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Santos’ net zero plan ā€˜little more than speculationā€™, trial court told
Trials 2024-10-28 11:50 pm By Cindy Cameronne

Santosā€™ plan to reach net zero greenhouse gas emissions by 2040 was ā€œlittle more than a series of speculationsā€, a shareholder group has said on the first day of trial in a landmark greenwashing case.

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S&P entitled to Rolls-Royce defence in CDO class action: court
Financial Services 2024-10-28 11:26 pm By Cat Fredenburgh

S&P is free to pay for a Rolls-Royce defence in “Rolls-Royce litigation” that alleges the agency engaged in fraud in assigning ratings to risky financial products, a judge has said.

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Clive Palmer’s nephew tells High Court he’s beyond reach of contempt
Appeals 2024-10-28 10:52 am By Andy Sidler

Clive Palmer’s nephew has applied to the High Court for review of a decision rejecting his bid to dodge contempt proceedings, arguing he did not submit to the court’s jurisdiction.

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Funder pulls out of WestConnex class action
Transportation & Infrastructure 2024-10-25 1:34 pm By Cindy Cameronne

The funder bankrolling a class action by residents allegedly displaced by the construction of the $16.8 billion WestConnex tunnel has abandoned the case.

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Discovery led to funder dropping class action against Westpac unit
Financial Services 2024-10-25 3:19 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds and Tal Life Insurance was discontinued after documents discovered by the companies caused funder Woodsford to bow out.

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AAI class action wants to press mandatory insurance claim at trial
Class Actions 2024-10-25 11:26 pm By Andy Sidler

A ‘junk’ insurance class action against Suncorp unit AAI wants an initial trial to deal with the claim — absent a sample group member — that car dealers made purchasing a policy necessary for a loan.

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Element Zero appeals search order win for Fortescue in trade secrets case
Intellectual Property 2024-10-24 11:54 pm By Christine Caulfield

Green iron start-up Element Zero is continuing its fight over search orders won by rival Fortescue that it claimed were a massive over-reach.

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Flex commissions class action judge says expert evidence not for his ‘comfort’
Class Actions 2024-10-24 11:30 pm By Cindy Cameronne

Expert evidence is not meant to ā€œprovide a judge with comfortā€, a judge has found in rejecting evidence from two experts in flex commissions class actions against Westpac and Macquarie.

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IP case over basmati rice to venture into ‘darker cornersā€™ of trade mark law
Intellectual Property 2024-10-24 2:26 pm By Andy Sidler

The scope of protection for geographical indications will be at issue in India’s appeal of a decision that barred it from registering a trade mark for basmati rice.

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Bayer’s patents for blockbuster blood thinner Xarelto invalid: court
Intellectual Property 2024-10-23 11:45 pm By Sam Matthews

Bayer has lost its battle to protect top-selling blood thinner Xarelto from generic competition, with the Full Court finding two patents for the drug are invalid.

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