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A judge has fined two companies for selling garage-door remote controls that infringe three Australian patents owned by U.S.-based The Chamberlain Group.
CFMEU appeals fine over walkout protesting shorts policy
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The Construction, Forestry Energy and Mining Union has appealed a penalty handed down last month over a walkout organized in protest of a policy requiring workers to wear long-sleeved shirts and trousers.
ASIC charges ex-childcare firm head over failed takeover
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The former head of childcare provider G8 Education has been slapped with multiple criminal charges for her role in an abandoned takeover bid for rival childcare company Affinity Education.
Qantas settles pain-in-the-neck case
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Qantas has settled a lawsuit by a passenger who claims he suffered back and neck injuries after sitting in a faulty seat on a long-haul flight from Sydney to Los Angeles.
Gadens weighs class action against fund manager Blue Sky
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Blue Sky Alternative Investments could be facing a class action after a report by a U.S. hedge fund that found the Australian fund manager had exaggerated its assets under management and the performance of its investments, while also collecting excessive management fees.
Slater & Gordon considers pelvic mesh class action
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Slater and Gordon is mulling a class action on behalf of women who suffered complications after receiving a pelvic mesh implant, in the wake of a damning parliamentary report on the controversial devices.
Mortgage aggregator can’t halt derivative suit over Macquarie Bank deal
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A judge on Wednesday refused a bid by Australian mortgage aggregator Connective Group to put on hold a derivative lawsuit by a shareholder against the company’s bigwigs over the sale of 25 percent of the business to Macquarie Bank, saying there were no special circumstances justifying a stay.
ACCC says MYOB bid for Reckon raises competition concerns
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The Australian Competition and Consumer Commission has raised concerns about MYOB’s proposed bid for Reckon’s accounting unit, saying it could substantially lessen competition in the market for accounting software.
Pelvic mesh report calls for medical device registry
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A long-awaited congressional report has called for an overhaul of medical device regulation in Australia, in the wake of a system-wide failure to protect women who suffered “devastating” consequences after being implanted with faulty vaginal mesh products.
Cos. to face new penalties for manipulating financial benchmarks
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Companies that manipulate financial benchmarks will face specific civil and criminal penalties under changes to the law made by the government today, in the wake of $100 million in settlements by two of Australia’s largest banks last year over claims they manipulated the bank bill swap reference rate.