Regulating third-party litigation funders gets a resounding yes, but experts are divided on removing the ban on contingency fees and other recommendations for reforming the class action regime. Lawyerly spoke to defence and plaintiff-side lawyers, as well as funders, for their take on the recent proposals, and five major talking points emerged.
The Australian Competition and Consumer Commission is seeking special leave from the High Court to appeal a ruling in a case alleging drug giant Pfizer misused its market power ahead of the expiration of its patent for Lipitor.
Unlockd’s administrators are weighing whether and how to continue the failed company’s legal fight with Google and have won a reprieve from a second meeting of creditors while they consider the options, which include third-party litigation funding.
The Fair Work Ombudsman lost its argument for $4.1 million in penalties against the CFMMEU for industrial action at shipping terminals in Sydney and Brisbane, with a judge instead fining the union just $38,000.
Toys ‘R’ Us Australia will wind down after all potential buyers pulled out of purchasing the failed toy retailer, administrators said Wednesday.
A judge has served up a loss for Domino’s Pizza in its ongoing IP battle with Australian tech startup Precision Tracking, dismissing the company’s bid to bolster its case with an Uber patent.
An Australian acai berry company has hit back at accusations it co-opted the pioneering narrative of US acai berry bowl maker Sambazon to promote a competing business.
A lawyer for two sacked CFMEU officials has accused Australia’s biggest union of “bleeding dry” his whistleblower clients after it vowed in court Tuesday to fight the consolidation of three cases against it.
The Australian Government has revealed its “knockout claim” in an international IP dispute, accusing the Royal Canadian Mint of invalidating its own patent for printed coins by distributing the coins prior to the patent being filed.
NetComm Wireless has settled a suit brought by Corning Optical Communications alleging broadband technology used in the National Broadband Network rollout infringes on an innovation patent.