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High Court finds Sandoz infringed Lundbeck’s Lexapro patent
Angus Lang 2022-03-09 4:40 pm By Miklos Bolza Sydney

The High Court has found that Novartis unit Sandoz infringed Danish drug company Lundbeck’s patent for its blockbuster antidepressant Lexapro, but has overturned a ruling that found the generic drug maker owes $26.3 million in damages.

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ABC’s Four Corners targeted in deceit case by former industrial judge
ABC 2022-03-09 5:51 pm By Miklos Bolza Sydney

A former Fair Work Commission vice president has sued the ABC for allegedly tricking him into participating in a Four Corners interview about his relationship with controversial union figure Kathy Jackson, who was found to have misused $1.4 million in union funds.

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Woolworths class action settlement ditched after judge expresses concerns
Adero Law 2022-03-08 12:36 pm By Miklos Bolza Sydney

A class action settlement with Woolworths which “troubled” a Federal Court judge has been abandoned, with the lead applicants resuming their bid to intervene in a parallel proceeding brought by the Fair Work Ombudsman against the supermarket giant.

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Rio Tinto must pay $750,000 for disclosure breaches over $5.8B acquisition
ASIC 2022-03-07 10:56 am By Christine Caulfield Melbourne

Mining giant Rio Tinto has been ordered to pay a $750,000 penalty in ASIC’s case over a disclosure breach linked to its $5.8 billion purchase of a Mozambique coal mining company.

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ANZ denies charging retrospective interest on credit cards
ANZ 2022-03-07 1:40 pm By Christine Caulfield Melbourne

ANZ has hit back at claims in a class action that it slugged retrospective interest on credit card accounts and that its interest terms were not explicit, arguing the term ‘retrospective’ is liable to “confuse” the issues to be decided by the court.

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Telstra hit with class action over COVID-19 vaccination policy
Coronavirus 2022-03-04 5:30 pm By Cat Fredenburgh Melbourne

Telstra has been hit with a class action on behalf of employees who lost their jobs or are in danger of being terminated for failing to comply with a requirement that they be vaccinated against COVID-19.

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Silk loses phone numbers in NBN switch, sues Telstra
Competition & Consumer Protection 2022-03-04 2:37 pm By Christine Caulfield Melbourne

A senior barrister has brought court action against Telstra alleging the teleco engaged in fraud and misleading and deceptive conduct when its customer service staff promised he could retain his chambers’ phone numbers when switching to the NBN.

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Qantas ordered to pay Perth Airport $9.5M in terminal fee dispute
Aviation 2022-03-04 11:58 am By Miklos Bolza Sydney

Qantas has been ordered to pay $9.5 million in unpaid fees after the Western Australia Supreme Court resolved a dispute over the “fair and reasonable” amount owed for terminal services provided for the airline’s domestic and international flights.

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CommSec agrees to $20M penalty for ‘serious and unacceptable’ system failures
ASIC 2022-03-03 9:02 pm By Bianca Hrovat Sydney

Commonwealth Bank unit CommSec has agreed to pay a $20 million penalty for a series of “serious and unacceptable” failures that lead to excessive fee charges, a court has heard.

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Deloitte foreshadows new privilege battle in Hastie class action
Accounting 2022-03-03 2:39 pm By Miklos Bolza Sydney

Another fight over privilege may be on the cards in a shareholder class action over the collapse of the Hastie Group, with Deloitte flagging its partners may claim privilege over certain parts of the accounting giant’s evidence.

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