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Full Federal Court to rule on common fund order question in 7-Eleven class actions
The Full Federal Court will weigh in on whether common fund orders can be made at settlement in two class actions against 7-Eleven, with a hearing scheduled for the same day the NSW Court of Appeal will hear arguments on the unresolved issue.
Judge shuts down Boehringer challenge to Merck Sharp & Dohme parasite patent
Pharmaceutical company Boehringer Ingelheim has failed in its Federal Court challenge to a patent application for an injectable anti-parasite drug for livestock by a subsidiary of competitor Merck Sharp & Dohme.
IOOF unit can’t stop ASIC from using royal commission evidence
An IOOF subsidiary sued over "bad advice" has failed in its bid to stop ASIC from using documents from the banking royal commission as evidence in the case, with a judge saying the company had already provided the material to the financial watchdog without objection.
BHP wants foreign group members shut out of class action over Brazil dam failure
Mining giant BHP is seeking to have foreign group members shut out of a shareholder class action over the Fundao dam failure in Brazil five years ago.
Court approves settlement with ANZ in 7-Eleven class actions
A judge has signed off on a settlement that releases ANZ from two class actions by 7-Eleven franchisees that alleged the bank engaged in unconscionable conduct and breached responsible lending laws by providing loans to purchase outlets of the convenience store giant.
Mylan loses Lipidil appeal, despite court finding proof of intention not needed for Swiss-style claims
Mylan Health has lost its challenge to a ruling that invalidated three patents related to its blockbuster cholesterol drug Lipidil, despite the appeals court finding the primary judge had erred by ruling that proof of intention was required for Swiss-style claims.
Binary options trader hit with $1.8M penalty for ‘systemic’ exploitation
A Marshall Islands-based binary options trader has been hit with a $1.8 million penalty after a judge found it engaged in the "deliberate deception of vulnerable people".
Kraft takes trade dress battle with Bega to High Court
US food giant Kraft-Heinz wants the High Court to hear its intellectual property stoush with Bega after twice losing the battle over the right to use its peanut butter trade dress in Australia.
In a first, judge says High Court dealt CFOs a total knockout
A judge has found that the High Court's landmark ruling last year blocking common fund orders in the early stages of a class action also barred them from being made at the conclusion of a proceeding, departing from several recent rulings on common fund orders.
First common fund order granted in the wake of High Court ruling
A judge has made a common fund order in approving a $3 million settlement in a class action against mortgage lending and investment company RMBL, the first common fund order granted since the High Court shot down these orders in the early stages of class actions.