court judgment revealed Tuesday.
Ophthalmic diagnostic device manufacturer ObjectiVision has made its final pitch to the Federal Court at the end of trial in a long-running intellectual property and contract dispute with the University of Sydney, saying in closing submissions that the school had run a “curious” case.
Aussie swimwear company Seafolly Pty Ltd and global logistics company Seko have agreed to settle their dispute over a shipping agreement that went south.
The two directors of biodegradable coffee pod startup iCapsulate have been ordered into mediation to try to resolve a feud over whether to liquidate the company, a year after it was offered $2.5 million by an investor on reality TV show Shark Tank.
Microsoft has won a $2.8 million judgment against a Melbourne computer retailer for violating the intellectual property for its Windows 7 software.
Woolworths has denied discriminating against a long-serving female manager in one of its Queensland stores and has called on a court to dismiss the worker’s case.
Westpac will pay $35 million to settle a case brought by ASIC alleging the bank breached responsible lending laws through its automated home loan system, the largest civil penalty ever awarded under the National Credit Act.
The judge overseeing lawsuits by the ACCC as well as multiple class actions against Volkswagen AG over the Dieselgate scandal has ordered the car maker to provide the names of executives who were responsible for the development of the emissions cheating software.
A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.
Macquarie Group has defended its remuneration package for financial advisers in its private wealth unit, denying claims it paid them entirely in commissions and unlawfully withheld regular wages.