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Court tosses opposition to SARB patent application for parking overstay detector
Intellectual Property 2020-03-30 5:22 pm By Miklos Bolza

A judge has dismissed an opposition by tech company Vehicle Management Systems to a patent application by rival SARB Management Group for an integrated magnetic parking overstay detector.

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COVID-19 class actions on the horizon, expert says
Class Actions 2020-03-30 5:01 pm By Miklos Bolza

The COVID-19 pandemic has opened the door to a host of potential class actions involving claims of government negligence, employment law, product liability and consumer law, one legal expert has said.

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Canberra developers settle apartment owners’ class action over $6.3M in GST
Class Actions 2020-03-30 1:04 pm By Cat Fredenburgh

The developers behind the Governor Place residential complex in Canberra have reached a settlement in a class action by aparment owners seeking $6.3 million in GST payments on their units.

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Ex-Storm Financial directors lose appeal, Full Court finds they breached their duties
Financial Services 2020-03-27 10:38 pm By Christine Caulfield

The former directors of defunct financial advisory firm Storm Financial have failed in their appeal of a ruling that found they breached their duties to eleven vulnerable investors by providing a one-size-fits-all model of investment advice that was inappropriate.

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Commonwealth Bank’s gripe with alleged whistleblower’s discovery bid ‘ridiculous’, judge says
Employment 2020-03-27 9:14 pm By Miklos Bolza

A judge has criticised as “meretricious” and “ridiculous” opposition by Commonwealth Bank of Australia to a discovery application by a former general manager who claims he lost his job for blowing the whistle on alleged manipulation of staff bonuses.

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7-Eleven class actions mull contempt motion after losing appeal over franchisee communications
Class Actions 2020-03-27 3:25 pm By Miklos Bolza

The lead applicants in two class actions against 7-Eleven are considering bringing a contempt of court motion against the convenience store giant after the Full Federal Court derailed their challenge to prior orders allowing the company to seek litigation releases from franchisees.

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Online trial planned in Opal Tower builder’s case against insurers
Construction 2020-03-26 10:41 pm By Christine Caulfield

The Federal Court is pushing ahead with an expedited trial in Icon Co’s case against Liberty Mutual Insurance and QBE over the Opal Tower disaster, just one month after originally scheduled, and it’s going online to do it.

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Court forces ASIC to delay warning against Mayfair 101 despite COVID 19-stoked investment fears
Financial Services 2020-03-26 9:44 pm By Miklos Bolza

A judge has ordered ASIC to wait 48 hours after making any decision to send a warning notice to investment conglomerate Mayfair 101 before publicly issuing the notice, despite the regulator’s call for urgent action amid the COVID-19 pandemic.

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Judge to approve $127M VW class action settlement, but 25% uplift may be axed
Class Actions 2020-03-26 9:08 pm By Alison Eveleigh

After almost five years of litigation, a Federal Court judge said he will approve a $127.1 million settlement of five class actions against Volkswagen over the diesel emissions scandal, but appeared unwilling to sign off on a 25 per cent uplift in fees sought by one of the plaintiffs firms.

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Judge says funder can’t have cut of Banksia receivers $5.5M settlement with insurer
Class Actions 2020-03-26 3:01 pm By Christine Caulfield

The litigation funder controlled by recently deceased class action lawyer Mark Elliott has lost its bid for a 12.5 per cent commission of a $5.5 million settlement secured by the special purpose receivers of Banksia Securities in its claim against the collapsed firm’s former insurance broker.

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