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Class action lawyers await guidance from courts on impact of continuous disclosure reforms
Class Actions 2021-08-25 5:57 pm By Miklos Bolza Sydney

Reforms by the Morrison government passed earlier this month weakening continuous disclosure obligations will spur corporate defendants to engage in “expensive interlocutory warfare” to shut down class actions right off the bat, and plaintiffs lawyers are waiting to see how the courts interpret the new laws to determine these early strike-out fights.

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Full Court confirms no statutory liability for infringement by authorisation
Expert Insights 2021-08-25 3:11 pm By WP Creative

In a recent decision, the Full Federal Court confirmed that a trade mark owner who merely authorises use of its trade mark cannot be subject to liability for direct trade mark infringement under section 120(1) of the Trade Marks Act, writes Shelston IP’s Kathy Mytton and Sean McManis.

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Insurers want to stay COVID-19 insurance class actions
Allens 2021-08-24 4:26 pm By Bianca Hrovat Sydney

Insurers Lloyds Australia and QBE want class actions by policyholders who were denied business interruption coverage for COVID-related shutdowns stayed until a related test case in the Federal Court is decided.

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Innovation patents: the end is nigh
Expert Insights 2021-08-23 4:29 pm By WP Creative

New standalone innovation patents will no longer be able to be filed after 25 August 2021. Patentees who wish to benefit from the innovation patent system must take steps to ensure that any complete application for an innovation patent or a standard complete application (from which they could divide out later) be filed on or before 25 August 2021, say James Lawrence and Dominique Blik of Mills Oakley.

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Bar Association defends judges’ impartiality in face of ‘misleading’ bias analysis
Business of Law 2021-08-23 4:05 pm By Bianca Hrovat Sydney

The Australian Bar Association has criticised “flawed” methodology used to analyse the competency of judges, weighing in on controversy over the Australian Law Reform Commission’s handling of a submission to its judicial impartiality inquiry.

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ACCC chief warns Google, Apple of more regulation to come
ACCC 2021-08-19 3:14 pm By Bianca Hrovat Sydney

The Australian Competition and Consumer Commission is investigating whether new legislation is needed to address the impact of dominant digital platforms such as Google and Apple, as the regulator’s overseas counterparts usher in bills aimed at cracking down on anticompetitive behaviour.

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Former Citigroup boss escapes ANZ cartel case as prosecutors slash charges
ABC 2021-08-17 11:33 pm By Christine Caulfield Melbourne

Prosecutors have withdrawn two-thirds of the charges in a criminal cartel case over a $2.5 billion ANZ share placement and have dropped their case against former Citigroup CEO Stephen Roberts, according to a lawyer in the case.

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ACCC wins $1.5M penalty against sporting goods retailer Decathlon
ACCC 2021-08-17 10:01 pm By Bianca Hrovat Sydney

International sporting goods giant Decathlon has been ordered to pay a $1.5 million penalty for selling hundreds of basketball hoops and inflatable swimming pools that did not comply with mandatory safety standards.

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Ashurst beefs up financial regulation team with consumer credit ace from HWL Ebsworth
Ashurst 2021-08-16 7:01 pm By Bianca Hrovat Sydney

Ashurst is expanding its financial regulation practice with the appointment of consumer credit expert Hong-Viet Nguyen from HWL Ebsworth Lawyers.

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Use of CBA app for notice of $7M penalty in ASIC case not appropriate, judge says
Article 2021-08-16 2:50 pm By Christine Caulfield Melbourne

A judge has refused to order Commonwealth Bank of Australia to publish notice of a $7 million penalty in a case brought by ASIC on its mobile app, but the bank will have to alert customers to its misconduct on its website and online newsroom.

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