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Judge frowns on ‘moronic approach’ to group member sign-up in Takata class actions
Class Actions 2019-09-05 9:59 pm By Miklos Bolza

The judge overseeing a group of class actions against car manufacturers over faulty Takata airbags has questioned a simplified group registration and opt out process proposed by the law firm leading the cases, saying it would “invite a moronic approach” to sign up.

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Corner Hotel settles IP dispute with McDonald’s over hipster cafe
Intellectual Property 2019-09-04 1:40 pm By Cat Fredenburgh

A settlement has been reached in an intellectual property lawsuit brought by famed Melbourne pub The Corner Hotel against McDonald’s alleging the fast food chain’s experimental hipster cafe in Sydney violates its “Corner” trade marks.

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Jardine Lloyd Thompson hit with second class action over excessive premiums
Insurance 2019-09-03 9:13 pm By Christine Caulfield

Insurance broker Jardine Lloyd Thompson is facing a second class action on behalf of local councils claiming it charged inflated premiums.

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Top-tier firm must pay $500K to billionaire for negligence over ‘critical omission’
Legal Ethics 2019-08-30 6:21 pm By Amelia Birnie

A top-tier Australian law firm has been ordered to pay more than half a million dollars in damages for professional negligence, after its billionaire client alleged losses of almost $US37 million following a “critical omission” in legal advice.

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Norwegian shipping company to plead guilty to criminal cartel charge
Competition & Consumer Protection 2019-08-29 11:10 am By Miklos Bolza

One month after Japanese shipping company K-Line was hit with a $34.5 million fine for cartel conduct, Norwegian shipping firm Wallenius Wilhelmsen Ocean AS has said it will plead guilty to one charge of criminal cartel conduct for its role in the same scheme.

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Activist short seller Bonitas to face ‘unprecedented’ legal action
Securities 2019-08-28 5:10 pm By Amelia Birnie

Agricultural fund manager Rural Funds Group has briefed a top-tier law firm to bring “unprecedented” legal action against US company Bonitas Research, after the activist short seller accused the group of fraud and sent its share price plummeting.

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Norwegian shipping company hit with criminal cartel charge
Competition & Consumer Protection 2019-08-23 9:20 pm By Christine Caulfield

Norway-based shipping company Wallenius Wilhelmsen Ocean AS has become the third international shipper to be charged with price fixing in Australia, just three weeks after Japan’s K-Line was hit with a record $34.5 million fine over the same alleged cartel.

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Ariosa appeals loss to Sequenom over prenatal genetic test patent
Intellectual Property 2019-08-21 8:50 pm By Cat Fredenburgh

Ariosa Diagnostics has asked the Full Federal Court to hear its challenge to a ruling that its Harmony prenatal test infringed Sequenom’s patent for a prenatal genetic test, saying the court’s judgment was attended by “sufficient doubt”.

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Firms to consolidate AMP super class actions, and funders put commission in court’s hands
Class Actions 2019-08-21 3:39 pm By Christine Caulfield

A judge overseeing competing class actions against AMP over allegedly excessive superannuation fees has signed off on an agreement by two rival law firms to consolidate their cases, avoiding a potentially costly and drawn out beauty parade.

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AMP beefs up legal team for superannuation class action
Class Actions 2019-08-20 10:30 pm By Christine Caulfield

AMP has added two law firms to separately represent its subidiaries in one of two class actions alleging it charged its superannuation members excessive fees.

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