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Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.
High Court to hear Securency appeal after $65M ‘shabby fraud’ award slashed
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The High Court has granted a Nigerian agent tricked into terminating his contract with international bank note manufacturer CCL Secure special leave to appeal a Full Federal Court judgment slashing a $65 million award in his favour.
Delegate denies opposition to Kraft changes to heat-resistant chocolate patent
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Kraft Foods can amend its patent application for a chocolate that doesn’t melt in the summer months, after a delegate found many of the claims of the patent lacked clarity and support.
Toyota points finger at drivers in diesel filter class action
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Responding to a class action on behalf of over 250,000 car owners, auto giant Toyota has admitted issues with filters in three of its diesel vehicle models but says drivers who failed to respond to warning lights in their cars could not clam damages for any breaches of quality guarantees.
Trendy Aussie handbag designer wins injunction against ‘knockoff’ neoprene bags
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A popular Australian designer of neoprene athleisure handbags has won an injunction barring a retail site from selling bags that copy the design of its trendy totes.
ACCC won’t freeze Emergent, Oxford cold storage deal
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The competition watchdog has given the greenlight to US cold storage giant Emergent Cold’s proposed takeover of rival Australian compay AB Oxford after raising preliminary concerns the deal would hike up prices.
Watchstone to pay $20.7M to settle with Slater & Gordon UK over $1.2B acquisition
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Slater & Gordon UK has agreed to a $20.7 million settlement of its claims against Watchstone Group, after seeking more than $1 billion from the insurance company over a botched 2015 acquisition that has spawned multiple class actions against the Australian firm.
Bean there, done that: Lavazza says it used ‘oro’ trade mark before Vittoria
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Italian coffee manufacturer Lavazza has hit back against an infringement case brought by Australian rival Vittoria over two Oro trade marks, saying Vittoria’s rights over the marks should be revoked and claiming four decades of prior continuous use of its own unregistered mark.
Stage set for battle over court’s power to vary class action funding agreements
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A judge’s decision refusing to approve a $42 million settlement in a shareholder class action against Murray Goulburn because of a “too high” funder’s commission has set the stage for a showdown over the power of courts to alter funding agreements, a battle potentially more consequential than the fight over common fund orders now before the High Court.
IOOF unit wins stay of $76M judgment as it mulls appeal of case against Sparke Helmore
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A judge has briefly stayed his $76.6 million judgment against IOOF subsidiary Australian Executor Trustees over the sale of a timber plantation by the collapsed Gunns Group as AET weighs an appeal of the ruling, which dismissed its cross-claim against law firm Sparke Helmore.