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‘Plagued with competing class actions’: Judge stays latecomer Medibank case for now
Class Actions 2023-05-12 1:26 pm By Sam Matthews

A judge aggrieved by the “plague” of competing class actions in the courts has temporarily stayed a second data breach class action against Medibank, and directed the health insurer to ask the privacy commissioner to drop the investigation of a third case.

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Lenders of collapsed Arrium lose appeal over directors’ loan drawdowns
Financial Services 2023-05-10 12:23 pm By Sam Matthews

Commonwealth Bank and other lenders of failed steel giant Arrium have lost a second attempt to put two of the company’s directors on the hook for alleged misleading representations on loan drawdown notices ahead of its $2.8 billion collapse.

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Melissa Caddick’s parents, receivers strike deal over Edgecliff property
White Collar 2023-05-05 4:12 pm By Cindy Cameronne

The parents and receivers for accused Sydney fraudster Melissa Caddick have reached a deal over a multi-million dollar property in Sydney’s East, but the compromise remains to be blessed by out-of-pocket investors.

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Medibank defence says data breach class action ‘hopeless’
Class Actions 2023-05-03 3:36 pm By Sam Matthews

Private health insurer Medibank has hit back at a class action over a data breach that affected close to 10 million customers, describing the claims as “hopeless.”

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Inquiry called by Melissa Caddick’s parents ‘hanging over receivers like a threat’, court told
Restructuring & Insolvency 2023-04-28 3:39 pm By Cindy Cameronne

The parents of Sydney fraudster Melissa Caddick will seek an inquiry into whether receivers of her property have acted faithfully in managing the assets.

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Mecca’s distribution agreement with lux cosmetics brand not unlawful, court finds
Contracts 2023-04-11 11:35 pm By Sam Matthews

Beauty giant Mecca has succeeded in fending off a luxury cosmetics brand’s appeal of a decision that found a term of an exclusive distribution agreement between them was not an unlawful restraint of trade.

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Medibank hit with shareholder class action over cyberattack
Class Actions 2023-03-29 11:54 pm By Cat Fredenburgh

Australia’s largest private health insurer Medibank has been hit with a shareholder class action in the wake of a massive cyberattack that left the data of 10 million customers exposed.

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Class action firm’s potential profit from Arrium case not relevant to security sum: judge
Class Actions 2023-03-10 3:10 pm By Sam Matthews

A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.

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TikTok loses trade mark battle with mortgage tech startup Tic:Toc
Social Media 2023-03-09 11:47 pm By Christine Caulfield

The owner of Chinese social media giant TikTok has lost its challenge to the registration of a trade mark for home loan tech startup Tic:Toc.

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Advanta Seeds wins more time to renew patent after law firm slip-up
Intellectual Property 2023-02-20 3:51 pm By Sam Matthews

Agricultural giant Nufarm has lost its appeal of a decision giving rival Advanta Seeds extra time to pay a renewal fee for its patent for a hybrid plant cell, after an error by its lawyers caused the renewal to fall through the cracks.

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