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Black Saturday payout report shows class actions working, expert says
A lingering dispute with the tax office remains, but the distribution of the record $795 million Black Saturday class actions settlement is substantially complete, according to a report out this week, and the proceedings, by the measure of at least one expert, show why the class action system in Australia is working.
Online property giant REA sues Domain for referral deal with realestate.com
Online real estate giant REA Group is suing competitor Domain Group over a referral arrangement with the US-based owner of the web address realestate.com, saying the deal amounts to trade mark infringement and misleading and deceptive conduct.
Sandoz infringed expired Lexapro patent, judge rules
Generic drug maker Sandoz has been found liable for patent infringement and misleading and deceptive conduct in a case by pharmaceutical giant Lundbeck over its blockbuster antidepressant Lexapro, ending a battle that has raged for 15 years.
RBA cos. fined $21M after pleading guilty in foreign bribery scandal
The Reserve Bank of Australia's two banknote subsidiaries pleaded guilty to foreign bribery charges in 2011 and paid fines of more than $21 million, it was revealed Wednesday after a seven-year suppression order was lifted.
Uber faces largest class action in Australian history
Maurice Blackburn Lawyers said Wednesday it is expanding its class action against Uber, with the firm saying the total claim against the US ride-sharing company would likely dwarf any class action recovery in Australia's history.
AMP admits another possible fees for no service scandal
Embattled wealth manager AMP has revealed its fees for no service scandal could cost the firm more than $1 billion in customer remediation, and that it might be facing another fees scandal.
Funders’ cut won’t exceed 25% in Spotless class action
The two funders paying for a shareholder class action against facility services company Spotless Group want 25 percent of any net settlement or judgment in the case, a rate that mirrors the commission approved in a common fund order now at the centre of a constitutional challenge.
Elle publisher wins opposition to Aussie builder’s ‘Ella’ trade mark
The Paris-based publisher of Elle Magazine has succeeded in a challenge to a trade mark application by an Australian building supplier for the name of its brand of bathroom fixtures, 'Ella'.
Mark Latham faces $100,000 bill after settling defamation case
Former MP Mark Latham has agreed to settle a defamation case brought against him by the political editor of pop culture site Junkee, and he could be on the hook for a $100,000 payout.
Judge OKs cut to $30M Palm Island class action settlement for financial advice
A judge has signed off on an application to set aside a portion of a $30 million settlement in a class action over the 2004 Palm Island riots for financial counselling for registered group members, saying the court had the power to make the landmark order.