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Retail Food Group has been hit with a shareholder class action alleging it failed to make adequate disclosures regarding the financial health of its franchise network.
Judge shoots down Optus challenge to Optum trade mark
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Telecom giant Optus has come up short in a Federal Court challenge to trademark registration for health services company Optum, with a judge saying the two company’s marks — despite the difference of just one letter — were distinct enough.
GSK loses patent infringement appeal over slow-release Panadol
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A full bench of the Federal Court has dismissed an appeal by drug giant GlaxoSmithKline in a patent infringement case it brought over planned generic versions of its sustained-release Panadol.
VicForests banned from logging in greater glider habitat
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An environmental group fighting to protect the threatened greater glider has won a temporary injunction that bans state-owned forestry corporation VicForests from logging in select regions of the Victorian Central Highlands where the marsupial has been found.
Judge to weigh funding deal in Westpac class action
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A two-day hearing has been scheduled in the Westpac life insurance class action over a proposed funding arrangement that would give litigation backer JustKapital 30 per cent of any recovery, in addition to costs outlaid by lawyers for the class.
AMP vows to defend two shareholder class actions
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AMP says it will “vigorously defend” two class actions by shareholders in the wake of scandalous revelations at the Royal Commission that led to a $2 billion market cap drop.
Judge issues injunction in Infa-Secure seat device ownership spat
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A Federal Court judge has permanently barred a woman who claims she owns the intellectual property for an Infa-Secure seat belt device from telling retailers that she is the rightful owner of the device’s IP.
$26M funding cut to hobble ASIC, experts say
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The Federal Government’s $26 million cut to ASIC’s budget has been blasted by experts and the opposition for undermining the corporate regulator, already facing the heat of the Banking Royal Commission.
SMH’s fatal nose job article destroyed surgeon’s practice, court hears
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A Fairfax Media article over the death of a criminal figure during nose surgery had destroyed the practice of a prominent cosmetic doctor, a court was told Thursday.
Secret side deal in class action holds up $19.25M settlement
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A “secret” side agreement between the lead applicant in a shareholder class action and a litigation funder is at the centre of a dispute in the Federal Court that is delaying distribution of a $19 million settlement in the case.