Blue Sky Alternative Investments could be facing a class action after a report by a U.S. hedge fund that found the Australian fund manager had exaggerated its assets under management and the performance of its investments, while also collecting excessive management fees.
Reckitt Benckiser Australia has lost a bid for an interim ban on a commercial by rival Procter & Gamble that claims Fairy Platinum dishwashing detergent is better than RBA’s Finish Quantum detergent, with a judge ruling the scientific evidence backs up the claim.
Domino’s Pizza has dropped its pursuit of a new enterprise bargaining agreement and will leave employees on the fast food industry award, the company said Monday.
The High Court of Australia has rejected an appeal by the Port of Newcastle to overturn a decision that declared the shipping channel at the port and gave the Australian Competition and Consumer Commission regulatory power to settle access disputes.
DibbsBarker is closing its doors after signing a deal that will see 17 partners and support staff move to Dentons, the world’s largest firm.
The ACCC has accused an Aboriginal art and souvenir supplier of sourcing its products from Indonesia but falsely claiming they were made or hand painted in Australia by Indigenous people.
Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller’s defense in the consumer regulator’s case.
Whether Google is liable as a publisher for defamatory content that pops up in search engine results is the question before the High Court on Tuesday, and the answer could drastically alter the way large Internet companies do business.
Telstra and Vodafone have reached a mid-trial deal to end an infringement case alleging use of GPS technology by the telcos to track customer phones violates a 1994 patent.
As trial enters its second week in a landmark case against S&P Global, a judge has signed off on a settlement of a separate class action against the U.S. credit ratings agency over its alleged role in the global financial crisis.