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Funder’s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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Former SMEC employees charged over foreign bribery conspiracy
Transportation & Infrastructure 2022-10-11 2:30 pm By Christine Caulfield

Two former employees of the Snowy Mountain Engineering Corporation have appeared in court facing foreign corruption charges linked to Sri Lankan infrastructure projects worth $14 million.

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PTTEP’s appeal of class action ruling delayed as lawyers, funder engage in secret stoush
Class Actions 2022-10-11 11:45 pm By Christine Caulfield

PTTEP Australia’s appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.

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Optus faces data breach probe by privacy regulator
Privacy & Cybersecurity 2022-10-11 11:28 pm By Christine Caulfield

The Office of the Australian Information Commissioner has opened an investigation of Optus following last month’s cyberattack, centering on the adequacy of the teleco’s privacy practices.

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Kraft prevails in fight with Italian cheese makers over ‘parmesan’ trade mark
Intellectual Property 2022-10-11 3:55 pm By Cindy Cameronne

A consortium of parmigiano reggiano producers has lost its challenge to Kraft Foods’ ‘Kraft parmesan cheese’ trade mark after an IP Australia delegate found that customers would be “sceptical” that the product was Italian.

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Employsure suffers partial loss in appeal by defecting employees
Employment 2022-10-11 5:20 pm By Cindy Cameronne

Workplace relations heavyweight Employsure has suffered a partial defeat in appeals brought by rival ELMO Software and two former employees seeking to jump ship to a competitor.

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Howden can’t use expert report in ‘wasteful’ patent application against Minetek
Intellectual Property 2022-10-11 12:20 pm By Cindy Cameronne

A judge has refused a bid by manufacturer Howden to use an expert report before IP Australia in a dispute accusing rival Minetek of misappropriating confidential information for an industrial fan patent, saying it was “wasteful” when a similar dispute was already before the court.

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$800M class action to accuse IG Markets of unconscionable conduct over risky CFDs
Class Actions 2022-10-10 1:42 pm By Christine Caulfield

IG Markets faces a potential class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading in complex financial products known as contracts for difference, or CFDs.

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Boston Scientific drops gag clause from $105M settlement after judge airs concerns
Class Actions 2022-10-10 2:40 am By Cindy Cameronne

US medical device manufacturer Boston Scientific has withdrawn a controversial gag clause from of its $105 million deal to settle a class action by women allegedly injured by pelvic mesh devices after a judge raised concerns about its legality.

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Murdoch argues public interest defence no ‘new dawn’ for media outlets
Defamation 2022-10-10 3:06 am By Sam Matthews

Fox News CEO Lachlan Murdoch has told a court that Crikey publisher Private Media will be hard-pressed to use a new public interest defence as a shield against his defamation suit over an article allegedly linking the media mogul to the January 6 attack on the US Capital.

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