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Judge erred in finding AI can be patent inventor, Full Court says
Allens 2022-04-14 3:39 pm By Miklos Bolza Sydney

The Full Court has overturned a landmark judgment which found artificial intelligence can be named as an inventor on patent applications, in a decision which brings Australia in line with findings from courts in the UK, US and EU.

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Aurizon wins share capital dispute over $4.4B loan during 2010 float
Allens 2022-04-13 3:09 pm By Miklos Bolza Sydney

Rail freight operator Aurizon has triumphed in a tax dispute with the ATO, with a court finding that credit for a $4.4 billion loan by the Queensland government made during an initial public offering in 2010 was share capital despite no shares being issued to the state government.

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Teens won’t take climate change class action to High Court
Appeals 2022-04-12 3:21 pm By Miklos Bolza Sydney

An appeals court’s finding that the federal government does not owe a duty of care to Australian kids to protect them from the effects of climate change will stand after the lead applicants declined to take the matter to the High Court.

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PwC can’t ‘rout’ documents through ‘postbox’ lawyer to secure privilege, court finds
Accounting 2022-04-06 5:52 pm By Miklos Bolza Sydney

Advice from non-lawyers and “routed” through a legal practitioner at multidisciplinary partnership PricewaterhouseCoopers cannot be shielded under legal professional privilege, the Federal Court has found.

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High Court deals blow to trust beneficiaries in victory for ATO
Appeals 2022-04-06 5:43 pm By Cindy Cameronne Sydney

The ATO has won a legal challenge over when it can claim tax from trust income, with the High Court finding beneficiaries cannot “retrospectively expunge” their entitlements to the proceeds of a trust despite the potential “unfairness” this creates.

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Mercedes-Benz to argue Takata airbags recall was invalid
Australian Government Solicitor 2022-04-01 1:39 pm By Cat Fredenburgh Melbourne

Mercedes-Benz will defend ACCC proceedings alleging it exposed consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags by arguing the recall was invalid.

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PwC can’t claim privilege over all advice to JBS, judge finds
Accounting 2022-03-25 10:57 am By Miklos Bolza Sydney

A judge has rejected the Australian Taxation Office’s claim that legal professional privilege does not apply to any communications between PricewaterhouseCoopers and its client, meat processor JBS, but has found that many of the reviewed documents do not satisfy the test of privilege.

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SingTel can’t salvage $190,000 in transfer pricing deductions on $14.2B Optus buy
ATO 2022-03-24 4:44 pm By Miklos Bolza Sydney

SingTel has been blocked from making $190,000 in tax deductions after the Australian Taxation Office won its Federal Court case against the Singaporean teleco over transfer pricing benefits related to the $14.2 billion acquisition of Optus.

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Law firm’s bill for distributing Robodebt class action settlement cut by $1M
Article 2022-03-24 1:01 pm By Christine Caulfield Melbourne

A judge has ordered that $1.27 million be set aside to cover the costs of the law firm administering the settlement in the class action over the federal government’s Robodebt scheme, cutting about $1 million from the figure sought.

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Torres Strait Islanders lay out duty of care claims in climate class action
Alicia Lyons 2022-03-21 2:10 pm By Miklos Bolza Sydney

The lead applicants in a class action by Torres Strait Islanders have detailed their argument for why the federal government has a duty of care to protect them from the effects of climate change, following a Full Court judgment that shot down the duty of care argument in a class action by Australian teenagers.

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