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‘A disappointing result’: Judge approves $25M settlement in Dick Smith class actions
AIG 2021-03-17 11:52 pm By Cat Fredenburgh Melbourne

A judge has approved a “disappointing” $25 million settlement in long-running class action litigation over the collapse of electronics retailer Dick Smith with claims worth hundreds of millions of dollars.

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High Court to hear Glencore shipping fee fight with Port of Newcastle
ACCC 2021-03-17 11:50 am By Cat Fredenburgh Melbourne

The High Court will weigh in on a dispute between the Port of Newcastle and mining giant Glencore over access charges to shipping channels used to export coal from the Hunter Valley.

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Australia’s largest funeral homes fined for ‘locally owned’ representations
ACCC 2021-03-17 10:47 am By Cat Fredenburgh Melbourne

Australia’s two largest funeral home companies owned by ASX-traded Propel Funeral Partners have been hit with penalties for representing to consumers that they were locally owned.

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Christian Porter won’t oversee Federal Court matters after suing ABC for defamation
Employment 2021-03-16 11:35 pm By Cat Fredenburgh Melbourne

When he returns from leave, Attorney-General Christian Porter will relinquish any duties relating to the Federal Court, where he filed a defamation lawsuit against the ABC and journalist Louise Milligan on Monday, in order to avoid any conflicts of interest.

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ASIC says auditors weren’t required to school iSignthis on disclosure obligations
Ashurst 2021-03-16 10:17 pm By Cat Fredenburgh Melbourne

ASIC has fired back at iSignthis’ defence to the regulator’s claims that it violated the Corporations Act by not disclosing $3 million in one-off revenue related to integration agreements, saying it was not the job of its compliance officials to school the fintech on its disclosure obligations.

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Novartis sues to stop generic version of blockbuster MS drug
Clayton Utz 2021-03-15 11:06 am By Cat Fredenburgh Melbourne

Swiss drug giant Novartis has sued generic drug maker Pharmacor to halt its launch of a generic version of the company’s top-selling MS drug Gilenya.

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Full Court dashes Bendigo and Adelaide Bank’s hopes of saving ‘community bank’ trade mark
Allens 2021-03-11 4:47 pm By Cat Fredenburgh Melbourne

Bendigo and Adelaide Bank has lost its appeal of a ruling that revoked its 22-year-old ‘community bank’ trade mark, with the Full Federal Court agreeing that the phrase has an ordinary signification and cannot be trade marked for the bank’s services.

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$150M bushfire class action filed against SA Power Networks
Class Actions 2021-03-11 1:56 pm By Cat Fredenburgh Melbourne

A $150 million class action has been launched against South Australian power company SA Power Networks over the December 2019 Cudlee Creek bushfire, which destroyed over 96 homes in the state and led to one death.

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Peloton files lawsuit over rival’s ‘spinning’ trade mark ahead of launch in Australia
Ashurst 2021-03-11 1:19 pm By Cat Fredenburgh Melbourne

The company behind the Peloton interactive exercise bike, which has amassed a cult following in the US during the coronavirus pandemic, has taken legal action against a California-based fitness company seeking the removal of its ‘spinning’ trade mark ahead of Peloton’s planned launch in Australia.

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Sacked Weekend Sunrise presenter settles lawsuit against Seven
Employment 2021-03-08 12:07 pm By Cat Fredenburgh Melbourne

Seven Network has resolved a lawsuit brought by game show host and news presenter Simon Reeve seeking compensation and pecuniary penalties after his sudden dismissal in June during the height of the COVID-19 pandemic.

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