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ATO’s assessments for Mylan’s $1.4B Alphapharm acquisition ‘excessive’, court rules
Tax 2024-03-21 5:08 pm By Cindy Cameronne

The Australian unit of drug giant Mylan has triumphed in a dispute with Australian Taxation Office, with a judge finding the ATO’s assessment for 2020 was “excessive” with respect to interest on loans to fund Mylan’s $1.2 billion acquisition of generic drug maker Alphapharm.

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Credibility of Lehrmann, Higgins central to judge’s looming ruling in defamation case
Defamation 2024-03-20 11:28 pm By Christine Caulfield

Did Bruce Lehrmann rape colleague Brittany Higgins in Parliament House in 2019? That is the primary question in the case to be decided by the Federal Court early next month, and the credibility of the two principal protagonists is central to answering that question.

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Judge worries Apple misused court submissions to ‘pressure’ Epic Games overseas
Trials 2024-03-20 9:30 pm By Cindy Cameronne

A judge overseeing a landmark competition case against Apple and Google has questioned whether Apple’s US lawyers wrongly used court submissions in Australia to put pressure on Epic Games in Europe and justify temporarily removing its developer account. 

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Google offered Epic Games $200M to avoid competition with Play Store, court told
Neil Young 2024-03-20 9:58 pm By Cindy Cameronne

Google offered Fortnite creator Epic Games $200 million and proposed to acquire equity in the company to prevent it from opening its own app store with exclusive content that could compete with the search giant’s Play Store, a court has heard.

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Google chokes Play Store competition with technical restraints, Fortnite maker tells court
Trials 2024-03-19 11:22 pm By Cindy Cameronne

Google is nearing “monopoly levels” with its exploitation of the Android brand to prevent other app stores from competing with its Play Store, the maker of the Fortnite video game has said in a landmark competition trial.

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Liquidators may have $43M in claims against Blockchain exec, judge says
Cryptocurrency 2024-03-19 2:07 pm By Sam Matthews

A judge has declined to set aside a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global, noting that the company’s liquidators may have claims of up to $42.9 million against him. 

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.

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Apple CEO called App Store an ‘economic miracle’, court hears in Epic Games trial
Trials 2024-03-18 11:54 pm By Cindy Cameronne

Apple has made exceptional profits skimming a 30 per cent commission from sales on its app store, dubbed by the tech giant’s CEO an “economic miracle”, Epic Games has said on the first day of trial in a landmark competition case.

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‘I worked like a navvy’: Judge slams TWU for eleventh hour claim against Qantas
Employment 2024-03-18 4:23 pm By Sam Matthews

A judge has chided the Transport Workers Union for announcing at the start of trial that it intends to seek lost union dues from Qantas, as a hearing kicked off over the amount of compensation the airline owes to ground crew, whose jobs were illegally outsourced at the peak of the COVID-19 pandemic. 

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Carriage fight on the cards as third IC Markets class action filed
Class Actions 2024-03-18 3:39 pm By Sam Matthews

A third law firm has filed a class action against International Capital Markets, after failing to reach an agreement on joining forces with two other firms that have agreed to consolidate their competing class actions against the Sydney broker over risky contracts for difference.

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