Please login to bookmark Close
Beleaguered financial institution AMP is facing yet another shareholder class action with Shine Lawyers joining three other law firms in what is shaping up to be a beauty pageant of class actions.
DLA Piper’s patent advice to Neurim not privileged, court hears
Please login to bookmark Close
Two generic drug makers are fighting for access to confidential documents related to amendments by Neurim Pharmaceutical of patents covering its sleep drug Circadin, telling the Federal Court on Thursday privilege had been waived after a phone conversation between the company’s founder and her lawyers from DLA Piper.
Unique slams ACCC’s ‘paucity’ of evidence in appeal hearing
Please login to bookmark Close
The ACCC won its case against Sydney-based Unique International College on a “paucity of material”, the Full Federal Court has heard in an appeal of a ruling that found the vocational trainer exploited disadvantaged people and violated the Australian Consumer Law.
ASIC vows to use ‘every inch’ of power to go after corporate violators
Please login to bookmark Close
ASIC’s newly installed chief on Thursday slammed banks and other financial firms for their “trust deficit” and vowed to deploy “every inch of our powers and tools” to go after violators.
ACCC flags concerns over Transurban bid for WestConnex
Please login to bookmark Close
The Australian Competition and Consumer Commission has raised concerns that the proposed $2 billion acquisition of Sydney toll road WestConnex by toll road operator Transurban may stymie competition for toll road projects in Australia.
Telstra wins temporary block on Optus ‘Empires End’ ad
Please login to bookmark Close
Optus was ordered Wednesday to temporarily pull an ad that Telstra alleges makes a false and damaging claim about the superiority of Optus’ mobile network.
Blackmail case dropped against CFMEU bosses John Setka, Shaun Reardon
Please login to bookmark Close
Construction, Forestry, Mining, and Energy Union bosses John Setka and Shaun Reardon have walked free from court after prosecutors on Wednesday dropped blackmail charges related to the union’s boycott of Boral concrete.
Radio Rentals to pay $2M following ASIC probe
Please login to bookmark Close
The Federal Court has ordered appliance and furniture leasing company Radio Rentals to pay a $2 million penalty for failing to verify consumers’ financial situations before signing them up for leases.
Aerocare loses Federal Court appeal over workplace agreement
Please login to bookmark Close
The Full Federal Court on Tuesday dismissed an appeal by aviation services company Aerocare of a ruling rejecting an enterprise agreement the Transport Workers Union called “substandard”.
Quinn Emanuel AMP financing heralds era of class action beauty pageants
Please login to bookmark Close
The financing arrangement underwriting Quinn Emanuel’s shareholder class action against AMP, which will earn its partner Burford Capital a record low 10 percent of any recovery, sets a new standard in class action litigation funding, and is expected to spark greater price competition in the industry.