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Special purpose liquidators appointed by judge to investigate claims against Phoenix directors
Restructuring & Insolvency 2020-07-08 7:12 pm By Miklos Bolza

A judge has appointed special purpose liquidators to investigate the affairs of failed VET provider Phoenix Institute and its directors after the Commonwealth complained of “a difficult working relationship” with the training company’s current liquidators.

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Sequenom’s ‘incorporeal’ prenatal genetic test unpatentable, Ariosa tells Full Court
Intellectual Property 2020-06-29 9:12 pm By Miklos Bolza

Ariosa Diagnostics is fighting to revoke a patent for noninvasive prenatal test owned by Sequenom, arguing it merely describes how to extract “incorporeal” genetic information that is naturally found within the DNA of an unborn foetus.

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Virgin administrators sign deal with Bain Capital to buy struggling airline
Restructuring & Insolvency 2020-06-26 10:35 am By Christine Caulfield

Virgin’s administrators have reached a deal with Bain Capital to buy the airline and its subsidiaries, saying Friday US investment firm had made a “strong and compelling” bid to keep Australia’s second airline operating and secure the jobs of thousands of workers.

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ACCC takes Pacific National, Aurizon terminal deal challenge to High Court
Competition & Consumer Protection 2020-06-26 10:15 am By Christine Caulfield

The competition regulator wants the High Court to hear its challenge to Pacific National’s $205 million acquisition of Aurizon’s Acacia Ridge Terminal in Queensland, saying the deal would entrench the rail freight carrier’s near monopoly on the east coast of Australia.

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Road barrier companies hit the brakes on patent dispute
Intellectual Property 2020-06-25 1:40 pm By Cat Fredenburgh

A settlement has been reached in a dispute between UK-based Hill & Smith Holdings and Australia-based Safe Barriers Pty Ltd over a patented road safety barrier system.

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Ex-Beem It boss sacked for blowing whistle on CBA conflicts over proposed sale, suit says
Employment 2020-06-25 11:00 am By Christine Caulfield

The former CEO of Commonwealth Bank subsidiary Beem It was dismissed for blowing the whistle on multiple conflicts of interest by directors of the digital payment company, just months after she was warned by one director that the “CBA wagons” were circling her, a lawsuit alleges.

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Court mulls joint hearing for a2 Milk’s triple trade mark dispute
Intellectual Property 2020-06-24 3:36 pm By Miklos Bolza

Three high stakes lawsuits brought by a2 Milk Company against rival diary producers over the use of a2 as a trade mark may be heard together in early 2021.

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Judge spends Sunday drafting orders after ‘highly unsatisfactory’ conduct in Toyota class action
Class Actions 2020-06-22 10:39 am By Alison Eveleigh

A judge has criticised the parties for failing to comply with orders made in a class action against Toyota over allegedly defective filters in the car giant’s diesel models, and spent half his weekend preparing new orders for both sides.

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Norwegian shipper pleads guilty to cartel charge, says fine should be $20M
Competition & Consumer Protection 2020-06-18 5:02 pm By Alison Eveleigh

Norway-based shipping company Wallenius Wilhlmsen Ocean AS has pleaded guilty to one charge of criminal cartel conduct, but told a court the penalty should be discounted from the maximum by over 50 per cent.

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Goodman Fielder gets green light to reopen $1.25M GrainCorp case
Contracts 2020-06-10 6:31 pm By Alison Eveleigh

A court has given Goodman Fielder the green light to reopen its breach of contract case against GrainCorp to submit further evidence on potential damages.

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