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Murray Goulburn and its former CEO have reached a settlement with the Australian Competition and Consumer Commission over claims the dairy producer misled farmers in three states about farmgate milk prices.
Neurim fights to amend Circadin patent amid infringement case against generics
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Drug maker Neurim Pharmaceuticals is battling to amend its Australian patent for the blockbuster sleeping pill Circadin over opposition from two generic pharmaceutical companies, which have accused Neurim of attempting to gain an unfair advantage by delaying the amendment bid until now.
Funder wants major role in common fund challenge
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Litigation funder Regency Funding has sought leave to intervene as a major player in one of two challenges to the courts’ powers to issue common fund orders in class actions, but it might have a fight on its hands.
Crown shouldn’t keep jailed ex-employees silent, court told
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An attempt by Crown Resorts to block ex-employees from talking to class action lawyers about the casino giant’s thwarted business in China was contrary to the public interest, a judge heard Monday.
Top lawyer at Woolworths steps down after $1.7B petrol station deal
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The top lawyer for Woolworths, who oversaw a lengthy process to offload the grocery giant’s petrol business as well as the aftermath of a rocky joint venture with US home improvement store Lowe’s, will step down from his position after four years on the job.
Common shapes don’t distinguish Italian meat co.’s trade mark, delegate finds
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Italian meat producer A.I.A. has lost its opposition to a trade mark application by competing salumi manufacturer Borgo, with the Registrar of Trade marks finding commonplace geometrical forms in trade marks that also feature a distinctive word are insufficient to distinguish a mark.
‘Ingenuity’ needed for software-aided biz method patent, IP Australia says
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A software-implemented business method could be patentable if programmed into a computer with “some ingenuity”, IP Australia told the Full Federal Court as a landmark appeal between rival tech companies Encompass and Infotrack wrapped up Friday.
ASIC strips AGM of financial services licence
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Retail OTC derivative issuer AGM Markets has had its financial services licence canceled, after ASIC found it engaged in unconscionable conduct and failed to manage conflicts of interest.
AFT Pharma ordered to pull misleading Maxigesic ads
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AFT Pharmaceuticals has been ordered to pull advertisements for its painkiller Maxigesic after the Federal Court ruled in favour of rival Reckitt Benckiser, finding the ads breached Australian Consumer Law.
Westpac hit with $3.3M penalty in BBSW case
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Westpac has been ordered to pay a $3.3 million penalty for engaging in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, with a Federal Court judge admitting the fine was “inadequate.”