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Toyota appeals loss in $2B diesel filter class action
Appeals 2022-06-10 11:45 pm By Cat Fredenburgh

Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.

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Gilbert + Tobin lures M&A partner from Squire Patton Boggs
Corporate 2022-06-09 11:38 pm By Cat Fredenburgh

Gilbert + Tobin has wooed a corporate partner from Squire Patton Boggs with significant experience advising on transactions involving heavy hitters in the natural resources sector, including working on a US$15.2 billion rights issue by Rio Tinto.

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Nuix says ex-CEO’s claim off by $140M, but Macquarie director must front court to explain
Securities 2022-06-06 4:20 pm By Cindy Cameronne

A former Nuix director appointed by Macquarie Bank must give evidence in person as the embattled tech company argues a claim brought by its former CEO is off by $140 million.

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Claims against Macquarie Leasing dropped in ANZ flex commissions class action
Class Actions 2022-06-06 12:26 pm By Sam Matthews

Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.

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‘High prices, worse service’: Optus CEO lashes proposed TPG-Telstra deal
Competition & Consumer Protection 2022-06-01 10:19 pm By Harry Thomas

The CEO of Optus has come out swinging against a proposed 10-year agreement between TPG and Telstra to share mobile network infrastructure and spectrum in parts of regional Australia, warning it would harm consumers.

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MIS regime ‘just cannot work’ for class action funding arrangements, court told
Class Actions 2022-05-25 10:46 pm By Christine Caulfield

A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court Wednesday the decision was plainly wrong and the regime unworkable.

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High Court to hear Botox trade mark appeal
Intellectual Property 2022-05-18 3:42 pm By Cat Fredenburgh

The High Court has granted special leave to a cosmetic company to challenge a judgment finding it infringed Botox maker Allergan’s trade marks by marketing its topical creams as Botox alternatives.

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Law firms team up to join two Nuix class actions, want third case shut down
Class Actions 2022-05-17 10:06 pm By Christine Caulfield

Two law firms are joining forces in the hopes of winning a contest of competing securities class actions against technology company Nuix over its $1.8 billion IPO.

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Toyota must pay $18,000 in damages to applicant in defective filter class action
Product Liability 2022-05-17 2:44 pm By Cindy Cameronne

A judge has awarded a Queensland motor vehicle assessor $18,400 in damages in a class action against Toyota over allegedly defective diesel filters in its cars that could see the automotive giant owe close to $2 billion to 260,000 car owners.

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Apple faces battle to protect Touch ID source code in patent stoush
Intellectual Property 2022-05-06 2:16 pm By Cindy Cameronne

Apple is “unlikely” to avoid production of the source code for its Touch ID and Face ID technology to an Australian non-practicing entity that has sued the Silicon Valley company for patent infringement, a judge has said.

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