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ASIC blasted for ‘vague’ case against Tennis Australia duo
Corporate 2018-11-30 3:19 pm By Christine Caulfield

A court has told the Australian Securities and Investments Commission to produce more detailed allegations against former Tennis Australia directors Harold Mitchell and Stephen Healy over Seven Network’s five-year deal for the broadcast rights to the Australian Open after the regulator was slammed for a vague filing.

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Sandoz infringed expired Lexapro patent, judge rules
Intellectual Property 2018-11-29 1:48 pm By Christine Caulfield

Generic drug maker Sandoz has been found liable for patent infringement and misleading and deceptive conduct in a case by pharmaceutical giant Lundbeck over its blockbuster antidepressant Lexapro, ending a battle that has raged for 15 years.

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Art collectors won’t get their day in court against failed auction house Mossgreen
Restructuring & Insolvency 2018-11-28 3:22 pm By Cat Fredenburgh

The judge overseeing the complex liquidation of failed auction house Mossgreen has denied leave to proceed to vendors who received nothing from the sale of their art collections.

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Trivago admits it breached consumer law with hotel rankings
Competition & Consumer Protection 2018-11-28 1:01 pm By Cat Fredenburgh

Hotel booking aggregator Trivago has admitted it may have misled consumers into believing they would find the lowest hotel rate on an initial search of its site and that it had breached the Australian Consumer Law.

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Funders’ cut won’t exceed 25% in Spotless class action
Class Actions 2018-11-27 3:45 pm By Christine Caulfield

The two funders paying for a shareholder class action against facility services company Spotless Group want 25 percent of any net settlement or judgment in the case, a rate that mirrors the commission approved in a common fund order now at the centre of a constitutional challenge.

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Quinn’s fees, funder’s cut slashed in Bank of Queensland class action settlement
Class Actions 2018-11-26 10:47 pm By Cat Fredenburgh

A judge has taken a hatchet to Quinn Emanuel’s fees and the funder’s cut in a $12 million settlement of a class action against Bank of Queensland, a settlement which he previously described as one of the “worst” he’d ever seen.

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Mark Latham faces $100,000 bill after settling defamation case
Defamation 2018-11-26 9:35 pm By Christine Caulfield

Former MP Mark Latham has agreed to settle a defamation case brought against him by the political editor of pop culture site Junkee, and he could be on the hook for a $100,000 payout.

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Judge OKs cut to $30M Palm Island class action settlement for financial advice
Class Actions 2018-11-26 4:01 pm By Christine Caulfield

A judge has signed off on an application to set aside a portion of a $30 million settlement in a class action over the 2004 Palm Island riots for financial counselling for registered group members, saying the court had the power to make the landmark order.

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Leyonhjelm keeps up parliamentary privilege fight in Sarah Hanson-Young case
Defamation 2018-11-26 10:19 am By Christine Caulfield

Liberal Democrat senator David Leyonhjelm has made good on his threat to challenge a ruling that kept alive a defamation lawsuit brought by Greens senator Sarah Hanson-Young after he accused her of labelling all men rapists on the sidelines of a Senate debate.

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Ex-Aussie Home Loans CEO wins halt to $1M judgment for private equity firm
Financial Services 2018-11-23 11:30 pm By Cat Fredenburgh

Former Aussie Home Loan boss Stephen Porges has secured a temporary stay of a ruling that found he owed Adcock Private Equity more than $1 million for duping the firm into buying his worthless shares in a digital commerce startup.

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