Competition & Consumer Protection
Coles says discount policies justified at time of ‘dramatic’ inflation
Coles has told a court that its decision to change its discount policies was unsurprising during a period of significant inflation, denying claims by the ACCC that its ‘Down Down’ promotions were misleading.
Class Actions
AMP super members get half of $120M class action settlement
AMP super members are set to receive $60 million in a class action stemming from the banking royal commission, with the average payout being under $100, a judge has heard.
Intellectual Property
Bayer loses challenge to Cipla patent extension after lawyer error
Bayer and Teva have lost their challenge to Indian drug maker Cipla’s extension of its patent for an allergy medication, with IP Australia finding a failure to pay renewal fees on time was due to a genuine error.
Class Actions
Class action against CMC Markets can add personal advice claim
A class action against CMC Markets got the go-ahead Thursday to add new claims in its case centred on risky financial products, after trawling through 27,000 documents produced by the trading platform.
Restructuring & Insolvency
Injury firm can bolster defence in defunct funder’s $2M case
A personal injury law firm can beef up its defence in a case brought by the receivers of collapsed litigation funder JustKapital, who claim the firm owes $2 million in fees and interest for disbursement financing.
Business of Law
Allens appoints new managing partner
Allens has appointed Marc Kemp to replace Richard Spurio as managing partner after more than a decade of leadership.
Business of Law
White & Case nabs KWM corporate partner
White & Case has lured a partner from King & Wood Mallesons with more than 20 years of experience working on private equity and mergers and acquisitions.
Class Actions
‘The dead are many’: Traditional owners file class action over Wittenoom asbestos waste
Traditional land owners in the central Pilbara have filed a class action to force the removal of dumped asbestos waste, some 60 years after the Wittenoom asbestos mines closed and the town was struck from the map.
Class Actions
Quinn Emanuel ducks $24M security in hotel quarantine class action
A judge has ordered the firm behind a class action over Victoria's COVID-19 hotel quarantine program to pay another $3.6 million in security for costs, a far cry from the $24 million sought by the state to cover its outlay.
Trials
Not Down Down, but Up Down: ACCC says Coles hiked prices before drop
Coles increased prices on hundreds of products only as part of a plan to later mark them with a ‘Down Down’ promotion, despite the price being lower only weeks before, the ACCC has argued.
