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Melbourne University’s Trinity College sues to protect lucrative name
Competition & Consumer Protection 2018-11-05 4:03 pm By Christine Caulfield Melbourne

An education provider calling itself Trinity College Australia faces a lawsuit alleging it is duping consumers by trying to pass off as The University of Melbourne’s famed residential college.

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ASIC wins $9M fine against Financial Circle
Financial Services 2018-11-05 1:36 pm By Christine Caulfield Melbourne

The Australian Securities and Investments Commission has secured almost $9 million in penalties against Melbourne-based Financial Circle  over a scheme to extract advice fees and ongoing commission from borrowers who took out personal loans.

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Another firm weighs class action over flammable cladding
Class Actions 2018-11-02 11:50 pm By Christine Caulfield Melbourne

A third law firm is investigating a possible class action to compensate property owners for the cost of removing highly combustible aluminium cladding, believed to be in the majority of buildings in Australia. 

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Law firm looks at short-seller VGI in class action probe ‘twist’
Class Actions 2018-11-02 10:15 pm By Christine Caulfield Melbourne

Maurice Blackburn is investigating a possible class action after the share price of Corporate Travel Management plunged 27 percent on Wednesday, and will look at the role of VGI Partners in the sudden stock drop. 

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Fintech founder to pay for judge to fly to UK for testimony of ex-Visa boss
Arnold Bloch Leibler 2018-11-02 3:02 pm By Christine Caulfield Melbourne

The founder of a fintech company suing Visa for allegedly abusing its market dominance is flying a Federal Court judge to the UK to preside over the examination of a key but reluctant witness in the case, former Visa boss Rupert Keeley.

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Judge OKs $2.5M penalty against hearing aid cos. in ACCC case
Competition & Consumer Protection 2018-11-01 9:55 pm By Christine Caulfield Melbourne

A judge has approved a $2.5 million penalty against two hearing aid retailers in the consumer regulator’s case alleging the companies targeted vulnerable pensioners with misleading newspaper ads.

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Ashley Services class action sent back to mediation for settlement talks
Class Actions 2018-11-01 7:51 pm By Christine Caulfield Melbourne

Private education provider Ashley Services may be close to settling a shareholder class action, according to a court order sending the parties in the case to a second mediation session before the end of the year.

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Generic Health wins ‘modest’ cut to Bayer’s $25M damages over Yasmin
Chief Justice James Allsop 2018-10-31 11:59 pm By Christine Caulfield Melbourne

Generic Health has shaved two percent off the $25 million damages awarded pharmaceutical giant Bayer in a patent infringement case over Bayer’s blockbuster oral contraceptive, Yasmin, but the discount is a far cry from the 15 percent it sought on appeal.

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Lawyers face off over competing class actions
Class Actions 2018-10-31 9:41 pm By Christine Caulfield Melbourne

As judges grapple with fierce competition among litigation funders and law firms to lead class actions, Lawyerly asked two leading practitioners on opposing sides of the class action divide to give us their take on the issue.

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Unlockd drops competition case against Google
Ashurst 2018-10-31 10:55 am By Christine Caulfield Melbourne

The administrators of collapsed startup Unlockd have withdrawn the company’s case against Google alleging the search engine giant abused its dominance to keep it out of the digital ad market.

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