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Motorola says Hytera misled court, wins discovery request
Intellectual Property 2018-09-06 8:34 pm By Miklos Bolza

Motorola Solutions says Hytera Communications misled the Federal Court about key decision makers involved in the development of radio products which it claims infringe three of its patents.

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Codeine patents involve natural parts that can’t be patented, court told
Intellectual Property 2018-09-06 3:12 pm By Cat Fredenburgh

TPI Enterprises has gone on the offensive in a patent lawsuit initiated by rival poppy processor Tasmanian Alkaloids, saying the patents at the centre of the suit describe natural parts that can’t be patented.

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Sirtex buyout sparks insolvency fears by class action
Class Actions 2018-09-05 9:31 pm By Miklos Bolza

Concerns that the proposed acquisition of Sirtex Medical by a Chinese private equity firm would leave the company with insufficient funds to cover a settlement or judgement in a class action were eased Wednesday, after a barrister said the takeover would leave the company with just under $1 billion in assets.

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Inhibox maker used Allergan’s Botox trade mark for comparison’s sake, court hears
Intellectual Property 2018-09-05 8:30 pm By Miklos Bolza

The company that manufactures Botox alternatives has denied infringing on Allergan’s Botox trade mark, telling a court Wednesday its use of the word was for comparative purposes only.

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Adcock Private Equity wins $1M judgment against ex-Aussie Home Loans boss
Financial Services 2018-09-05 7:41 pm By Cat Fredenburgh

Private equity firm Adcock has won almost $1 million in a judgment against the former boss of Aussie Home Loans, Stephen Porges, who was found to have misled the firm over the profitability of shares in a digital commerce startup he wanted to offload.

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Commonwealth turns to Big Six firm for toxic foam class action defence
Class Actions 2018-09-04 11:52 pm By Cat Fredenburgh

Facing the possibility of more class actions related its use of allegedly toxic firefighting foam at military bases throughout Australia, the Commonwealth has turned to one of the country’s largest firms for its defence in the two most recently filed cases.

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ObjectiVision wraps up IP trial against University of Sydney
Intellectual Property 2018-09-04 10:25 pm By Miklos Bolza

Ophthalmic diagnostic device manufacturer ObjectiVision has made its final pitch to the Federal Court at the end of trial in a long-running intellectual property and contract dispute with the University of Sydney, saying in closing submissions that the school had run a “curious” case. 

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‘Poisonous relationship’ sends $2.5M Shark Tank winners to court
Restructuring & Insolvency 2018-09-04 9:38 pm By Miklos Bolza

The two directors of biodegradable coffee pod startup iCapsulate have been ordered into mediation to try to resolve a feud over whether to liquidate the company, a year after it was offered $2.5 million by an investor on reality TV show Shark Tank.

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Westpac close to settling ASIC’s responsible lending case
Financial Services 2018-09-03 9:27 pm By Miklos Bolza

A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.

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Exiled broker ponders misleading conduct case against Westpac
Financial Services 2018-09-03 2:26 pm By Miklos Bolza

A mortgage broker can eyeball an internal Westpac document as he considers a misleading and deceptive conduct case against the bank for stripping him of his accreditation without explanation.

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