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Katy Perry wants to withdraw ā€˜wrongā€™ admission in trade mark spat with designer
Intellectual Property 2021-09-14 9:17 pm By Cindy Cameronne

US singer Katy Perry is seeking to withdraw an admission that licensing her trade mark to Target and Myer constituted use, saying it was plainly ā€œwrongā€ after the Full Federal Court held an owner who authorised use of a mark was not liable for direct infringement.

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AMP denies it broke the law by charging dead people for life insurance
Insurance 2021-09-01 2:44 pm By Miklos Bolza

AMP has hit back at fees for no service court proceedings brought by ASIC, arguing it was legally entitled to charge customers premiums and advice fees for life insurance after they died.

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.

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Court can’t force ‘unwilling’ applicants to litigate, says Sims class action judge
Class Actions 2021-08-13 8:28 pm By Miklos Bolza

A judge has allowed a new applicant to lead a shareholder class action against recycling company Sims Metal Management, ruling that he could not force the original applicant to continue in the role when it wanted to back out.

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‘Pretty unimpressed’: Judge reluctantly puts JLT class action on hold
Class Actions 2021-07-26 10:58 pm By Cindy Cameronne

A judge has put off next month’s trial in one of two class actions brought by local councils against insurance JLT Risk Solutions over allegedly excessive premiums, but said the adjournment application would likely have failed if either side had put up a fight.

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Judge vacates Westpac insider trading trial despite ‘misgivings’
Financial Services 2021-07-26 2:46 pm By Miklos Bolza

A judge has vacated next year’s trial in ASIC’s insider trading case against Westpac despite “misgivings”, and has made orders regarding confidential evidence after the Australian financial watchdog argued that handing the material to the bank could damage its relationship with its Hong Kong counterpart.

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3A Composites fires off barrage of cross-claims in cladding class action
Class Actions 2021-07-23 6:51 pm By Miklos Bolza

The number of lawyers involved in a class action against 3A Composites over allegedly combustible cladding is set to balloon, with the German cladding manufacturer lobbing cross-claims against nine different parties.

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Judge lets two Boral class actions run, but warns about potential lawyer conflicts
Class Actions 2021-07-21 11:59 pm By Cat Fredenburgh

A judge has denied a law firm’s bid to stay a rival’s closed shareholder class action against construction giant Boral but warned courts must be alive to the potential for conflicts where lawyers stand to reap “very significant financial awards” from class action proceedings.

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GetSwift to resolve shareholder class action in ‘creative’ settlement
Class Actions 2021-07-16 10:00 am By Christine Caulfield

GetSwift has reached an agreement to settle a shareholder class action accusing the logistics company of misleading statements over contracts, avoiding a trial that was set to begin in two months.

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ASIC’s insider trading case against Westpac should be heard ASAP, says judge
Financial Services 2021-07-14 9:53 pm By Cindy Cameronne

ASICā€™s case accusing Westpac of insider trading before the $16 billion privatisation of electricity provider Ausgrid should be heard ā€œas quickly as the court can deal with itā€, a judge has said.

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