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Arrow drops opposition to Novartis patent for MS drug, despite win before IP Australia
Appeals 2020-10-12 2:35 pm By Miklos Bolza Sydney

The Federal Court has upheld Novartis’ appeal of a ruling revoking its patent for an oral form of multiple sclerosis drug Gilenya, after Australian generic drug maker Arrow Pharmaceuticals dropped its opposition to the patent despite prevailing before IP Australia.

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Noni B owner fights ACMA bid for docs over potential Spam Act violations
ACMA 2020-10-12 2:20 pm By Cat Fredenburgh Melbourne

Mosaic Brands has taken the Australian Communications and Media Authority to court, alleging a request for documents based on suspected Spam Act violations is invalid.

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High Court won’t hear Rokt appeal on software patentability
Appeals 2020-10-08 9:53 pm By Cat Fredenburgh Melbourne

The High Court has declined to weigh in on the patentability of software, rejecting e-commerce company Rokt’s bid for review of a decision striking down its marketing invention.

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GetSwift faces scrutiny over shareholder disclosures ahead of planned Canada move
ASIC 2020-10-08 7:06 pm By Christine Caulfield Melbourne

ASIC and the applicant in a class action against GetSwift have intervened in an application by the logistics provider to relocate its headquarters to Canada, aiming to ensure shareholders are aware of the potential outcomes of the regulator’s enforcement action, which include banning orders against directors Bane Hunter and Joel Macdonald.

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Alsco proposal for Spotless may not wash with ACCC
ACCC 2020-10-08 4:17 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has raised concerns about Alsco’s proposed acquisition of commercial laundry business Spotless Garments, saying the combined entity would have few large competitors.

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iSelect to pay $8.5M for misleading consumers about energy plans
ACCC 2020-10-08 3:00 pm By Cat Fredenburgh Melbourne

A court has ordered comparison website iSelect to pay $8.5 million in penalties for making misleading representations through its online electricity comparison service and pushing plans to consumers that were not necessarily best suited for them.

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ASIC drops investigation into company that filed $10M defamation lawsuit
Andrew Harding 2020-10-07 5:09 pm By Miklos Bolza Sydney

The Australian Securities and Investments Commission has dropped its investigation into trading firm Select Vantage, which brought an unsuccessful $10 million defamation suit against the regulator.

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McMillan Shakespeare settles class action over ‘illusory’ car warranties
ASIC 2020-10-05 10:46 pm By Cat Fredenburgh Melbourne

McMillan Shakespeare has settled a class action alleging one of its units engaged in unfair tactics and unconscionable conduct in the sale of car warranties that offered “no benefit or value” to consumers.

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ANZ to pay $10M for unconscionable conduct in charging illegal bank fees
ANZ 2020-10-02 3:09 pm By Christine Caulfield Melbourne

A judge has ordered Australia and New Zealand Banking Group to pay $10 million in penalties after finding that the bank engaged in unconscionable conduct and breached its obligations by slugging customers $3 million in periodic payment fees it was not entitled to charge.

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Employsure defeats ‘untenable’ ACCC case over Google ads, keywords
ACCC 2020-10-01 6:34 pm By Miklos Bolza Sydney

The ACCC has lost its case against Employsure alleging the specialist workplace relations consultancy duped small businesses into signing long-term contracts via several Google ads that promised free workplace advice which appeared to be government-affiliated.

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