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The funder that’s bankrolling a shareholder class action against Murray Goulburn is seeking court approval for a funding agreement under which it would get a 28 per cent cut of any settlement.
Rokt judgment could provide clarity on software patentability
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The court will issue a judgment Wednesday in one of two closely watched cases awaiting judgment that may move the dial on the patentability of computer software.
Commonwealth slams Otsuka’s ‘inconsistent’ defences in Abilify patent case
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The Commonwealth has urged the court to strike out the “inconsistent” pleadings of pharmaceutical firms Otsuka and Bristol-Myers Squibb in a patent case over the antipsychotic drug Abilify, calling them a “scandal” which could bring disrepute to the administration of justice.
Maurice Blackburn may get $5.8M in $16.4M Cash Converters settlement
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Maurice Blackburn stands to walk away with $5.8 million for its work on a consumer class action against Cash Converters that resulted in a $16.4 million settlement.
D’Aquino Bros says it can prove its Scotch Whisky is the real deal
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Defending against a fourth trade mark infringement lawsuit by the UK’s Scotch Whisky Association, Australian liquor retailer D’Aquino Bros has told a court all of its Scotch Whisky was distilled in Scotland, and it has the paperwork to prove it.
Judge tosses Penthouse publisher’s case over Milo Yiannopoulos, Nigel Farage tour fees
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Penthouse publisher Damien Costas has lost a dispute related to fees he allegedly owes a publicist for the book tours of far-right provocateur Milo Yiannopoulos and Brexit architect Nigel Farage, after a judge found Costas’ solicitors had failed to effect proper service.
Google, Facebook have ‘ability and incentive’ to abuse market power, ACCC says
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Google and Facebook should be regulated given the potential they have to wield their monopoly powers in ways that would harm consumers, the ACCC said in its highly anticipated preliminary report into the digital platforms.
IOOF’s Chairman, CEO step down in wake of APRA action
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IOOF’s chairman and CEO are stepping down to defend against a Federal Court action by Australia’s financial regulator seeking to have them, along with three other executives of the embattled wealth manager, disqualified from acting as superannuation trustees.
After settlement rejected, ASIC takes Westpac case to trial
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The corporate cop’s case against Westpac over allegedly irresponsible lending practices will go to trial after the Federal Court rejected the bank’s $35 million settlement.
Gadens to run consolidated Quintis class action, court hears
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A shareholder class action led by Bannister Law against sandalwood oil producer Quintis will be absorbed by rival law firm Gadens in a consolidation agreement that ends a battle over the competing cases.