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ACCC loses coal tender cartel case, but reasons suppressed
Article 2018-07-06 10:10 pm By Miklos Bolza Sydney

The Australian Competition & Consumer Commission’s high profile case alleging cartel conduct and bid rigging for mining exploration licences in NSW was dismissed by the Federal Court on Friday, but the reasons for dismissal may not be known for another year.

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Full Court tosses appeal in copycat case over sheep placenta oil
Article 2018-07-06 9:38 pm By Christine Caulfield Melbourne

Australian drug company Homart Pharmaceuticals has lost an appeal of a ruling that found the packaging of its bio-placenta skin care oil was intentionally and deceptively similar to a rival’s get-up, in breach of the consumer law.

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Ford class action lawyers want ban on car maker talking to drivers
Article 2018-07-06 3:36 pm By Christine Caulfield Melbourne

The law firm leading a consumer class action against Ford wants a court order barring the car giant from communicating with the class about their individual claims and wants to know which, if any, group members it’s already spoken to.

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Global biotech CSL loses appeal after sacking sick employee
Article 2018-07-05 11:36 pm By Miklos Bolza Sydney

Biotech giant CSL has lost its challenge to a Fair Work Commission decision that found it unfairly sacked one of its workers deemed too sick to carry on with his duties.

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Class seeks to slash Quinn Emanuel, Vannin’s fees by millions
Article 2018-07-04 10:52 pm By Miklos Bolza Sydney

The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have their costs slashed by millions of dollars, saying their fees left little of the settlement for group members.

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ASIC opens Whitebox trial, keeps judge on toes
Article 2018-07-02 11:06 pm By Miklos Bolza Sydney

The trial in ASIC’s complex share market manipulation action against Whitebox Trading began Monday, with an opening submission by the corporate regulator that at times had even the presiding judge scratching his head.

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V Energy maker sees red, loses colour trademark battle with Coke
Article 2018-07-02 10:39 pm By Christine Caulfield Melbourne

The maker of V Energy drinks has lost a fight to trademark the shade of green used on its cans and labels, with a judge agreeing with rival Coca-Cola that the colour was descriptive, not distinctive.

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Commonwealth Bank hit with new class action over money-laundering breaches
Article 2018-07-02 4:00 pm By Cat Fredenburgh Melbourne

Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.

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Business as usual as Clayton Utz reps AMP in ASIC case
Article 2018-07-02 1:11 pm By Christine Caulfield Melbourne

Clayton Utz, the law firm that faced scrutiny over the independence of a report it authored for AMP, is representing the wealth manager in ASIC’s case over so-called insurance churning.

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Dover founder leaves financial services industry for good
Article 2018-06-29 11:01 pm By Christine Caulfield Melbourne

The founder of Dover Financial Advisers will never work in the industry again, he has told the Australian Securities and Investments Commission as part of a court-enforceable undertaking that also strips the firm of its operating licence.

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