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Crane maker NQCranes loses bid to strike out ACCC’s cartel case
ACCC 2021-10-20 12:20 pm By Cindy Cameronne Sydney

Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
ACCC 2021-10-19 9:30 pm By Cindy Cameronne Sydney

IVF provider Virtus Health would be “the author of its own fate” if its proposed acquisition of rival Adora Fertility flopped, a judge has said in hearing the ACCC’s bid for a temporary injunction blocking completion of the planned purchase.

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Trial in Ben Roberts-Smith’s defamation case delayed to 2022
Anna Mitchelmore 2021-10-15 9:28 pm By Cindy Cameronne

A judge has adjourned trial in the defamation case by accused war criminal Ben Roberts-Smith to early 2022, saying relocation was not practical after COVID-19 restrictions prevented Fairfax’s witnesses travelling to Sydney.

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Companies ‘contemptuous’ of merger review rules, ACCC chair says
ACCC 2021-10-15 2:28 pm By Cindy Cameronne Sydney

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

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High Court tosses appeal of sacked climate-skeptic professor
Ben Jellis 2021-10-13 7:09 pm By Cindy Cameronne Sydney

The High Court has thrown out sacked climate skeptic professor Peter Ridd’s appeal of his dismissal by James Cook University, finding protection of intellectual freedom is not a “general freedom of speech”.

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Claims trimmed in COVID-19 public housing class action
Class Actions 2021-10-13 1:33 pm By Cindy Cameronne Sydney

A class action over a public housing lockdown during Melbourne’s second COVID-19 wave in July last year is seeking to discontinue battery and negligence claims against the Victorian government, a court has heard.

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‘Madness’ if Sandoz entitled to generic Lexapro licence, High Court told
Appeals 2021-10-12 7:20 pm By Cindy Cameronne Sydney

Danish drug maker Lundbeck has told the High Court it did not contract away a royalty-free licence to generic drug maker Sandoz to sell blockbuster antidepressant Lexapro, saying such a decision would be commercial “madness”.

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Judge warns AMP it could face 1.2M lawsuits if declassing bid succeeds
AMP 2021-10-11 10:07 pm By Cindy Cameronne Sydney

AMP and a number of its financial planning subsidiaries could face 1.2 million individual claims if they win a bid to declass a group proceeding over allegedly excessive insurance premiums, a judge has said.

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Arrium directors’ examination for class action not abuse of process, High Court told
Andrew Emmerson 2021-10-07 5:20 pm By Cindy Cameronne Sydney

Two shareholders of failed steel giant Arrium have told the High Court that granting their bid to grill former directors of the company would not be an abuse of process because it was in the public interest to “expose” the management of the defunct business.

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IOOF unit loses bid to strike out ASIC’s cybersecurity case
ANZ 2021-10-07 1:26 pm By Cindy Cameronne Sydney

IOOF unit RI Advice has lost its bid to strike out ASIC’s novel case claiming it failed to protect its clients against cybersecurity risks, but a judge has chastised the regulator for causing “needless confusion” and “wasted time”.

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