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Court rejects Westpac’s $35M settlement with ASIC
The Federal Court has thrown out a proposed $35 million settlement between ASIC and Westpac over responsible lending breaches, saying the agreement was "unworkable" and left the court in an "information vacuum".
Neurim fights to amend Circadin patent amid infringement case against generics
Drug maker Neurim Pharmaceuticals is battling to amend its Australian patent for the blockbuster sleeping pill Circadin over opposition from two generic pharmaceutical companies, which have accused Neurim of attempting to gain an unfair advantage by delaying the amendment bid until now.
Funder wants major role in common fund challenge
Litigation funder Regency Funding has sought leave to intervene as a major player in one of two challenges to the courts' powers to issue common fund orders in class actions, but it might have a fight on its hands.
Crown shouldn’t keep jailed ex-employees silent, court told
An attempt by Crown Resorts to block ex-employees from talking to class action lawyers about the casino giant's thwarted business in China was contrary to the public interest, a judge heard Monday.
‘Ingenuity’ needed for software-aided biz method patent, IP Australia says
A software-implemented business method could be patentable if programmed into a computer with "some ingenuity", IP Australia told the Full Federal Court as a landmark appeal between rival tech companies Encompass and Infotrack wrapped up Friday.
AFT Pharma ordered to pull misleading Maxigesic ads
AFT Pharmaceuticals has been ordered to pull advertisements for its painkiller Maxigesic after the Federal Court ruled in favour of rival Reckitt Benckiser, finding the ads breached Australian Consumer Law.
Full Court urged to take ‘nuanced’ view of software patentability
Fintech company Encompass has asked the Full Federal Court to take a more "nuanced" approach to software patentability than the one currently held by IP Australia, on the first day of a high-stakes appeal over the patentability of computer-related inventions.
Quintis class action lawyers want to peek at insurance docs
Lawyers leading a class action against Quintis want the failed sandalwood oil producer to hand over evidence of any insurance policy that could cover the company and its founder for damages sought in the case.
ABC, Fairfax appeal in Chau Chak Wing case to have ‘massive ramifications’ for press, court hears
A barrister for the ABC and Fairfax has told the Federal Court that an appeal against the dismissal of their truth defence in the Chau Chak Wing defamation case will have "massive ramifications for mass media".
Bank of Queensland loses fight with insurer over $6M class action settlement
Bank of Queensland has lost a dispute with two insurers over coverage for a $6 million settlement of a class action brought by investors in a Ponzi scheme by jailed scammer Bradley Sherwin, with a judge shooting down the bank's argument that the class action should only be considered one claim under the policy.