The Australian Securities and Investments Commission wants documents from Westpac Banking Corp. detailing how it disciplined rogue traders, including Colin ‘the Rat’ Roden, at the centre of a scandal to influence the benchmark Bank Bill Swap Rate.
Toy giant Mattel is fighting back against claims that its Mecard toys violate Canadian toy company Spin Master’s patent for a toy transformation mechanism, claiming transformable toys are nothing new and that Spin Masters’ patent is invalid.
The lead applicant in a class action against Murray Goulburn has lost a bid for access to documents showing the dairy cooperative’s trust consulted with a QC about possible negligence claims against Herbert Smith Freehills.
Online bookrunner Crownbet has been sued by rival Sportsbet over its attempt to trade mark and operate under the “Sportingbet” name.
The Federal Court has approved Commonwealth Bank’s $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate.
A judge has dismissed a bid by former Murray Goulburn boss Gary Helou to push off mediation in an action brought by the ACCC, ruling that the ex-executive’s trip to China was no reason to delay possible resolution of the case.
Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.
The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent.
A decision on the fate of three class actions against logistics software company GetSwift is set for Wednesday, and counsel behind the competing cases aren’t the only lawyers waiting with baited breath.
A full bench of the Federal Court has dismissed an appeal by drug giant GlaxoSmithKline in a patent infringement case it brought over planned generic versions of its sustained-release Panadol.