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Payday lenders Cigno, BSF appeal loss in ASIC case
Appeals 2024-06-12 2:58 pm By Christine Caulfield

Payday lenders Cigno and BSF Solutions have appealed a decision that found they provided credit without a licence, and rejected the claim that their loan model is analogous to buy now, pay later arrangements that don’t require a licence.

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Santos socked with $2.75M penalty for record-keeping failures
Energy & Natural Resources 2024-06-04 1:56 pm By Sam Matthews

The Australian Energy Regulator has secured a $2.75 million penalty in a case against oil and gas company Santos alleging record-keeping failures in breach of the National Gas Rules. 

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Neurim’s claim for additional damages survives in Circadin patent case
Intellectual Property 2024-06-03 11:48 pm By Sam Matthews

A judge has upheld Neurim Pharmaceutical’s claim for additional damages against two generic drug companies found to have infringed its patent for insomnia drug Circadin, despite the company’s failure to comply with an earlier ruling.

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Payday lenders’ short-term loans not BNPL arrangements, judge says in ASIC win
Financial Services 2024-05-24 3:58 pm By Sam Matthews

The Australian Securities and Investments Commission has prevailed in its case against payday lenders Cigno and BSF Solutions alleging they provided credit without a licence, with a judge rejecting their argument that their loan model was analogous to buy now, pay later arrangements that don’t require a credit licence.

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Equity = equal: Western Power, Ventia must pay same in Parkerville bushfire costs, court says
Energy & Natural Resources 2024-05-22 11:12 pm By Christine Caulfield

Equitable contribution by Western Power, Ventia and a property owner found jointly liable for the same loss resulting from the Parkerville bushfire in WA must be mathematically equal regardless of how the liability was apportioned, a judge has found.

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Ramsay Health wins partial injunction against ‘misleading’ union ads
Competition & Consumer Protection 2024-05-21 11:25 pm By Andy Sidler

Ramsay Health Care has won a partial interim injunction banning the union representing its nurses from running ads that claim the private hospital operator runs on a staff-to-patient ratio double that of public hospitals.

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Hitachi denies joint liability with Acciona over guarantees for $511M waste-to-energy plant
Construction 2024-04-30 2:38 pm By Sam Matthews

Japanese company Hitachi has hit back at a lawsuit filed by the entity in charge of a $511 million waste-to-energy plant in Western Australia which accuses Acciona of withholding $38.6 million in bank guarantees, denying any joint liability with the Spanish infrastructure giant.

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Noni B owner to play COVID-19 card in ACCC case over late deliveries
Competition & Consumer Protection 2024-04-24 12:23 pm By Sam Matthews

Fashion retailer Mosaic Brands has flagged various COVID-related defences to a case brought by the Australian Competition and Consumer Commission alleging it failed to deliver several hundred thousand products to customers within advertised time frames.

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After 7 years of litigation, patent for blockbuster sleep drug Circadin found valid
Intellectual Property 2024-04-18 11:21 pm By Sam Matthews

After a seven-year legal battle, a court has upheld the validity of Neurim Pharmaceutical’s patent for insomnia drug Circadin and ruled two generic drug companies infringed the intellectual property.

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Acciona hit with second suit over $511M waste-to-energy plant
Construction 2024-04-18 2:37 pm By Sam Matthews

The entity in charge of a $511 million waste-to-energy plant south of Perth has filed a second lawsuit against Acciona, accusing the Spanish infrastructure giant of withholding $38.6 million in bank guarantees to use as leverage in unrelated disputes about the troubled project.

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