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Maurice Blackburn loses appeal over ATO bill on Black Saturday class action payout
Appeals 2019-02-28 2:11 pm By Christine Caulfield

Maurice Blackburn has lost a long-running fight with the Australian Taxation Office over a tax bill on two massive class action settlements secured by the firm for thousands of Black Saturday bushfire victims.

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Apartment provider drops case against Hilton over ‘Waldorf’ trade mark
Allens 2019-02-28 1:48 pm By Cat Fredenburgh

A serviced apartments provider has discontinued its appeal of a ruling that blocked it from trade marking the phrase “Waldorf Apartment”, after Hilton Worldwide — which owns New York’s iconic Waldorf Astoria hotel – opposed the move.

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Owners of $5.8M Eureka Tower apartment win damages for 130-week fitout delay
Construction 2019-02-28 12:26 pm By Miklos Bolza

The Victorian Supreme Court has awarded a couple $145,000 in damages from a construction firm that denied them access to their brand new $5.8 million apartment and art gallery in Melbourne’s Eureka Tower for 130 weeks.

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Funder asks High Court to take another look at $64M Banksia settlement
Appeals 2019-02-27 11:15 pm By Cat Fredenburgh

A litigation funder wants the High Court to review a court decision’s to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder’s commission and legal fees.

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Lundbeck earned $51.7M in settlements with generic makers over Lexapro patent
Clayton Utz 2019-02-27 10:09 pm By Christine Caulfield

Danish pharmaceutical giant Lundbeck secured $51.7 million in settlements to end infringement litigation with three generic makers over its patent for the top-selling Lexapro, the company has revealed.

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Litigation funders slugged with cost of jurisdictional battle over AMP class actions
Class Actions 2019-02-27 9:21 pm By Miklos Bolza

A state judge has ordered the litigation funders behind a group of federal class actions against AMP to pay the legal costs of their failed transfer applications, saying while he could not make the applicants pay, he could compel the funders to cough up the money.

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Otsuka can press ahead with ‘inconsistent’ defences in Abilify patent dispute
Allens 2019-02-27 8:38 pm By Miklos Bolza

Otsuka Pharmaceuticals and Bristol Myers-Squibb can retain their defences in an ongoing patent dispute over antipsychotic drug Abilify, after the Federal Court dismissed a strike out bid by the Commonwealth of Australia over the allegedly “inconsistent” pleadings.

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Westpac unit RAMS breached franchise agreement, court finds
Allens 2019-02-27 6:11 pm By Miklos Bolza

Westpac-owned mortgage lender RAMS Financial Services breached a franchise agreement by failing to supply a Brisbane-based franchisee with information about nearby broker-originated customers, a judge has found.

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Judge pauses Lendlease demolition of $729M Allianz Stadium
Construction 2019-02-27 4:02 pm By Cat Fredenburgh

Construction giant Lendlease has been temporarily restrained from beginning major demolition work for the Allianz Stadium redevelopment in Sydney until a judge rules on two legal challenges to the $729 million project.

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NAB wasn’t powerless to alter credit card insurance policies, class says
Class Actions 2019-02-26 9:47 pm By Cat Fredenburgh

The lead plaintiff in a class action alleging National Australia Bank pushed worthless credit card insurance onto its customers is disputing the bank’s claims that it had no power to negotiate the terms of the policies.

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