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Garuda hit with $19M penalty for air cargo price-fixing
Competition & Consumer Protection 2019-05-30 10:46 am By Amelia Birnie

Indonesian national airline Garuda has been slapped with a $19 million penalty in the ACCC’s decade-long global cartel case over air cargo price-fixing, bringing the total penalties won by the competition regulator over the cartel to $132.5 million.

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AMP faces class actions over allegedly excessive superannuation fees
Financial Services 2019-05-30 10:01 am By Christine Caulfield

AMP has been hit with a class action alleging it breached its duty of care to superannuation members by charging them unreasonably high fees, and a second class action is expected within weeks.

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Singaporean company to be dragged into Hill & Smith road safety barrier patent dispute
Intellectual Property 2019-05-29 9:01 pm By Amelia Birnie

UK-based building products giant Hill & Smith Holdings wants to drag a Singaporean entity into its road safety patent dispute with Australian company Safe Barriers, whose directors are ex-employees of Hill & Smith.

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Yellow Pages maker’s ‘Sensis’ trade mark infringed by rival, court finds
Intellectual Property 2019-05-29 6:38 pm By Miklos Bolza

The maker of the Yellow Pages and White Pages directories, Sensis, has won its IP case against a direct marketing company, with a judge ruling the rival’s Senses Direct mark was deceptively similar to its mark, both visually and aurally.

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Quinn Emanuel to appeal loss in AMP class action beauty parade
Class Actions 2019-05-29 5:08 pm By Miklos Bolza

Law firm Quinn Emanuel Urquhart & Sullivan has told the court it will appeal a judgment permanently staying its shareholder class action against AMP over the wealth manager’s fees for no service scandal.

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Judge blasts insurers in Forge investor class action for ‘waste of everybody’s resources’
Class Actions 2019-05-29 4:27 pm By Amelia Birnie

A judge has granted discovery of up to 32,000 documents just months out from the Forge investor class action trial, as she blasted the insurance company respondents for wasting resources after they failed to comply with the court’s previous orders.

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Investors to get their day in court over Credit Suisse ‘MINI’ warrants
Securities 2019-05-29 4:01 pm By Miklos Bolza

A Federal Court judge has ruled he has jurisdication to hear a case brought by a group of investors against a unit of Credit Suisse over complex derivative products known as MINI warrants, despite the bank’s argument that the claims allege breach of contract under common law, not federal law.

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Maurice Blackburn gets second shot at pursuing class action against BHP
Appeals 2019-05-28 9:18 pm By Christine Caulfield

Maurice Blackburn has partly prevailed in an appeal of a judge’s decision to put the brakes on its shareholder class action against BHP while greenlighting a competing case brought by Phi Finney McDonald, with an appeals court ordering the rival law firms to negotiate a deal to consolidate their litigation.

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Farmers can’t use the word ‘oil’ in Montarra oil spill class action, PTTEP says
Class Actions 2019-05-28 8:19 pm By Amelia Birnie

Oil company PTTEP has objected to Indonesian seaweed farmers using the word “oil” in their evidence in the Montarra oil spill class action, arguing they are not qualified to identify oil.

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ACCC approves ‘green’ plastic certification trade mark over vagueness concerns
Intellectual Property 2019-05-28 5:35 pm By Miklos Bolza

The Australian Competition and Consumer Commission has approved an application by plastics manufacturer OxoPak for a certification trade mark for certain biodegradable plastics.

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