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ASIC wants to probe Worrells liquidator over winding up of Members Alliance Group
Restructuring & Insolvency 2019-11-13 3:45 pm By Miklos Bolza

The Australian Securities and Investments Commission wants to investigate the conduct of a Worrells partner in relation to the winding up of Members Alliance Group, a group of property investment companies whose 2016 collapse stripped creditors of over $40 million and left its director facing fraud charges.

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Monster Energy takes on ‘mother’ of a trade mark battle
Intellectual Property 2019-11-13 3:44 pm By Cat Fredenburgh

Monster Energy has launched another Federal Court case against Vittoria Food & Beverage seeking to block the coffee maker from trading on the popularity of its Mother energy drink brand, and the beverage giant will have to convince the court that its brand is not so strong that confusion among consumers is not likely.

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Funder appeals ruling over security in Fair Work class actions
Employment 2019-11-12 10:44 pm By Christine Caulfield

Litigation funder Augusta Ventures has brought its promised appeal of a groundbreaking ruling that put it on the hook for paying security for costs in an employment class action over the classification of casual mine workers.

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Juno challenges validity of patent for Pfizer’s pain drug Dynastat
Intellectual Property 2019-11-12 9:44 pm By Christine Caulfield

Australian drug maker Juno Pharmaceuticals has hit back at claims it is infringing the patent for US-based Pfizer’s post-operative pain killer Dynastat, saying the patent is invalid.

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Forge liquidators investigate potential case against auditors KPMG
Restructuring & Insolvency 2019-11-12 8:31 pm By Miklos Bolza

Two special purpose liquidators appointed to collapsed engineering and construction company Forge Group are investigating a potential lawsuit against KPMG, which audited the doomed business prior to its $800 million collapse in 2014.

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Pfizer takes Sandoz to court for info on Enbrel biosimilar
Intellectual Property 2019-11-12 5:51 pm By Cat Fredenburgh

Pfizer, maker of the blockbuster rheumatoid arthritis biologic Enbrel, has taken generic drug maker Sandoz to court for information on its Enbrel biosimilar, after winning a bid for preliminary discovery against Samsung Biopis to pursue a possible infringement case over the same drug.

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Class action puts pressure on Icon for speedy resolution of Opal Tower insurance case
Class Actions 2019-11-12 4:23 pm By Miklos Bolza

Construction firm Icon Co has pressed the Federal Court for an expedited hearing in its case against insurers Liberty Mutual Insurance and QBE over the 2018 Opal Tower disaster, saying it wants to resolve the matter before a class action brought by apartment owners in building progresses too far.

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Latest suit claims Macquarie owes $4.8M in underpayments
Employment 2019-11-12 4:02 pm By Cat Fredenburgh

Macquarie Bank has been hit with another lawsuit by former financial advisers who claim the bank underpaid them to the tune of $4.8 million by remunerating them solely in commission when they were entitled to a regular wage.

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SNF, BASF resolve remaining patent dispute
Intellectual Property 2019-11-11 10:44 pm By Christine Caulfield

Global chemicals giant SNF has dropped its case against rival BASF over a lucrative mining patent, the last of numerous Federal Court disputes between the companies.

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Sydney Fish Market developer can eye Norton Rose docs in spat over $2.3M ‘secret commission’
Real Estate 2019-11-11 6:53 pm By Miklos Bolza

A Sydney-based development firm has won limited access to legal documents from Norton Rose Fulbright in a property dispute over redevelopment of the Sydney Fish Markets and a $2.3 million “secret commission”.

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