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BASF drops case against Sherwood Chemicals over termite control patent
BASF has dropped a lawsuit alleging Sherwood Chemicals infringed two of its patents for an underground termite control system.
Thorn looks to raise $38.7M to cover class action settlement
Thorn Group is seeking to raise $38.7 million to cover its share of a $29 million settlement in a consumer class action alleging its Radio Rentals unit pushed misleading 'Rent, Try, $1 Buy' leases onto vulnerable customers.
High Court rejects council’s appeal bid in Walla Walla tip fire class action
The High Court has cleared the way for victims of a rubbish tip fire that tore through 17,000 acres of farmland in the NSW Riverina to claim more than $20 million in damages in a class action, after rejecting an appeal bid by the local council.
Judge slams NRMA’s ‘intrusion’ on industrial jurisdiction with consumer suit
A judge has thrown out the NRMA’s consumer case against the maritime union over its Sydney fast ferry campaign, ruling that a verdict in favour of the motoring body would have brought the “the entire field of industrial relations within the operation of consumer legislation”.
ACCC signs off on Elders’ $187M rural services deal with AIRR
The competition regulator has given rural retailer company Elders the greenlight to proceed with its proposed $187 million acquisition of wholesale group Australian Independent Rural Retailers, but has warned it will be paying close attention to any future consolidation in the rural sector.
LG to pay $160,000 for misleading customers about refund rights on faulty TVs
Electronics giant LG has been ordered to pay a $160,000 penalty after its call centre workers misled two complaining customers about their rights to replace a faulty television or get a refund under the Australian Consumer Law.
Corner Hotel settles IP dispute with McDonald’s over hipster cafe
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.
De-banking poses threat to foreign exchange competition, ACCC says
The Australian Competition and Consumer Commission has warned it could take enforcement action if its finds banks are misleading customers about foreign exchanges fees and warned banks' use of their compliance obligations to deny banking services to their non-bank competitors could constrain competition in the market for foreign exchange services.
Merck wins docs from Wyeth ahead of hearing on reopening Prevnar 13 trial
Merck Sharp & Dohme has emerged victorious in a battle over documents with Wyeth, as the parties gear up for a hearing on Wyeth's request to reopen a trial over three patents for its Prevnar 13 pneumococcal vaccine.
‘Serious cartel conduct’: ACCC hits BlueScope with price-fixing lawsuit
The Australian Competition and Consumer Commission has brought proceedings against publicly-traded BlueScope Steel and a former general manager for allegedly engaging in "serious cartel conduct" in relation to the supply of flat steel products in Australia.