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ASIC to seek harsher penalties against banks, execs
ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seek harsher civil and criminal sanctions against banks, their executives and others that breach the corporate and financial services law.
Motorola slams Hytera for ‘unprofessional’ 11th-hour affidavits in long-running IP suit
Motorola has accused rival Hytera Communications of a "deliberate strategy" of filing late affidavits to throw Motorola off in an already highly contentious patent and copyright case over digital radio devices.
Maurice Blackburn faces trade mark infringement suit over Fearless Girl replica
US financial services giant State Street Global Advisers has brought legal action against Maurice Blackburn Lawyers, alleging the law firm's plan to erect a copy of its Fearless Girl statue in Australia violates its trade mark and breaches consumer laws.
First class action filed over combustible cladding
A product liability class action has been filed against the manufacturers of Alucobond PE cladding, the first of what's expected to be several lawsuits over the combustible cladding, believed to be in the majority of buildings in Australia.
Right of entry ID cards would crack down on ‘militant’ union officials, O’Dwyer says
The Federal Government is proposing changes to right of entry rules that would require permits to be issued in photo ID format, in a bid to curb abuse by "militant" union officials.
Michaelia Cash denies referring union donation to watchdog to hurt Bill Shorten
Liberal Senator Michaelia Cash has denied she referred concerns about a $100,000 donation by the Australian Workers' Union to the union watchdog to damage Labor leader Bill Shorten, telling a court Friday her referral was "in the public interest".
Parts used in Holden upgrades don’t infringe GM’s designs, court says
GM Holden has lost most of its case for design infringement against a company that imported and distributed spare car parts used to "up-spec" lower range Holden models, in the court's first test of the Designs Act's repair defence.
Judge orders recalculation of ‘excessive’ $5.8M bill by liquidators of SK Foods unit
A $5.8 million bill for four years' work by the liquidators of SK Foods unit Cedenco has been criticised by a judge as "outside the band of reasonable remuneration" and will have to be recalculated.
Halted questioning about ASIC emails warrants Octaviar class action re-trial, court hears
Critical emails from ASIC regarding a $250 million loan facility to Octaviar Group before its 2008 collapse were not only overlooked by the Public Trustee of Queensland in its role overseeing the firm's finances but were wrongly deemed irrelevant by the judge that heard the case, the Full Federal Court was told.
Who reads law firm websites? Judge skeptical of online class action notice
A judge overseeing a class action against the NSW government over a contractor who sold injured workers' information to Bannister Law has questioned the effectiveness of placing ads for group members on law firm websites, saying she didn't think it would "draw the matter to anyone's attention".