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In a victory for Zurich Australia, the Australian Securities and Investments Commission has lost its first-ever civil penalty case alleging an insurer failed to act with utmost good faith during claims handling.
Cantarella tries to revive ‘Oro’ mark for Vittoria coffee
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Vittoria’s Cantarella Bros has lodged an appeal in a long-running trade mark stoush with Italian rival Lavazza after a judge found the coffee manufacturer’s two registered ‘Oro’ marks should be cancelled because the word was previously used by another coffee supplier.
Bruce Lehrmann’s denials ‘disgraceful’, defamation trial told
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Accused rapist Bruce Lehrmann’s denial that he had any sexual contact with his former colleague Brittany Higgins was “quite disgraceful conduct”, the judge presiding over his defamation trial has heard.
Kerry Stokes can’t see Fairfax’s itemised legal bill in Ben Roberts-Smith case
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Billionaire Kerry Stokes has lost his challenge to paying in lump sum Fairfax’s legal fees in defending Ben Roberts-Smith’s failed defamation case over war crimes allegations, having argued for an itemised bill after the Seven West Media chair agreed to foot the costs on an indemnity basis.
In second securities class action failure in two days, IOOF shareholders lose out
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A judge has dismissed a securities class action against Insignia Financial, formerly known as IOOF, in the second judgement in two days to find no loss to shareholders.
High Court to hear appeal in high-stakes stoush over generic Plavix ban
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The High Court has agreed to weigh in on a 16-year battle between the federal government and French drug maker Sanofi-Aventis over an allegedly unjustified court order that prevented the release of a generic version of blockbuster blood-thinner Plavix.
Airbnb to pay $15M penalty for displaying prices in US dollars
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A judge has hit Airbnb with a $15 million penalty for misleading Australian consumers by displaying accommodation prices in US dollars, on top a $15 million consumer redress scheme the vacation rental giant has implemented.
Judge signs off on 24% GCO in a2 Milk shareholder class action
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A judge has approved a 24 per cent group costs order in a consolidated class action against a2 Milk, noting the complexity of the claims against the dairy giant and saying a GCO would align the class action lawyers’ interests with group members’.
Noumi can’t shield lawyer’s evidence in privilege claim over Ashurst, PwC docs
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Noumi has largely lost its bid to shield from a class action parts of its inhouse counsel’s evidence supporting a privilege claim over 3,000 documents seen by Ashurst and PricewaterhouseCoopers during an investigation into the company’s financial position.
ACCC warns of higher prices, weakened competition in push for merger reform
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The Australian Competition and Consumer Commission has renewed its calls for the government to adopt its proposed reforms to the merger regime, warning that consumers and businesses will pay the price for continuing anti-competitive mergers which enable parties to engage in “legal brinkmanship” with the regulator.