Australia’s largest intellectual property services firm IPH will maintain its dominance after winning a takeover battle for Xenith IP, a deal that will create a formidable IP services giant with over 1,000 employees across Asia Pacific.
Two class actions against collapsed engineering firm RCR Tomlinson may be dismissed earlier than expected unless the Supreme Court allows them proceed against a liquidator who has said the failed company is strapped of funds.
The Australian Competition and Consumer Commission has filed Federal Court proceedings against comparison website iSelect for allegedly favouring energy plans offered by preferred retail partners over other, cheaper alternatives.
A judge has denied Mylan’s bid to temporarily block Sun Pharma and Cipla from making generic versions of anti-cholesterol drug Lipidil while it appeals a ruling invalidating several claims of its patents for the drug, citing the “difficulty, complexity and uncertainty” in assessing compensation under an undertaking as to damages in pharmaceutical patent proceedings.
Accounting giant Deloitte has failed in its bid to strike out claims made in two shareholder class actions alleging it was careless in auditing the financial statements of electronics retailer Dick Smith ahead of its collapse in 2016.
E-retail giant Catch Group has settled a lawsuit against Kogan for alleging violating its “catch” trade marks and the consumer law through sponsored links on Google driven by phrases using the word “catch”.
IP services company QANTM has signaled the end to a bidding war to acquire rival Xenith IP, saying it will not match the terms of the latest offer lodged by fellow IP services provider IPH that would see it acquire Xenith outright.
Actor Geoffrey Rush has been awarded at least $850,000 in damages after taking Nationwide News to court alleging it defamed him by tainting him as a sexual predator, with the judge calling the publisher’s conduct “improper and unjustified”.
Insurance Australia Limited is facing a class action alleging it engaged in misleading and deceptive conduct by pushing worthless add-on insurance onto individuals purchasing motor vehicles through authorised dealers.
The Australian Competition and Consumer Commission has brought criminal cartel charges against a money transfer business and five individuals for allegedly fixing the foreign exchange rate on millions of dollars transferred between Australia and Vietnam between 2011 and 2016.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
