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Judge crushes Monster Energy’s opposition to monster wheel trade marks
Bruce Caine 2019-06-21 10:05 pm By Cat Fredenburgh

A judge has allowed a company associated with leading tyre retailer Bob Jane T-Mart to register three trade marks for its brand of Monster alloy wheels, dismissing claims from US energy drink giant Monster Energy that allowing the registration would lead to confusion.

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Investors can’t revive class action over Octaviar collapse
Adam Hochroth 2019-06-21 9:27 pm By Miklos Bolza

An appeals court has tossed a challenge to the dismissal of an investor class action against the Public Trustee of Queensland over a failure to predict the 2008 collapse of Gold Coast-based finance group Octaviar, finding that the class had run a case based on allegations outside of its claims.

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Hundreds of privileged advice docs accidentally disclosed in Radio Rentals class action
Class Actions 2019-06-21 6:59 pm By Amelia Birnie

Lawyers for Radio Rentals are trying to take back hundreds of potentially privileged documents in a consumer class action over the company’s ‘Rent, Try, $1 Buy’ program, after they were accidentally disclosed as a result of an IT redaction error.

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Quintis shareholders can choose which of two class actions is a better bet
Bennett + Co 2019-06-21 12:02 pm By Christine Caulfield

Shareholders of troubled sandalwood producer Quintis who are eligible group members in two consolidated class actions against the company can bet on which of the two cases will give them the best returns, if any, and the Federal Court has appointed an independent lawyer to help them make the choice.

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Ex-James Estate Wines boss takes another shot at ANZ in $14M dispute
Allens 2019-06-20 9:27 pm By Amelia Birnie

Failed winemaker David James has launched a fresh bid to overturn a $14 million judgment for ANZ against him, telling a court he is still pursuing the bank after six years because the dispute has “taken his life’s work”.

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Funder takes all in Equititrust settlement with KPMG, creditors get nothing
Accounting 2019-06-20 9:10 pm By Miklos Bolza

The approval of a settlement between the liquidators of failed fund manager Equititrust and auditor KPMG has been postponed to allow time to notify creditors and unitholders that they won’t see a cent, an outcome the judge called “a long way from litigation in any traditional sense”.

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Employees are priority creditors of insolvent trading trustees, High Court rules
Appeals 2019-06-20 9:08 pm By Miklos Bolza

The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading trust have priority over ordinary unsecured creditors.

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Mystery woman emerges as potential source of ‘industrial espionage’ against Motorola
Cameron Moore 2019-06-19 9:05 pm By Amelia Birnie

The potential source of alleged “industrial espionage” in Motorola’s case against Hytera over the intellectual property for its digital radio mobile devices has been revealed as a mystery woman with two laptops that contained a “very large number of Motorola documents”, a court has heard.

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Ex-HWL Ebsworth lawyer admitted errors in Sydney land tender, court hears
Coleman Greig Lawyers 2019-06-19 8:13 pm By Amelia Birnie

A court has heard a former HWL Ebsworth property lawyer admitted to errors in a due diligence report missing crucial flood risk information that is at the centre of a trial over a $28.5 million sale of Crown-owned land in Sydney.

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ASIC seeks $36M penalty against AMP unit in insurance churn case
AMP 2019-06-19 5:13 pm By Miklos Bolza

The Australian Securities and Investments Commission has asked a court to impose penalties of up to $36 million on an AMP subsidiary for failing to take reasonable steps to stop its representatives from churning life insurance policies.

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