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Class fights to use settlement evidence in Ethicon pelvic mesh case
Class Actions 2019-02-01 11:00 pm By Miklos Bolza

A class action against Ethicon over allegedly faulty pelvic mesh implants wants introduce confidential evidence from prior settlement negotiations as it attempts to shut down the medical device maker’s class closure application.

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GetSwift to contest High Court special leave bid
Appeals 2019-01-31 11:17 pm By Christine Caulfield

Logistics startup GetSwift has confirmed it will fight an appeal to the High Court by law firm Squire Patton Boggs challenging a landmark ruling that permanently stayed two of three competing shareholder class actions against the company.

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Visa settles competition lawsuit over currency conversion ban
Competition & Consumer Protection 2019-01-31 10:01 pm By Cat Fredenburgh

Visa has resolved a lawsuit by a fintech founder alleging it misused its market power by banning the use of dynamic currency conversion services in several countries, including Australia and the US.

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Judge OKs $16.4M Cash Converters settlement, but axes scheme administrator clause
Class Actions 2019-01-31 7:51 pm By Miklos Bolza

A judge has signed off on a $16.4 million settlement of a class action against Cash Converters, but not before scrapping a clause he said tied the court’s hands by making the deal conditional on the appointment of Maurice Blackburn as scheme administrator.

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Mylan loses lawsuit against Sun Pharma over cholesterol drug patents
Intellectual Property 2019-01-31 7:30 pm By Miklos Bolza

Generic drug maker Sun Pharma has emerged victorious in a lawsuit brought against it by Mylan relating to Sun’s plans to launch a generic version of cholesterol drug fenofibrate.

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Jones Day adds partner to Singapore arbitration group
People In The News 2019-01-31 6:59 pm By Cat Fredenburgh

An Australian partner of international law firm Jones Day has moved to the firm’s Singapore office to bolster its growing team of international arbitration specialists.

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Property spruiker Rick Otton drops appeal of record $6M fine
Competition & Consumer Protection 2019-01-30 9:54 pm By Christine Caulfield

We Buy Houses’ director Rick Otton has withdrawn his appeal of a ruling that slugged him with a $6 million fine for misleading property investors, the highest ever penalty imposed on an individual for breaches of the Australian Consumer Law.

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Supplier of scalding hot water bottles hit with $415k fine
Chief Justice Debra Mortimer 2019-01-30 7:55 pm By Miklos Bolza

A wholesaler that supplied leaking hot water bottles and exploding candle holders to retailers in Victoria has been fined $415,000 for distributing the dangerous products in breach of the Australian Consumer Law.

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AIG appeals ruling in Kaboko Mining D&O coverage dispute
Insurance 2019-01-30 3:43 pm By Christine Caulfield

AIG Australia has appealed a decision that found it’s liable for covering four former directors being sued by collapsed Kaboko Mining after a failure to repay a US$5.95 million loan allegedly led to the company’s insolvency.

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Court demands greater transparency from ASIC in AMP insurance case
Financial Services 2019-01-30 3:17 pm By Miklos Bolza

ASIC has been ordered to reveal the extent of its communications with experts that are compiling a report central to its case against AMP over alleged insurance churning by one of its former financial advisers.

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