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Merck Sharp & Dohme, Wyeth gear up for trial over vaccine patents
Intellectual Property 2018-09-28 10:43 pm By Miklos Bolza

Preparations for a December trial between Merck Sharp & Dohme Corporation and Wyeth over four patents for the pneumococcal disease vaccine are underway, and a panel of experts will feature prominently in the high-stakes hearing over the world’s best-selling vaccine.

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Sirtex must alert class if cash dips below $80M, judge rules
Healthcare 2018-09-28 10:30 pm By Cat Fredenburgh

Shareholders in a class action against Sirtex have secured an order forcing the life sciences company to notify them of any plan that would see its $128 million in liquid assets drop below $80 million.

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Mastec wins docs in wheelie bin design copying case
Competition & Consumer Protection 2018-09-28 10:22 pm By Miklos Bolza

Mobile garbage bin manufacturer Mastec Australia can access documents from a group of city councils and waste management firms to calculate damage it suffered from rival Trident Plastics unlawful copying of its wheelie bin design.

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Westpac class action funder agrees to net commission
Class Actions 2018-09-28 4:40 pm By Cat Fredenburgh

The funder underwriting a class action against Westpac will take a 25 percent cut of the net — not gross — recovery sum to secure a judge’s approval of a common fund order in the case. 

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Delay in publishing IP judgment creates ‘unsatisfactory state of affairs’, judge says
Intellectual Property 2018-09-27 11:14 pm By Cat Fredenburgh

A Melbourne computer retailer that plans to appeal a $2.8 million fine for allegedly violating Microsoft’s Windows 7 IP has won a stay of the court’s order, with a judge finding the court’s delay in publishing reasons for judgment created an “unsatisfactory state of affairs”.

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Judge shoots down Sirtex bid for class closure order
Class Actions 2018-09-27 10:03 pm By Cat Fredenburgh

A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the next month, saying a class-closure order could dramatically cut down on the size of the class.

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AGM denied anti-suit injunction to block ASIC case
Financial Services 2018-09-27 9:41 pm By Cat Fredenburgh

A judge has shot down a request by financial services company AGM that the court halt an ASIC  proceeding seeking to revoke its financial services licence while a Federal Court case against it progresses.

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Equifax to pay $3.5M for ‘disgraceful’ conduct
Competition & Consumer Protection 2018-09-27 8:48 pm By Miklos Bolza

A judge has signed off on a $3.5 million settlement in a case brought by the consumer watchdog against Equifax Australia, with the credit reporting company admitting it made misleading claims in selling paid credit packages to vulnerable consumers.

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Telemarketer fined $285k for ignoring ‘Do Not Call’ list
Telecommunications 2018-09-27 4:56 pm By Cat Fredenburgh

A telemarketer that generates leads for other businesses has been hit with a $285,600 fine for failing to check the Do Not Call Register before picking up the phone.

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NAB hit with class action over ‘worthless’ credit card insurance
Financial Services 2018-09-27 4:08 pm By Cat Fredenburgh

Slater and Gordon has filed the first class action over “worthless” credit card insurance, alleging  National Australia Bank violated consumer protection laws when it sold the insurance to customers who were not eligible to bring a claim under the plans’ terms and conditions.

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