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ASIC brings action against Firstmac over alleged DDO breaches
Financial Services 2022-12-16 3:06 pm By Sam Matthews

In only the second case of its kind, ASIC has taken non-bank lender Firstmac to court over alleged breaches of design and distribution obligations in relation to its High Livez managed investment scheme.

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Aristocrat wins $36M in patent infringement damages from pokies maker Konami
Intellectual Property 2022-12-15 4:44 pm By Sam Matthews

Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.

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High Court clarifies test for implied terms, says CoreLogic did not infringe photographer’s copyright
Intellectual Property 2022-12-14 5:56 pm By Sam Matthews

The High Court has found that property data analytics firm CoreLogic did not infringe a real estate photographer’s copyright by uploading images from realestate.com.au to its platform, overturning a decision of the Full Federal Court.

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Litigation privilege claim over Nine reporter’s emails denied in cavoodle defamation case
Trials 2022-12-14 3:41 pm By Sam Matthews

Nine has mostly lost its bid to shield documents produced under subpoena in a defamation case brought over A Current Affair’s coverage of barrister Gina Edwards’ custody battle for famed social media pooch Oscar the cavoodle.

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Courtenay House contractor pleads guilty over $180M Ponzi scheme
White Collar 2022-12-14 9:28 pm By Sam Matthews

A former contractor of investment management fund Courtenay House who received over $670,000 in commissions from investors has pleaded guilty to two criminal charges after an ASIC investigation revealed the company duped 585 investors in a $180 million Ponzi scheme.

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Dixon Advisory insurers lose bid to limit disclosure of plan details in class action
Insurance 2022-12-13 10:08 pm By Sam Matthews

Two Dixon Advisory insurers have lost a bid to limit the details of insurance policies handed over to a class action purported to worth $463 million, after a judge’s ruled the collapsed wealth manager should disclose its insurance for liability in the case.

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Court approves GCO in ‘junk’ insurance class action against Allianz
Class Actions 2022-12-13 1:25 pm By Sam Matthews

A judge has signed off on a group costs order in class action against Allianz over add-on car insurance that will give plaintiff law firms Johnson Winter & Slattery and Maurice Blackburn no more than 25 per cent of any resolution in the case.

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Home builder admits to unfair clause banning bad reviews by customers
Competition & Consumer Protection 2022-12-13 5:11 pm By Sam Matthews

Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.

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Barrister was scared to return to chambers after Nine’s ‘cavoodle caper’, court told
Trials 2022-12-12 9:29 pm By Sam Matthews

A Sydney barrister was embarrassed and afraid to return to chambers following Channel Nine’s allegedly defamatory coverage of her custody battle for famed social media pooch Oscar the cavoodle, a court has heard.

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Cladding supplier fights to keep class action from accessing sales figures
Product Liability 2022-12-12 1:56 pm By Sam Matthews

The Australian supplier of alleged combustible cladding is opposing a class action applicant’s bid for information ahead of settlement talks on the quantity of cladding sold in the country between 2009 and 2019.

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