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ME Bank could face $100M penalty in first of its kind criminal prosecution
Financial Services 2021-09-15 10:35 pm By Bianca Hrovat

Members Equity Bank faces a potential multi-million dollar fine if it is found guilty of misleading home loan customers in the first criminal prosecution under the consumer protection provision of the ASIC Act to be tried in the Federal Court.

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Puma launches appeal against Caterpillar trade mark decision
Intellectual Property 2021-09-15 11:17 pm By Bianca Hrovat

Sportswear brand Puma has launched an appeal against a Federal Court decision that found it’s ‘Procat’ trade mark was deceptively similar to US machinery manufacturer Caterpillar’s CAT marks.

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Ratepayers score first class action win in Queensland Supreme Court
Class Actions 2021-09-14 6:36 pm By Bianca Hrovat

A local government has been ordered to repay its residents the tens of thousands of dollars they spent on an invalid canal maintenance levy, in what was the first class action victory to be recorded in the Queensland Supreme Court.

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Class action probe results in redress scheme for women injured by disgraced doctor
Class Actions 2021-09-14 3:37 pm By Bianca Hrovat

Hundreds of women who suffered “chaos and devastation” at the hands of former surgeon Emil Gayed will be entitled to compensation after class action law firm Slater & Gordon negotiated with the state government to secure a redress scheme.

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‘Curious choice’ to sue PwC and not Baker McKenzie, judge says
Accounting 2021-09-13 2:00 pm By Bianca Hrovat

Chinese lender Aoyin must pay PricewaterhouseCoopers’ legal costs for a vacated trial after Aoyin’s eleventh hour decision to join Baker McKenzie to a $10 million cross-claim in a dispute concerning the accounting firm’s advice on its failed bid to launch the first Chinese incorporated bank in Australia.

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ACCC to probe Apple Pay restrictions on banks
Competition & Consumer Protection 2021-09-13 2:26 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make ‘tap and go’ payments through Apple Pay.

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ACCC says Qantas, Japan Airlines alliance could cause prices to soar
Competition & Consumer Protection 2021-09-13 5:06 pm By Bianca Hrovat

A proposed alliance between Qantas and Japan Airlines has failed to take flight after the Australian Competition and Consumer Commission said the coordination of flights between Australia, New Zealand and Japan could cause ticket prices to soar.

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Hog’s Breath Cafe says franchisees behind class action ‘crying poor’ to avoid security
Class Actions 2021-09-10 10:16 pm By Bianca Hrovat

Franchisees of Hog’s Breath Cafe restaurant chain have been accused of “crying poor” by claiming COVID-19 robbed their restaurants of the cash flow required to pay security for costs in a class action launched against master franchisor HBCA.

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First hearing in mandatory COVID-19 vaccination legal challenge draws big crowd
COVID-19 2021-09-09 5:09 pm By Bianca Hrovat

A judge has found three lawsuits contesting compulsory COVID-19 vaccination orders by the New South Wales health minister should be heard together given the importance of avoiding competing judgments in the cases, which raise questions of public interest and drew tens of thousands of viewers to a live streamed hearing.

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High Court finds media responsible for third-party Facebook comments
Defamation 2021-09-08 3:13 pm By Bianca Hrovat

The High Court has found that media outlets are responsible for the publication of defamatory third-party comments on news stories posted to their Facebook pages, upholding a landmark decision by the NSW Supreme Court.

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