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AirNZ hit with $15M fine for cartel conduct
Competition & Consumer Protection 2018-06-27 3:01 pm By Miklos Bolza

International airline Air New Zealand has been hit with a $15 million penalty for participating in a global air cargo cartel to fix the price of fuel, insurance and security surcharges.

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Deep Investments case barrels towards Full Court
Securities 2018-06-27 2:37 pm By Miklos Bolza

Respondents involved in a case brought by investment adviser Deep Investments over alleged share trading losses, including a solicitor who was sued for allegedly failing to inform the company of exchanges with ASIC about a potentially deceptive employee, are appealing a decision to allow the case to continue.

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ACCC loses appeal in LG faulty television case
Competition & Consumer Protection 2018-06-27 2:01 pm By Cat Fredenburgh

The Full Federal Court has upheld most of a ruling that found LG did not engage in misleading or deceptive conduct by failing to inform purchasers of faulty televisions of the remedies available to them under the Australian Consumer Law.

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Herbert Smith Freehills wins case over United’s failed IPO
Corporate 2018-06-26 11:50 pm By Christine Caulfield

Herbert Smith Freehills has prevailed in a suit by United Petroleum alleging the law firm and former United chairman Martin Hudson breached their duties to the company when they pulled a planned initial public offering in 2016.

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Lawsuit claims Gould Gallery sold unverified Arkley painting
Competition & Consumer Protection 2018-06-26 11:30 pm By Cat Fredenburgh

An Australian art gallery and its owner have been sued for allegedly failing to verify the authenticity of a Howard Arkley painting purchased for $205,000.

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Optus wins appeal of trade mark deregistration
Intellectual Property 2018-06-26 11:00 pm By Cat Fredenburgh

Optus can hang on to its Optus trade mark for marketing and advertising services, after successfully challenging a ruling that the mark should be deregistered for non-use in those areas.

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ACCC accuses potato wholesaler of ‘egregious’ contract terms
Competition & Consumer Protection 2018-06-26 4:18 pm By Miklos Bolza

The Australian Competition and Consumer Commission has brought an unprecedented court action against Australia’s largest potato wholesaler Mitolo Group, as it continues to ramp up enforcement over unfair contract terms.

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Sportsbet launches trade mark suit against rival Crownbet
Intellectual Property 2018-06-25 9:18 pm By Cat Fredenburgh

Online bookrunner Crownbet has been sued by rival Sportsbet over its attempt to trade mark and operate under the “Sportingbet” name.

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ACCC takes Pfizer competition case to High Court
Appeals 2018-06-25 3:47 pm By Christine Caulfield

The Australian Competition and Consumer Commission is seeking special leave from the High Court to appeal a ruling in a case alleging drug giant Pfizer misused its market power ahead of the expiration of its patent for Lipitor.

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BHP faces class action by casual workforce
Employment 2018-06-25 3:45 pm By Cat Fredenburgh

Mining giant BHP Billiton has been hit with two class actions alleging it hired hundreds of mine workers as casual employees to avoid paying proper wages and benefits, and industry heavyweights Yancoal and Glencore may face similar claims in the coming months.

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