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No jackpot for Aristocrat, with High Court split on computer-implemented inventions
Appeals 2022-08-17 11:12 pm By Cindy Cameronne Sydney

Gaming giant Aristocrat Technologies has lost its legal challenge to a decision that rejected a patent for its popular Lightning Link electronic poker machine, after six High Court Justices were equally split on whether it could be patented.

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GetSwift shareholder class action settlement has ‘collapsed’, judge says
Alan Shearer 2022-08-17 1:12 pm By Cindy Cameronne Sydney

A judge overseeing a shareholder class action against GetSwift has said the settlement and company itself have “collapsed” after the logistics business went into liquidation and failed to make the last of the upfront payments due under the deal’s $1.5 million cash component.

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Arrium class action fights $8M security bid, says directors not owed costs of ‘Rolls Royce’ defence
Accounting 2022-08-16 11:51 pm By Sam Matthews

Shareholders in a class action against Arrium and KPMG are fighting an $8 million security for costs order sought by former directors of the failed steel giant, who say they should not be forced to defend the case “on a shoestring.”

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Money transfer biz director retreats from credibility attack on key witness in cartel case
ACCC 2022-08-16 1:40 pm By Cindy Cameronne Sydney

The director of a money transfer business accused of fixing foreign exchange rates has filed a defence attacking the credibility of the federal prosecutor’s key witness, but his new lawyer says the attack might not be maintained at trial.  

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Scotch Whiskey Association wins permanent ban against importer
Food and Beverage 2022-08-16 5:42 pm By Sam Matthews Melbourne

An Australian food and drink importer has been permanently banned from falsely using the words ‘Scotch’ and ‘Scotch Whisky’, after being sued by The Scotch Whisky Association for “flagrant” copyright infringement.

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Judge approves $52M settlement in Takata airbags class actions
Allens 2022-08-15 11:38 pm By Cat Fredenburgh

A judge has approved a $52 million settlement is six class actions against car makers for allegedly selling cars fitted with deadly Takata airbags, under which individuals group members will get around $600 after $31.7 million in expenses is deducted.

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Citigroup judge calls out ‘complex and arcane’ criminal cartel laws
Competition & Consumer Protection 2022-08-15 11:17 pm By Cat Fredenburgh

The judge who oversaw a discontinued criminal cartel case over a $2.5 billion ANZ share placement has bemoaned Australia’s overly complex criminal cartel laws, noting prosecutors stumbled in advancing the indictment despite the case involving a “not particularly complex” set of facts.

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Fintech takes AMEX to court over BPAY contract
Contracts 2022-08-12 11:41 pm By Cindy Cameronne Sydney

Brisbane fintech Sniip Limited has filed a lawsuit against American Express Australia, claiming millions in damages after the payments giant allegedly breached a contract to provide card members with BPAY bill payments services. 

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Peter Dutton wants to grill lawyer on possible ‘sham bills’ in defamation spat
Appeals 2022-08-12 11:36 am By Sam Matthews Melbourne

Opposition leader Peter Dutton has questioned a costs agreement between refugee activist Shane Bazzi and his solicitors in a defamation dispute, raising the possibility that “sham bills” may have been provided to the court to assess the costs to which Bazzi is entitled for his successful appeal.

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Google cops $60M penalty in location data privacy case
ACCC 2022-08-12 11:22 am By Cindy Cameronne Sydney

Google has agreed to pay a $60 million penalty in proceedings brought by the Australian Competition and Consumer Commission alleging the tech giant misled users about the collection and use of their location data.

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