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Clive Palmer settles trade mark case over United Australia Party name
Alexander Law 2019-01-31 10:17 am By Christine Caulfield

Businessman Clive Palmer has successfully registered the United Australia Party name with the corporate regulator in what appears to be a settlement of his trade mark infringment suit against the expelled directors of another political party who had adopted the coveted moniker two years ago.

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Property spruiker Rick Otton drops appeal of record $6M fine
Competition & Consumer Protection 2019-01-30 9:54 pm By Christine Caulfield

We Buy Houses’ director Rick Otton has withdrawn his appeal of a ruling that slugged him with a $6 million fine for misleading property investors, the highest ever penalty imposed on an individual for breaches of the Australian Consumer Law.

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AIG appeals ruling in Kaboko Mining D&O coverage dispute
Appeals 2019-01-30 3:43 pm By Christine Caulfield

AIG Australia has appealed a decision that found it’s liable for covering four former directors being sued by collapsed Kaboko Mining after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.

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Court demands greater transparency from ASIC in AMP insurance case
Clayton Utz 2019-01-30 3:17 pm By Miklos Bolza

ASIC has been ordered to reveal the extent of its communications with experts that are compiling a report central to its case against AMP over alleged insurance churning by one of its former financial advisers.

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Lundbeck loses bid for damages increase in Lexapro patent case
Clayton Utz 2019-01-30 1:19 pm By Cat Fredenburgh

Denmark-based Lundbeck cannot recover damages for the alleged infringement of its Lexapro patent by generic drug companies that it dropped its claims against, a judge has found.

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Law Institute of Victoria sacked former GM for taking time off, lawsuit claims
Employment 2019-01-30 1:01 pm By Christine Caulfield

The former general manager of compliance at the Law Institute of Victoria has taken the peak legal body to court, alleging she was dismissed in breach of the Fair Work Act after taking sick leave.

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Full Court finds Nichia LED patent claims invalid
Allens 2019-01-29 10:54 pm By Cat Fredenburgh

The Full Federal Court has shot down a challenge by Japanese electronics company Nichia Corp. to a ruling that Arrow Electronics did not infringe its patent for a white light emitting device.

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ATO wins appeal in $82M tax spat with BHP over Singapore marketing hub
Appeals 2019-01-29 8:32 pm By Miklos Bolza

The Australian Taxation Office has successfully appealed an Administrative Appeals Tribunal decision in favour of BHP Billiton, leaving the mining giant with a hefty $82 million tax bill over its Singapore marketing hub.

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ACCC calls for $35M fine against Empower Institute
Competition & Consumer Protection 2019-01-29 3:46 pm By Miklos Bolza

The Australia Competition and Consumer Commission is seeking a $35 million penalty against Empower Institute after the court found the vocational trainer engaged in unconscionable conduct by “duping” customers into enrolling in courses they could not afford.

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CSIRO appeals ruling allowing changes to BASF GMO patent
FB Rice 2019-01-29 3:12 pm By Miklos Bolza

The CSIRO is appealing a decision by the Commissioner of Patents that allowed chemical giant BASF to amend its application for a genetically modified organisms patent.

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