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GetSwift class actions to learn their fate, and lawyers watch closely
Article 2018-05-22 4:47 pm By Christine Caulfield Melbourne

A decision on the fate of three class actions against logistics software company GetSwift is set for Wednesday, and counsel behind the competing cases aren’t the only lawyers waiting with baited breath.

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Judge bars ASX from delisting Chinese food retailer Winha
Article 2018-05-22 3:54 pm By Christine Caulfield Melbourne

China-based food retailer Winha Commerce has secured an interim court injunction barring the Australian Stock Exchange from delisting the company after the exchange issued queries to all Chinese listed companies about problems converting the renminbi.

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Judge throws out S&P damages expert in CDO trial
Securities 2018-05-22 3:37 pm By Cat Fredenburgh Melbourne

A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.

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ACCC awaits judgment in Pfizer misuse of market power appeal
Allens 2018-05-22 12:43 pm By Cat Fredenburgh Melbourne

The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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Toys ‘R’ Us Australia goes into voluntary administration
Restructuring & Insolvency 2018-05-21 11:56 pm By Christine Caulfield Melbourne

Just two months after the retailer announced it would close down all of its US and UK stores, the Australian unit of Toys ‘R’ Us has announced it has gone into voluntary administration.

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TWU can’t stall $270k penalty for lax record keeping
Appeals 2018-05-21 11:46 pm By Cat Fredenburgh Melbourne

The Transport Workers Union has lost its bid for a stay of a court order that it pay a $270,000 penalty for allegedly keeping almost 21,000 lapsed members on its register and failing to keep copies of records. 

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IP Australia shuts down another coffee capsule patent
Andrew Musgrave 2018-05-21 11:11 pm By Miklos Bolza Sydney

For the third time this year, IP Australia has upheld a challenge to a coffee capsule patent, finding that the patent, owned by a unit of German food giant Kruger, was not inventive.

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Former Freenet director hit with fraud charges
Technology 2018-05-21 10:49 pm By Cat Fredenburgh Melbourne

Australia’s corporate regulator has brought fraud charges against the former director of failed internet company Freenet, alleging he took money from the company and used false invoices to conceal the theft. 

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Norton Rose, ex-partner head to trial after mediation fails
Employment 2018-05-21 9:58 pm By Miklos Bolza Sydney

A thorny dispute between Norton Rose Fulbright and former employment partner Thomas Martin will head to trial after the Federal Court heard Monday that “all attempts at mediation have failed”.

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CFMEU official John Lomax wins AFP payout over blackmail charges
Article 2018-05-21 9:20 pm By Christine Caulfield Melbourne

The Australian Federal Police has settled a malicious prosecution case brought by former CFMEU organiser John Lomax over blackmail charges against the union official that were dropped just months later.

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