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ACCC flags concerns over Transurban bid for WestConnex
Competition & Consumer Protection 2018-05-17 1:13 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised concerns that the proposed $2 billion acquisition of Sydney toll road WestConnex by toll road operator Transurban may stymie competition for toll road projects in Australia.Ā 

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Radio Rentals to pay $2M following ASIC probe
Competition & Consumer Protection 2018-05-16 5:59 pm By Cat Fredenburgh

The Federal Court has ordered appliance and furniture leasing company Radio Rentals to pay a $2 million penalty for failing to verify consumers’ financial situations before signing them up for leases.

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Yazaki ordered to pay record $46M for price fixing on car parts
Breaking News 2018-05-16 12:28 pm By Cat Fredenburgh

The Full Federal Court has slapped Japanese car parts maker Yazaki Corporation with a $46 million penalty for colluding with a competitor on prices for wire harnesses supplied to Toyota, handing a win to the ACCC which argued the originalĀ $9.5 million penalty handed down did not reflect the seriousness of the conduct.Ā 

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Judge takes scalpel to Commonwealth Bank class action
Class Actions 2018-05-15 10:00 pm By Cat Fredenburgh

The judge overseeing a Maurice Blackburn-led shareholder class action against Commonwealth Bank of Australia over allegedly lax anti-money laundering and anti-terrorism financing controls has struck out a portion of the statement of claim for “pleading deficiencies”.

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Judge must decide whether Fairfax article is about Harry Triguboff
Media 2018-05-15 9:42 pm By Cat Fredenburgh

A judge overseeing a defamation case brought by billionaire Meriton founder Harry Triguboff against Fairfax Media must decide whether an article about the property company that appeared in the Australian Financial Review can be reasonably said to be about Triguboff.

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SNF renews challenge to BASF patent
Energy & Natural Resources 2018-05-15 11:24 am By Cat Fredenburgh

SNF has filed an appeal with the Federal Court after the Australian Patent Office shot down its challenge to a mining patent application by rival BASF.

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Take-Two wins temporary block of Grand Theft Auto alterations
Intellectual Property 2018-05-11 10:29 pm By Cat Fredenburgh

Take-Two Interactive has won a temporary injunction blocking a gamer from making unauthorised changes to its popular Grand Theft Auto video game.

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Retail Food Group faces shareholder class action
Franchises 2018-05-11 9:58 pm By Cat Fredenburgh

Retail Food Group has been hit with a shareholder class action alleging it failed to make adequate disclosures regarding the financial health of its franchise network.

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Judge issues injunction in Infa-Secure seat device ownership spat
Intellectual Property 2018-05-10 10:10 pm By Cat Fredenburgh

A Federal Court judge has permanently barred a woman who claims she owns the intellectual property for an Infa-Secure seat belt device from telling retailers that she is the rightful owner of the device’s IP.

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Encompass appeals fintech patent loss
Intellectual Property 2018-05-10 2:23 pm By Cat Fredenburgh

An appeal has been filed by financial software company Encompass Corp.Ā after a Federal Court judge found two of its patents for computer software failed the method of manufacture test and were invalid.

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