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Jardine Lloyd Thompson hit with second class action over excessive premiums
Insurance 2019-09-03 9:13 pm By Christine Caulfield

Insurance broker Jardine Lloyd Thompson is facing a second class action on behalf of local councils claiming it charged inflated premiums.

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Radio Rentals, AIG to pay $29M to settle ‘Rent, Try, Buy’ class action
Class Actions 2019-09-03 10:43 am By Christine Caulfield

Radio Rentals and its insurer, AIG, have reached a $29 million settlement in a consumer class action alleging the company pushed misleading ‘Rent, Try, $1 Buy’ leases onto vulnerable customers.

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Lindsay Fox, Max Beck lose high-stakes valuation case over Essendon Airport
Transportation & Infrastructure 2019-09-02 11:52 pm By Christine Caulfield

Billionaire Lindsay Fox and property magnate Max Beck have lost a dispute over the valuation of land at their jointly operated Essendon Airport, with a judge siding with the Federal Government’s method that calculated the site’s value at $349 million, not $7.1 million as claimed by their expert.

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Radio Rentals, AIG ‘very close’ to settling consumer class action, court hears
Class Actions 2019-09-02 9:29 pm By Miklos Bolza

A consumer class action against Radio Rentals over its ‘Rent, Try, $1 Buy’ scheme is “very close” to settling, a court heard Monday, with just a few more days required to negotiate a final agreement.

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Aristocrat goes head to head with IP Australia over patentability of slot machine
Intellectual Property 2019-09-02 9:25 pm By Miklos Bolza

Gaming giant Aristocrat Technologies told a court that if its Lightning Link slot machine was a physical game there would be no doubt about its patentability, as trial kicked off Monday in another case that is pushing back on IP Australia’s stance on the patentability of computer-implemented inventions.

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Delegate slams door on REA Group’s home loans trade mark
Intellectual Property 2019-09-02 8:22 pm By Miklos Bolza

A mortgage broker has successfully opposed REA Group’s application to trade mark “realestate.com.au Home Loans”, with a delegate finding the mark is not adapted to distinguish REA’s online services.

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Credit Suisse unit can’t strike out pleadings in investors’ case over MINIs
Financial Services 2019-09-02 3:16 pm By Christine Caulfield

A Credit Suisse unit has lost a bid to strike out portions of a case launched by a group of investors over financial products known as MINI warrants, with a judge saying the claims were not untenable as argued.

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Merck wins docs from Wyeth ahead of hearing on reopening Prevnar 13 trial
Intellectual Property 2019-08-30 10:51 pm By Cat Fredenburgh

Merck Sharp & Dohme has emerged victorious in a battle over documents with Wyeth, as the parties gear up for a hearing on Wyeth’s request to reopen a trial over three patents for its Prevnar 13 pneumococcal vaccine.

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Lawyers breached duty to client with ‘sharply’ conflicting interests, appeals court rules
Legal Ethics 2019-08-30 9:54 pm By Amelia Birnie

A Sydney law firm has been ordered to pay hundreds of thousands of dollars in compensation and restitution for breach of its fiduciary duties, after a former client successfully appealed a conflict of interest case.

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Lloyd’s says court has no power to let Pitcher Partners class actions eyeball insurance policies
Insurance 2019-08-30 9:23 pm By Miklos Bolza

Two units of global insurer Lloyd’s have launched a constitutional challenge to a Federal Court order requiring accounting firm Pitcher Partners to hand over certain insurance documents in two shareholder class actions.

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