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Mayne Pharma reaches settlement in class action over antitrust probe
Class Actions 2024-07-02 11:46 am By Christine Caulfield

Generic drug maker Mayne Pharma has resolved a shareholder class action centred on disclosures connected to price-fixing claims by US regulators.

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In Wollemi appeal, Tesla CEO Robyn Denholm must prove it’s not just personal
Intellectual Property 2024-07-02 11:27 pm By Cat Fredenburgh

Tesla CEO Robyn Denholm has lodged an appeal that must convince the Federal Court that her family office’s use of the ‘Wollemi’ trade mark was not just private and personal, but use in trade or commerce that benefitted third parties, not just the family.

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Bonza creditors vote to wind up failed airline
Restructuring & Insolvency 2024-07-02 10:15 pm By Cindy Cameronne

Bonza creditors voted Tuesday to wind up the budget airline after its administrators at Hall Chadwick ran an “extensive sales campaign” but received no offers to purchase the collapsed airline.

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Nine to pay $3M to settle class action over Palm Island coverage
Class Actions 2024-07-01 11:59 pm By Cat Fredenburgh

Nine will pay $3 million to settle a class action over its coverage of litigation related to the 2004 Palm Island riots, it has been revealed, after the class action failed to suppress the settlement sum.

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Kraken crypto exchange operator denies it offered credit facility
Cryptocurrency 2024-07-01 11:22 pm By Sam Matthews

The Australian provider of the Kraken crypto exchange has told a court that its margin trading product is not a credit facility, rejecting the corporate regulator’s “overly broad” definition of the word ‘credit’. 

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Westpac settles suppressed case by former exec, wants court docket to stay top secret
Opinion 2024-07-01 11:15 pm By Christine Caulfield

Despite arguing for suppression as a means only to successful mediation, Westpac now wants a settled employment case brought by an executive kept under lock and key. And in a worrying sign the Federal Court may have lost sight of the importance of open justice, a judge has indicated she would entertain an order that the suit never see the light of day.

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Racial discrimination class action against NT Government to be dropped
Class Actions 2024-07-01 11:12 pm By Cindy Cameronne

The lead applicants are seeking to drop a class action against the Northern Territory government over its alleged failure to properly fund essential health services and interpreting services in remote Indigenous communities.

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‘Extreme’ unfairness: Former NAAJA chief executive wins unfair dismissal case
Employment 2024-07-01 11:35 pm By Cindy Cameronne

The former chief executive officer of the North Australian Aboriginal Justice Agency has won her case alleging she was unfairly dismissed after complaining about the CFO, with a judge finding there was “extreme” unfairness in the decision to terminate.

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Axsesstoday investor class action reaches settlement with PwC
Class Actions 2024-06-28 1:10 pm By Cindy Cameronne

A class action on behalf of Axsesstoday bondholders has reached a settlement with accountants PricewaterhouseCoopers, with a court hearing that group members will get almost 50 per cent of the proceeds. 

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Apple decries Epic Games’ attempted ‘freeriding’ in competition case over lucrative app stores
Trials 2024-06-28 11:48 pm By Sam Matthews

In a landmark competition case, Apple has told the Federal Court that Epic Games and other developers should not be allowed to “freeride” on the resources and user base the tech giant has “spent many billions” to develop. 

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