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Mars keeps MM mark away from chocolate in trade mark settlement
Baker McKenzie 2022-03-14 11:08 am By Miklos Bolza Sydney

A judge has signed off on a settlement in a trade mark spat between M&M candy maker Mars and the world’s largest macadamia grower, Macquis Macadamias, under which Marquis will no longer seek to register its MM mark for chocolate bars.

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Settlement talks in Astora pelvic mesh class action ‘well advanced’
AJB Stevens 2022-03-03 9:57 pm By Miklos Bolza Sydney

Settlement talks in a class action brought by Shine Lawyers against Astora Women’s Health on behalf of women injured by allegedly defective pelvic mesh products are “well advanced”, while mediation in two similar actions is ongoing, a court has heard.

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GetSwift says stock price drop didn’t prove ‘materiality’ of ASX statements
Alan Shearer 2022-02-24 10:22 pm By Sam Matthews Melbourne

Logistics company GetSwift will argue on appeal that a judge who found the company took a “PR-driven approach” to ASX statements was wrong in his assessment of whether those statements contained material omissions.

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GetSwift appeals judgment scathing of ‘PR-driven’ approach to disclosures
Alan Shearer 2022-02-22 10:28 pm By Christine Caulfield Melbourne

Logistics company GetSwift and its directors are appealing a win for ASIC in the regulator’s case that alleged they breached their continuous disclosure obligations and engaged in misleading and deceptive conduct in the release of 22 ASX announcements.

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Funder may walk if 40% group costs order rejected in Arrium class action
Ashurst 2022-02-22 9:33 pm By Miklos Bolza Sydney

A funder that’s helping foot the bill in a class action against Arrium’s former directors and KPMG may withdraw support if the law firm that’s running it is not granted an order awarding it 40 per cent of any award or settlement.

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Fitness chain F45 loses patents for computer-run workout system
Baker McKenzie 2022-02-15 12:56 pm By Cat Fredenburgh Melbourne

A judge has revoked two patents held by national fitness chain F45 for a computer-run trainer workout system.

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Arrium shareholders in class action can’t access full KPMG audit file
Accounting 2022-02-04 1:59 pm By Cat Fredenburgh Melbourne

Shareholders in a class action against failed steel giant Arrium and KPMG have lost their bid for KPMG’s complete audit file for Arrium to probe the Big Four accounting firm’s handling of the steel producer’s financial statements before its collapse in April 2016.

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Gilbert + Tobin nabs climate change ace from Baker McKenzie
Ashurst 2022-02-03 10:47 pm By Cat Fredenburgh Melbourne

A leading climate change lawyer at Baker McKenzie has made the jump to Gilbert + Tobin, less than a year after the US firm’s renewable energy practice lost its global co-head and two partners to another Big Six firm.

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Astora Health says $27M best bet for class action members, warns of ‘financial difficulties’
Baker McKenzie 2022-02-01 12:50 pm By Cat Fredenburgh Melbourne

Astora Women’s Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that “financial difficulties” may prevent it from meeting any judgment if the case succeeds at trial.

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Arrium lenders hit with extra costs after rejecting $10M settlement offers
Amy Munro 2022-01-07 11:27 am By Bianca Hrovat Sydney

A group of banks that failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse have been ordered to pay indemnity costs after a court found they rejected $10 million settlement offers three days into the trial.

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