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Judge puts ASIC ‘fees for no service’ case against NAB on fast-track
Financial Services 2018-10-08 10:56 pm By Miklos Bolza

A Federal Court judge has put ASIC’s first fees for no service case, brought against two units of National Australia Bank’s wealth management division, on an expedited timetable, saying the case was not new territory for the bank.

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MyBudget denied costs in ‘public interest’ class action
Class Actions 2018-10-08 10:48 pm By Cat Fredenburgh

A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.

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HarperCollins can’t duck deep sleep defamation case
Defamation 2018-10-08 4:14 pm By Cat Fredenburgh

HarperCollins has lost its bid for summary dismissal of a defamation lawsuit brought against it by two psychiatrists at the centre of the deep sleep therapy scandal that rocked the medical world in the 1960s and 70s.

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Trident Foods partially sinks trade mark appeals
Intellectual Property 2018-10-05 11:35 pm By Miklos Bolza

Australian food manufacturer Trident Foods has won a partial victory after facing two appeals from US seafood giant Trident Seafoods seeking to remove its trade marks.

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Aviation 3030 investor can’t duck security because of ASIC’s suit
Securities 2018-10-05 11:14 pm By Christine Caulfield

An investor suing property investment group Aviation 3030 can’t avoid payment of half a million dollars in security for litigation costs because of a parallel enforcement action by the corporate regulator, a judge has ruled.

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Reckitt lozenge ads banned for good as case by Difflam maker ends
Healthcare 2018-10-05 2:15 pm By Miklos Bolza

Consumer goods giant Reckitt Benckiser has been permanently barred from displaying select ads for its Strepfen throat lozenges, as the Federal Court dismissed proceedings filed by rival iNova Pharmaceuticals.

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UGL class action funder to earn up to 30% commission
Class Actions 2018-10-05 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Judge dismisses appeal of $1.5M mesothelioma judgment
Product Liability 2018-10-04 9:31 pm By Miklos Bolza

Building material manufacturer Amaca and distributor Seltsam have lost their appeal of a $1.5 million judgment won by a NSW resident who developed mesothelioma after working with asbestos during the 60s and 70s.

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Macmahon pays $6.7M to settle shareholder class action
Class Actions 2018-10-04 4:28 pm By Cat Fredenburgh

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.

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One Key Workforce liquidators vie for unpaid wages in union spat
Employment 2018-10-04 3:13 pm By Miklos Bolza

Liquidators for failed labour hire business One Key Workforce are disputing a claim by the CFMMEU for wages owed to employees, saying the money should be given to them while they wind up the company.

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