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Virgin Australia may face class action over 2019 prospectus
Class Actions 2022-02-22 6:55 pm By Sam Matthews

Virgin Australia is facing a shareholder class action investigation over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, issued six months before the airline filed for administration.

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Aussie fashion designer suing Katy Perry a ‘calculating and dishonest’ witness, court hears
Christian Dimitriadis 2022-02-16 10:34 pm By Cat Fredenburgh

An Australian fashion designer suing Katy Perry over the rights to use the Katy Perry trade mark in Australia is a “calculating and dishonest witness” whose “utterly dishonest” testimony should not be believed, counsel for the pop star said during closing submissions.

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Tireless defence by lawyers felled criminal cartel case against banks
Allens 2022-02-11 11:20 am By Cat Fredenburgh

From a lengthy committal hearing challenging the ACCC’s investigatory techniques to repeated attacks on the prosecution’s indictment, an indefatigable team of barristers and lawyers across eight law firms helped bring an end to the four-year long pursuit of criminal cartel charges against three banks and six individuals over a $2.8 billion ANZ share placement.

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Google can’t shut down Epic Games’ misuse of market power case
Chester Brown 2022-02-04 7:24 pm By Sam Matthews

Google has failed in its bid to stay a competition lawsuit brought by Epic Games, after failing to show that the Fortnite game maker would not be disadvantaged if the case were heard in California instead.

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Meta, Instagram lose appeal bid to arbitrate startup’s competition case
Competition & Consumer Protection 2022-02-04 1:58 pm By Christine Caulfield

An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.

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Reckitt-Benckiser asks High Court to overturn decision on Maxigesic ads
Alastair Vincent 2022-02-03 1:27 pm By Cat Fredenburgh

Consumer goods giant Reckitt-Benckiser is seeking special leave from the High Court to challenge a Full Court judgment that overturned a finding that AFT Pharmaceuticals ads’ for its painkiller Maxigesic were misleading.

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In ME Bank case, ASIC argues clock doesn’t run on serious corporate crime
Appeals 2022-01-31 7:44 pm By Bianca Hrovat

The Australian Securities and Investments Commission is challenging a ruling that threw out half the criminal charges against direct bank Members Equity, arguing the statute of limitations doesn’t apply to serious corporate misconduct.

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Corrs boosts energy team with pickups from Allens, Shearman & Sterling
Business of Law 2022-01-27 1:16 pm By Bianca Hrovat

Corrs Chambers Westgarth has bolstered its energy and natural resources practice with the appointment of two new partners, former Allen’s partner Tracey Greenaway and London transplant Anthony Lepere, formerly of Shearman & Sterling.

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Nut having it: M&M maker Mars taken to court in trade mark stoush
Corrs Chambers Westgarth 2022-01-27 12:25 pm By Cindy Cameronne

The world’s largest macadamia grower has launched an appeal of an IP Australia decision that found its logo mark was deceptively similar to US confectionary giant Mars’ trade marks for its flagship candy M&Ms.

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CIMIC unit hits back at underpayments class action, says workers ‘overpaid’
Cimic 2022-01-24 5:34 pm By Cindy Cameronne

Engineering company UGL Limited has denied wrongdoing in a class action on behalf of casual aluminium construction and manufacturing workers who were allegedly underpaid for over three years, saying they were, in fact, overpaid.

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