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Melbourne cafe to hand over $646,000 to court in fee spat with law firm
Benjamin Murphy 2020-12-10 10:48 pm By Cat Fredenburgh Melbourne

Bourke Street cafe Barfly’s has agreed to hand over $646,250 to the court in trust in an ongoing spat over its legal bills with a law firm that negotiated a $2.4 million settlement for the cafe in a negligence case.

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Designer drops ‘ill-advised’ lawsuit over bikini style trade mark
Actuate Legal 2020-12-10 9:57 pm By Cat Fredenburgh Melbourne

Women’s fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival’s use of the name ‘Delphine’ to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the ‘ill-advised’ lawsuit.

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APRA trims $250M additional capital requirement for Allianz
APRA 2020-12-10 4:28 pm By Cat Fredenburgh

The prudential regulator has reduced a requirement that Allianz Australia hold an extra $250 million in capital by $100 million, noting steps the insurer had taken to improve its risk management. The Australian Prudential Regulation Authority imposed the additional capital requirement on the insurer’s Australian unit in August last year, due to issues raised in…

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High Court to hear challenge to ruling over ‘defamatory’ Facebook comments
Appeals 2020-12-08 10:57 pm By Cat Fredenburgh Melbourne

Three media companies have been granted special leave by the High Court to challenge a finding that they could be held liable for allegedly defamatory remarks left under news articles they posted on Facebook.

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Government to introduce legislation requiring Google, Facebook to pay for news
ACCC 2020-12-08 10:10 pm By Cat Fredenburgh Melbourne

The Federal government will introduce legislation on Wednesday that will require Google and Facebook to pay news publishers to exploit their content and give them a heads up of major changes to search algorithms.

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Funder backs lawsuit against Coca-Cola over drink bottle patent
Food and Beverage 2020-12-08 4:58 pm By Cat Fredenburgh Melbourne

Litigation funder Omni Bridgeway has thrown its weight behind a David-versus-Goliath legal challenge by an inventor who accuses Coca-Cola of infringing a patent for a drink container and lid used in popular brands such as Mount Franklin water and Powerade sports drink.

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Apple to seek stay of Epic Games competition lawsuit
ACCC 2020-12-08 11:16 am By Cat Fredenburgh Melbourne

Apple wants to stay a competition lawsuit brought by video game developer Epic Games in Australia, claiming a clause in its developer contract requires any dispute between them to be heard in a California court.

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High Court asked to deal death blow to common fund orders
7-Eleven 2020-12-07 4:57 pm By Cat Fredenburgh Melbourne

Convenience store chain 7-Eleven has asked the High Court to find courts do not have the power to make common fund orders at settlement or judgment in a class action, one year after the High Court ruled common fund orders could not be made in the early part of a representative proceeding.

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Kogan hit with $350,000 penalty for misleading TAXTIME promotion
ACCC 2020-12-07 1:07 pm By Cat Fredenburgh Melbourne

Online retailer Kogan has been hit with a $350,000 penalty for misleading customers during its 2018 TAXTIME promotion by offering discounts on products whose prices had been inflated, far short of the $2 million penalty sought by the Australian Competition and Consumer Commission.

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Rio Tinto claims cut from Deloitte age discrimination lawsuit
Accounting 2020-12-04 10:46 pm By Cat Fredenburgh Melbourne

Deloitte Touche Tohmatsu has succeeded in striking out claims that it made misrepresentations to Rio Tinto when it appointed a partner nearing the mandatory retirement age to a five-year project with the mining giant.

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