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Nine settles defamation suit by plastic surgeon over fatal nose job article
Defamation 2019-05-20 1:34 pm By Cat Fredenburgh

Nine Entertainment Company has resolved a defamation lawsuit brought by a prominent Sydney cosmetic surgeon over an article that appeared in the Sydney Morning Herald about the death of a criminal figure during a nose job procedure.

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GSK narrowly defeats ACCC’s case over revised Osteo Gel packaging
Competition & Consumer Protection 2019-05-17 11:44 pm By Cat Fredenburgh

GlaxoSmithKline has defeated claims by the ACCC that revised packaging for its now-discontinued pain killer Osteo Gel misled consumers. The drug maker will face penalties for earlier violations it admitted to, but the court hinted the damages will be nowhere near the $6 million competitor Reckitt Benckiser faced in a similar case.

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BASF sues to stamp out alleged infringement of termite control patent
Intellectual Property 2019-05-17 2:41 pm By Cat Fredenburgh

Chemicals giant BASF has dragged an Australian pest control company to court for allegedly violating its patent for an underground termite control system.

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ACCC issues mea culpa after TPG, Vodafone merger gaffe
Competition & Consumer Protection 2019-05-16 10:44 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has apologised for botching the announcement of its plan to block the $15 billion merger of TPG and Vodafone, blaming a computer glitch for the error.

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Class actions still loom as ASIC drops probe into Blue Sky
Class Actions 2019-05-15 9:28 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its probe into Blue Sky over possible violations of its continuous disclosure obligations, but the fund manager still faces three active shareholder class action investigations.

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ASIC wants Merlin Diamonds wound up over $13M in unauthorised loans
Restructuring & Insolvency 2019-05-14 10:25 pm By Cat Fredenburgh

The Australian Securities and Investments Commission wants ASX-listed diamond mining company Merlin Diamonds wound up, expressing concerns about the company’s solvency and over $13 million in loans made to companies associated with Merlin’s director, Joseph Gutnick, without shareholder approval.

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Viva Energy can’t block arbitration in oil tanker dispute, judge says
Arbitration 2019-05-14 3:18 pm By Cat Fredenburgh

A judge has sent a dispute between oil giant Viva Energy and a Panama-based oil transporter over petroleum allegedly contaminated during transport into arbitration.

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Trial in Fitch Ratings class action delayed a second time
Class Actions 2019-05-13 10:43 pm By Cat Fredenburgh

A battle over expert evidence in an invester class action against Fitch Ratings has delayed this month’s scheduled trial in the case by three months and forced the court to send the parties’ experts into conclaves.

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Paltar Petroleum to be wound up after judge finds ‘too much uncertainty’ in DOCA
Restructuring & Insolvency 2019-05-10 10:47 pm By Cat Fredenburgh

Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing “too much uncertainty”.

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Aussie boot maker ordered to pay $450,000 for infringing Deckers’ UGG trade mark
Intellectual Property 2019-05-10 10:29 pm By Cat Fredenburgh

A Chicago jury has ordered an Australian maker of ugg boots to pay US-based footwear company Deckers Outdoor US$450,000 ($643,000) in damages for infringing the company’s trade mark.

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