A trial is set to kick off at the end of July in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees’ mismanagement of debenture issuer Provident Capital.
IMF Bentham is considering funding a privacy class action against Facebook for allowing political research firm Cambridge Analytica to harvest information from the Facebook accounts of over 311,000 Australians.
The plaintiffs in a shareholder class action against Commonwealth Bank have taken another stab at their statement of claim, after a judge struck down the part of their pleading alleging the bank’s systems for assessing money laundering and terrorism financing risk were deficient.
The ACCC has filed a lawsuit against Click Energy for allegedly misleading consumers about possible discounts on their energy bills.
Investors in the failed Gold Coast finance group Octaviar are challenging a decision throwing out their class action, which alleged the Public Trustee of Queensland deserved some of the blame for their massive losses.
The judge overseeing the lawsuit between Kraft and Bega over peanut butter trade dress rights has denied a request by non-party Mondelez to implement a restrictive regime to protect its trade secrets in certain transaction documents it has produced in the case.
IP Australia has revoked four innovation gaming patents held by Aristocrat Technologies related to the use of configurable symbols in a game, saying the inventions didn’t amount to anything other than games and game rules.
The judge overseeing a class action against dam operators Seqwater and Sunwater and the state of Queensland over the 2011 Queensland floods has thrown out part of an engineer’s risk assessment report on the dams submitted by Seqwater, as the marathon trial nears the end of its sixth month.
Google has lost a bid for a patent for a mobile payment system, with an examiner for IP Australia calling the proposed patent a business rather than technical innovation.
The Corner Hotel in Melbourne is suing McDonald’s, claiming a new hipster cafe that serves as a testing lab for the fast food giant violates its trade mark.