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Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Financial Services 2022-10-12 11:06 am By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a settlement in a class action alleging the fund’s trustee misled unit holders.

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‘Utterly hopeless’: Ex-commando pans ABC’s truth defence to war crimes coverage
Defamation 2022-10-12 3:40 pm By Cindy Cameronne

A former special forces commander who has sued the Australian Broadcasting Corporation over stories that allegedly imply he committed war crimes in Afghanistan is seeking to throw out the broadcaster’s truth defence, a court has heard.

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Rival takes down Saputo Dairy’s ‘Ascend’ trade mark
Food and Beverage 2022-10-12 10:56 pm By Cat Fredenburgh

US-based mozzarella giant Leprino Foods has succeeded in removing Canadian dairy company Saputo’s ‘Ascend’ trade mark for non-use.

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Funder’s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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PTTEP’s appeal of class action ruling delayed as lawyers, funder engage in secret stoush
Class Actions 2022-10-11 11:45 pm By Christine Caulfield

PTTEP Australia’s appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.

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Kraft prevails in fight with Italian cheese makers over ‘parmesan’ trade mark
Intellectual Property 2022-10-11 3:55 pm By Cindy Cameronne

A consortium of parmigiano reggiano producers has lost its challenge to Kraft Foods’ ‘Kraft parmesan cheese’ trade mark after an IP Australia delegate found that customers would be “sceptical” that the product was Italian.

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Employsure suffers partial loss in appeal by defecting employees
Employment 2022-10-11 5:20 pm By Cindy Cameronne

Workplace relations heavyweight Employsure has suffered a partial defeat in appeals brought by rival ELMO Software and two former employees seeking to jump ship to a competitor.

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Howden can’t use expert report in ‘wasteful’ patent application against Minetek
Intellectual Property 2022-10-11 12:20 pm By Cindy Cameronne

A judge has refused a bid by manufacturer Howden to use an expert report before IP Australia in a dispute accusing rival Minetek of misappropriating confidential information for an industrial fan patent, saying it was “wasteful” when a similar dispute was already before the court.

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Boston Scientific drops gag clause from $105M settlement after judge airs concerns
Class Actions 2022-10-10 2:40 am By Cindy Cameronne

US medical device manufacturer Boston Scientific has withdrawn a controversial gag clause from of its $105 million deal to settle a class action by women allegedly injured by pelvic mesh devices after a judge raised concerns about its legality.

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Murdoch argues public interest defence no ‘new dawn’ for media outlets
Defamation 2022-10-10 3:06 am By Sam Matthews

Fox News CEO Lachlan Murdoch has told a court that Crikey publisher Private Media will be hard-pressed to use a new public interest defence as a shield against his defamation suit over an article allegedly linking the media mogul to the January 6 attack on the US Capital.

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