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Latitude Financial will not pay a ransom demanded by criminals after 14 million customer records were stolen in a “malicious” cyberattack.
Mecca’s distribution agreement with lux cosmetics brand not unlawful, court finds
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Beauty giant Mecca has succeeded in fending off a luxury cosmetics brand’s appeal of a decision that found a term of an exclusive distribution agreement between them was not an unlawful restraint of trade.
‘Unjustifiable threats’: TCT Group wins patent revocation, indemnity costs against Polaris
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TCT Group has won orders revoking two patents for hinges held by Polaris IP as well as indemnity costs, with a judge finding the patentee made “unjustifiable” threats of infringement against TCT over its own brand of soft-close glass hinges.
App store class action funder can’t see evidence in Epic’s case against Apple
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The litigation funder bankrolling two competition class actions against Apple and Google has lost its bid to see evidence filed in a similar case by developer Epic Games, after concerns were raised about its potential use in overseas proceedings against Apple.
College’s enrolment practices should be ‘condemned’, Full Court says in ACCC win
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The Full Federal Court has upheld a finding that online educator Captain Cook College engaged in systemic unconscionable conduct by enrolling thousands of unsuitable students, who accrued $60 million in debt but never finished their courses.
Lehrmann says ABC defamed him with live broadcast of Higgins’ Press Club speech
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Former Liberal staffer Bruce Lehrmann has accused the Australian Broadcasting Corporation of a “contemptuous attempt” to prejudice the jury in a criminal trial over his alleged rape of former colleague Brittany Higgins in Parliament House.
Law firm gets interim $22.6M from J&J settlement, promises to return any excess
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Shine Lawyers can deduct 50 per cent of its fees and all of its costs from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson while a judge mulls whether the law firm’s total bill is fair and reasonable.
Crypto exchange Binance loses Australian financial services licence
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ASIC has cancelled Binance Australia’s financial services licence at the request of the crypto exchange amid a review of the exchanges’ classification of retail clients.
Crown folds in challenge to rejection of patent for new casino game
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Crown Melbourne has dropped its appeal of a decision by IP Australia that rejected the casino’s application for a patent covering a modified roulette game.
Judge ‘horrified’ at ATO involvement in distributing superannuation class action settlements
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A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has expressed concerns about the ATO’s potential involvement in distributing settlement funds, saying the department was unlikely to efficiently reunite group members with their money.