Please login to bookmark Close
A decision on the fate of three class actions against logistics software company GetSwift is set for Wednesday, and counsel behind the competing cases aren’t the only lawyers waiting with baited breath.
Judge bars ASX from delisting Chinese food retailer Winha
Please login to bookmark Close
China-based food retailer Winha Commerce has secured an interim court injunction barring the Australian Stock Exchange from delisting the company after the exchange issued queries to all Chinese listed companies about problems converting the renminbi.
Judge throws out S&P damages expert in CDO trial
Please login to bookmark Close
A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.
ACCC awaits judgment in Pfizer misuse of market power appeal
Please login to bookmark Close
The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.
Toys ‘R’ Us Australia goes into voluntary administration
Please login to bookmark Close
Just two months after the retailer announced it would close down all of its US and UK stores, the Australian unit of Toys ‘R’ Us has announced it has gone into voluntary administration.
TWU can’t stall $270k penalty for lax record keeping
Please login to bookmark Close
The Transport Workers Union has lost its bid for a stay of a court order that it pay a $270,000 penalty for allegedly keeping almost 21,000 lapsed members on its register and failing to keep copies of records.
IP Australia shuts down another coffee capsule patent
Please login to bookmark Close
For the third time this year, IP Australia has upheld a challenge to a coffee capsule patent, finding that the patent, owned by a unit of German food giant Kruger, was not inventive.
Former Freenet director hit with fraud charges
Please login to bookmark Close
Australia’s corporate regulator has brought fraud charges against the former director of failed internet company Freenet, alleging he took money from the company and used false invoices to conceal the theft.
Judge axes claim in NAB Docklands construction dispute
Please login to bookmark Close
A judge has upheld a court referee’s dismissal of construction subcontractor Brighton Australia’s claim that global contractor Multiplex violated the Australian Consumer Law by making misrepresentations in a subcontract for construction work on the NAB flagship office building in the Melbourne’s Docklands neighborhood.
Norton Rose, ex-partner head to trial after mediation fails
Please login to bookmark Close
A thorny dispute between Norton Rose Fulbright and former employment partner Thomas Martin will head to trial after the Federal Court heard Monday that “all attempts at mediation have failed”.