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Aussie banknote maker defeats UK rival’s security device patent, for now
Intellectual Property 2018-09-10 10:35 pm By Christine Caulfield

Australian banknote manufacturer CCL Secure has successfully blocked British rival De La Rue International from registering a patent for a banknote security device.

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Court tosses Ex-Quintis head’s defamation claims over ASX statements
Defamation 2018-09-10 9:51 pm By Cat Fredenburgh

A court has struck out defamation claims brought by embattled Quintis founder Frank Wilson against the company’s former directors over ASX statements he alleges suggested he knew about the company’s termination of a supply contract with Nestle’s dermatology unit, Galderma Laboratories.

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Touchpoint Media hit with $265k fine for underpaying journalists
Media 2018-09-10 11:10 am By Cat Fredenburgh

The Federal Court has ordered Queensland online news company Touchpoint Media to pay over $300,000 in wages owed to journalists and slapped the company with a $265,000 fine.

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Banksia class action funder avoids extra costs despite ‘ulterior motive’
Class Actions 2018-09-07 10:42 pm By Christine Caulfield

The litigation funder that unsuccessfully sought to block a shareholder from opposing a $64 million class action settlement over the collapse of Banksia Securities is not on the hook for indemnity costs despite bringing the injunction with an ulterior motive.

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Judge trims class action against Commonwealth Bank
Class Actions 2018-09-07 10:19 pm By Miklos Bolza

A judge has struck out part of a class action against the Commonwealth Bank of Australia that alleges it kept investors in the dark about deficiencies in its systems for monitoring money laundering and terrorism financing risks, saying it wasn’t clear what the bank was expected to disclose.

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Prospa to fix unfair contract terms after ASIC probe delayed float
Contracts 2018-09-07 9:29 pm By Cat Fredenburgh

Online lender Prospa has agreed to alter unfair terms in its standard form small business loan contracts, after it delayed a planned float due to concerns raised by ASIC about its loan terms.

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Bellamy’s wants judge to limit costs of competing class actions
Class Actions 2018-09-07 9:28 pm By Cat Fredenburgh

A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings — organic baby food maker Bellamy’s — has called on the court to make good on its promise about costs.

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Sanitarium, Rebel appeal ruling in $1.4M suit over promotion campaign
Contracts 2018-09-07 4:58 pm By Miklos Bolza

Cereal giant Sanitarium and retailer Rebel Sports are challenging a decision dismissing proceedings against a UK marketing company amid a contractual dispute over a recent joint promotional campaign.

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VW will refund purchasers of cars that fail within 60 days
Competition & Consumer Protection 2018-09-07 12:13 pm By Cat Fredenburgh

Volkswagen has agreed to offer refunds or replacements to consumers if a defect makes a car un-drivable within the first 60 days after purchase without requiring proof of a major failure.

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VisionSearch takes final shot at ObjectiVision’s ‘limited’ case
Intellectual Property 2018-09-06 10:58 pm By Miklos Bolza

ObjectiVision has presented a “limited” and “debatable” case that its source code for a glaucoma testing device was copied, the Federal Court heard Thursday as the trial in a four-year spat with the University of Sydney over IP rights came to a close.

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