Most Recent
Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Ashurst 2022-09-05 11:32 pm By Cindy Cameronne Sydney
Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.
Bangkok Broadcasting settles ‘7’ trade mark stoush with Seven Network
Ed Heerey 2022-09-05 9:55 pm By Cat Fredenburgh
Bangkok Broadcasting and Seven Networks have settled two lawsuits over the Thai broadcaster's registration of '7' marks in Australia.
Full Court upholds class action waiver in Ruby Princess case
Amy Reid 2022-09-02 9:42 am By Cindy Cameronne Sydney
The Full Federal Court has thrown out a decision that found foreign passengers could join a class action against cruise operator Carnival PLC over the 2020 COVID-19 outbreak aboard the Ruby Princess, finding a class action waiver was not unfair.
Litigation funding regulations to be rolled back by Albanese government
Business of Law 2022-09-02 11:04 pm By Cat Fredenburgh
The Albanese government has introduced legislation that would roll back the requirement that litigation funders hold an AFSL and register their class actions as managed investment schemes, saying the Morrison government era-regulations were not fit for purpose.
Class action funder must indemnify Virgin despite ‘nonsensical’ agreement
Aviation 2022-09-02 10:14 pm By Cindy Cameronne Sydney
A judge has ruled that a litigation funder for an investor class action against Virgin must give the airline an indemnity to bring proceedings despite finding a deed of company arrangement requiring the pay-out “didn’t make sense”.
Mercedes-Benz hit with $12.5M penalty for downplaying Takata airbag recall
ACCC 2022-09-02 12:22 pm By Cat Fredenburgh
Mercedes-Benz has been hit with $12.5 million in penalties for failing to use attention capturing, high impact language when communicating with customers about a compulsory recall of potentially deadly Takata airbags.
Class action filed over police use of capsicum spray on IMARC protestors
Class Actions 2022-09-02 12:32 pm By Christine Caulfield
A class action has been filed targeting Victoria Police's use of capsicum spray and excessive force against protestors at the International Mining and Resources Conference in Melbourne three years ago.
Latitude Finance fined $1.55M for spam violations
Financial Services 2022-09-02 1:47 pm By Cat Fredenburgh
Latitude Finance has been hit with a $1.55 million penalty by the Australian Communications and Media Authority for breaching the Spam Act on more than 3 million occasions.
iSignthis auditor Grant Thornton hit with criminal charges
Accounting 2022-09-01 11:23 pm By Sam Matthews
Grant Thornton and former director Bradley Taylor appeared in court Thursday, facing charges of failing to ensure the 2018 audit of fintech firm iSignthis was conducted in accordance with auditing standards.
Perth Airport accuses Airservices Australia of PFAS contamination
Aviation 2022-09-01 9:18 pm By Cindy Cameronne Sydney
The operator of Perth Airport has sued government-owned Airservices Australia for allegedly contaminating the airport’s groundwater, which flows into the Swan River, through the use of toxic firefighting foam.