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Garuda appeals $19M penalty for air cargo price-fixing
Appeals 2019-06-27 8:31 am By Cat Fredenburgh

Indonesian national airline Garuda is appealing a $19 million price-fixing fine, the second largest penalty in the ACCC’s decade-long global cartel case over air cargo price-fixing.

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IP boutique looks to sue former partners that jumped ship
Business of Law 2019-06-26 2:39 pm By Cat Fredenburgh

Two lawyers that recently left the intellectual property boutique where they worked for a combined 40 years to set up their own firm are now facing a courtroom battle with their former employer.

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AMP hit with second class action over ‘excessive’ superannuation fees
Class Actions 2019-06-26 2:08 pm By Cat Fredenburgh

AMP is a facing a second class action for allegedly charging excessive fees on more than two million superannuation accounts, setting up another potential class action beauty pageant.

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ASIC drags ex-Murray Goulburn execs to court
Securities 2019-06-25 2:18 pm By Cat Fredenburgh

The former directors of Murray Goulburn, who admitted in proceedings brought by the ACCC to aiding in false representations the dairy co-op made to farmers about the farmgate milk prices it would pay during the 2015-16 season, are now facing a separate lawsuit by the Australian Securities and Investments Commission.

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Fintech Zip faces trade mark suit by Firstmac
Intellectual Property 2019-06-24 11:20 pm By Cat Fredenburgh

Mortgage provider and Brisbane Broncos sponsor Firstmac has hit fintech giant Zip Co with a lawsuit for allegedly infringing its “Zip” trade mark.

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Judge pauses ASIC case against ANZ over $2.5B share placement
Securities 2019-06-21 11:35 pm By Cat Fredenburgh

ANZ Bank has secured a stay of the corporate cop’s civil penalties proceeding over disclosures related to its $2.5 billion equity capital raising while it fights criminal cartel charges related to the controversial share placement.

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Judge crushes Monster Energy’s opposition to monster wheel trade marks
Intellectual Property 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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Funder can’t keep $2.2M of JustKapital’s Provident settlement cut in court
Business of Law 2019-06-21 12:53 pm By Cat Fredenburgh

JustKapital has defeated a bid by funder Litman Holdings to keep $2.2 million remaining from its cut of a $44.25 million settlement in two class actions against the trustees of failed debenture issuer Provident Capital locked down in court until the resolution of a separate dispute between the two funders.

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Gilbert + Tobin nabs in-house bigwig for competition group
People In The News 2019-06-20 9:28 pm By Cat Fredenburgh

Gilbert + Tobin has lured the former global head of antitrust at Swiss pharmaceutical giant Novartis to its competition group.

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ACCC tells court there’s a ‘real chance’ TPG will resume 5G rollout
Competition & Consumer Protection 2019-06-19 4:28 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has told the court there’s “at least a real chance” TPG will resume plans to roll out a 5G mobile network after its earlier plans were thwarted by the government’s ban on the use Huawei technology, as the regulator defends its decision to block the proposed $15 billion tie-up between TPG and Vodafone.

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