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‘Serious breach of trust’: ACCC wins appeal in Google ads case against Employsure
ACCC 2021-08-13 4:43 pm By Bianca Hrovat Sydney

The Australian Competition and Consumer Commission has won a challenge to a ruling that tossed its case against specialist workplace relations company Employsure, with an appeals court finding the regulator was right that the company had misled small businesses into signing long term contracts via Google ads that appeared to be government affiliated.

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Judge finds Phoenix Institute treated vulnerable customers with ‘callous indifference’
ACCC 2021-08-13 4:26 pm By Miklos Bolza Sydney

A judge has found collapsed education provider Phoenix Institute acted unconscionably and with “callous indifference” by enticing vulnerable consumers to enrol in unsuitable courses with promises of free laptops.

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Bank of Queensland’s small business contracts were unfair, court finds
ASIC 2021-08-13 5:11 pm By Bianca Hrovat Sydney

Small business owners who turned to the Bank of Queensland for financial assistance were subject to unfair contract terms that created a “significant imbalance” in the rights of the bank and its customers, a court has held.

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Court throws out Merck Sharp & Dohme’s Januvia patent extension
Australian Government Solicitor 2021-08-12 2:29 pm By Miklos Bolza Sydney

The Federal Court has dealt US drug giant Merck Sharp & Dohme a devastating blow, overturning an “untenable” patent term extension which would have protected the monopoly of its multibillion-dollar Januvia and Janumet diabetes drugs beyond July 2o22.

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$2M lawsuit against UNSW puts spotlight on whether tenured professors can be sacked
ACCC 2021-08-12 3:06 pm By Bianca Hrovat Sydney

A former tenured professor is seeking $2 million from the University of New South Wales, alleging she was terminated after making complaints about discrimination, bullying and misuse of her intellectual property.

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Forum directors funnelled millions to buy luxury cars, jewellery and racehorses, court told
Allens 2021-08-11 7:11 pm By Miklos Bolza Sydney

Westpac has released further details of its fraud claim against Bill Papas, founder of the Forum Group of Companies, painting a picture of an elaborate scheme to misappropriate $254 million to buy real estate, jewellery, luxury cars, racehorses and European football teams.

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Baker McKenzie negligent in advising on Chinese lender’s failed Aussie launch, court hears
APRA 2021-08-11 3:57 pm By Cindy Cameronne Sydney

Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.

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Apple asks High Court to undo ‘radical’ Epic Games decision
ACCC 2021-08-10 3:10 pm By Cat Fredenburgh Melbourne

The Full Federal Court took a “radical” and unorthodox approach with far-reaching consequences by keeping Apple’s competition dispute with Fortnite game maker Epic Games in Australia, the Silicon Valley giant has told the High Court.

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Senate passes controversial changes to continuous disclosure laws
ASIC 2021-08-10 6:49 pm By Bianca Hrovat Sydney

Controversial legislation advanced by the Morrison government that will weaken the country’s continuous disclosure laws and make it harder to bring shareholder class actions has cleared the Senate.

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TerraCom files court action to keep PwC report from ASIC investigators
Article 2021-08-09 2:08 pm By Christine Caulfield Melbourne

Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to “serious allegations” by a former employee over the falsification of coal quality results.

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