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University of Sydney slams ObjectiVision’s ‘outlandish’ damages claims
Ophthalmic diagnostic device maker ObjectiVision's amended claims for damages, filed after a 25-day patent hearing, are "outlandish" and "unfair," the University of Sydney has told the Federal Court.
$39M in settlements reached in class actions against Sandhurst Trustees
Settlements totaling $39 million have been reached in two class actions against the former trustee of failed investment groups LKM Capital and GR Finance.
5 things to watch in the GetSwift class action appeal
Three senior Federal Court judges will hear arguments Monday and Tuesday in a closely-watched appeal of a ruling that stayed two of three competing shareholder class actions against GetSwift as an abuse of process, and the impact of the Full Court's ruling will be felt for a long time to come. Here are five major issues the court will be wrestling with over the next two days.
Slater & Gordon auditor faces second class action
Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial report that failed to disclose risks and impairments the firm faced from its recent acquisition of UK firm Quindell.
BHP faces second class action as it seeks to shut down first filed
BHP Billiton is facing the possibility of a second shareholder class action over the Fundao dam failure at its mine in Brazil, but the cases may be put on hold pending the outcome of homicide charges against company employees.
Full Court blocks Plutus tax fraudsters’ bid to have insurer cover legal bill
The alleged masterminds behind the $130 million Plutus Payroll tax fraud have been barred by the Full Federal Court from using insurance to cover their $300,000 legal bill in two criminal proceedings.
Dessert maker Wicked Sister not sweet on trade mark infringement
Supermarket dessert maker Wicked Sister has brought a trade mark infringement suit against the maker of dipping sauces that this year launched a dessert it branded Wicked Waffle Dippers.
Ultra Tune’s “elaborate ruse” diverted ACCC investigation, court hears
Two 'sham letters' produced by a senior manager of national car repair franchise Ultra Tune led both the ACCC and the court 'down the garden path,' a Federal Court judge heard Thursday.
Movie giants take aim at Aussie telecos over pirate websites
A conglomerate of entertainment companies, including Roadshow Films, Columbia Pictures and Disney, have launched further court proceedings against Australia's telecommunication giants to block 151 domains accused of facilitating the piracy of copyrighted movies and TV shows.
ACCC seeks $10M penalty against Heinz over sugary snacks
The Australian Competition and Consumer Commission is reportedly seeking a $10 million fine against H.J. Heinz after a Federal Court found it made misleading claims about the health benefits of its Little Kids Shredz products.