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Government won’t challenge loss in live export class action
Class Actions 2020-07-22 10:16 pm By Cat Fredenburgh

The Federal Government will not challenge a ruling in a class action brought on behalf of live exporters which found a total ban on live cattle exports to Indonesia in 2011 was “capricious and unreasonable”.

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Uber fails in second bid to put brakes on taxi driver class action
Class Actions 2020-07-22 3:42 pm By Alison Eveleigh

Uber has lost its latest challenge to a landmark class action that alleges the ride-sharing giant engaged in a conspiracy to steal business from taxi and limousine drivers across four states, with an appeals court dismissing arguments the case failed to properly allege an intent to harm.

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ASIC won’t appeal Westpac responsible lending case to High Court
Financial Services 2020-07-22 2:56 pm By Christine Caulfield

ASIC has dropped its fight with Westpac over the bank’s financial assessment of home loan borrowers following political pressure, citing the “challenging economic circumstances”.

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Ashurst partner hit with indemnity costs in Point Piper property feud
Real Estate 2020-07-22 10:26 am By Christine Caulfield

An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.

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Judge slams opt out notice, ‘disturbing’ funder letter in Suncorp class action
Class Actions 2020-07-21 10:40 pm By Alison Eveleigh

A judge overseeing a class action against Suncorp over alleged conflicted remuneration has questioned a proposed opt out notice telling group members they should sign up with the funder backing the case or it might not proceed.

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IP Australia appeals loss in Aristocrat gaming methods patent case
Aristocrat Technologies 2020-07-21 10:41 am By Cat Fredenburgh

IP Australia has appealed a judge’s decision to allow four Aristocrat gaming patents to proceed to grant, hoping for another victory after winning two high stakes challenges to software patents before the Full Federal Court.

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ASIC pushes for $15M fine in NAB ‘Introducer’ case, but judge questions scope of investigation
Financial Services 2020-07-20 9:21 pm By Alison Eveleigh

ASIC has called for a $15 million penalty against National Australia Bank over its scandal-ridden ‘Introducer’ loan referral program, but a judge has questioned the “superficial” investigations in the case and remarked on the corporate regulator’s “pattern” of bringing enforcement action after remediation programs were well underway.

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Sham contracting class action against Appco close to settling, court told
Class Actions 2020-07-20 2:40 pm By Christine Caulfield

A ‘sham contracting’ class action against fundraiser Appco, said to be worth $90 million, could be settled in two weeks, the lawyer for the lead applicant told a judge on Monday.

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Coffee capsule maker Caffitaly appeals ruling invalidating three patents
Intellectual Property 2020-07-20 1:56 pm By Christine Caulfield

Coffee capsule maker Caffitaly is challenging a ruling that revoked three patents at the centre of an intellectual property war with rival One Collective.

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ASIC takes Forex CT to court over ‘unconscionable’ sales tactics
Financial Services 2020-07-17 4:03 pm By Miklos Bolza

ASIC has launched court proceedings against Melbourne-based foreign exchange and derivative trader Forex CT alleging it engaged in unconscionable sales tactics that led to hundreds of thousands of dollars in investor losses.

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