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Black Saturday payout report shows class actions working, expert says
Analysis 2018-11-29 11:43 pm By Christine Caulfield Melbourne

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.

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Online property giant REA sues Domain for referral deal with realestate.com
Competition & Consumer Protection 2018-11-29 2:52 pm By Christine Caulfield Melbourne

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.

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Sandoz infringed expired Lexapro patent, judge rules
Corrs Chambers Westgarth 2018-11-29 1:48 pm By Christine Caulfield Melbourne

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.

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RBA cos. fined $21M after pleading guilty in foreign bribery scandal
Financial Services 2018-11-28 9:55 pm By Christine Caulfield Melbourne

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.

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Uber faces largest class action in Australian history
Class Actions 2018-11-28 3:40 pm By Christine Caulfield Melbourne

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.

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AMP admits another possible fees for no service scandal
Article 2018-11-27 11:09 pm By Christine Caulfield Melbourne

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.

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Funders’ cut won’t exceed 25% in Spotless class action
Class Actions 2018-11-27 3:45 pm By Christine Caulfield Melbourne

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.

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Elle publisher wins opposition to Aussie builder’s ‘Ella’ trade mark
Consumer Goods 2018-11-27 1:28 pm By Christine Caulfield Melbourne

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’.

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Mark Latham faces $100,000 bill after settling defamation case
Defamation 2018-11-26 9:35 pm By Christine Caulfield Melbourne

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.

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Judge OKs cut to $30M Palm Island class action settlement for financial advice
Class Actions 2018-11-26 4:01 pm By Christine Caulfield Melbourne

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.

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