The Full Federal Court has upheld most of a ruling that found LG did not engage in misleading or deceptive conduct by failing to inform purchasers of faulty televisions of the remedies available to them under the Australian Consumer Law.
MWL Financial Group’s co-founder and a group of superannuation and investment funds are seeking court approval to bring a derivative suit on behalf of the investment adviser against its private equity-backed US parent company, Focus Financial.
A legal stoush over a “secret” side agreement between the lead applicant in a shareholder class action and a litigation funder has been shut down, with the Full Federal Court on Monday dismissing an appeal by the applicant.
A judge has denied a bid for summary judgment by Garmin Australia in a lawsuit brought by the GPS giant seeking $1.1 million allegedly owed under an agreement to supply its products for sale in Australia.
A “secret” side agreement between the lead applicant in a shareholder class action and a litigation funder is at the centre of a dispute in the Federal Court that is delaying distribution of a $19 million settlement in the case.
A judge has fined two companies for selling garage-door remote controls that infringe three Australian patents owned by U.S.-based The Chamberlain Group.
The Australian Patent Office wants the Federal Court to uphold its decision refusing an application by marketing technology start-up Rokt for a patent covering its online advertising system, offering fresh justification.
The Australian Securities and Investments Commission has won a $1 million penalty against a financial advice firm for breaching the so-called best interest duty, the first ever penalty imposed for such a violation.