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Virgin administration a billables bonanza for top firms
Clayton Utz 2020-05-18 3:44 pm By Alison Eveleigh

The Virgin Australia administration continues to boost billables at the top end of town, with a short list of “well-funded” buyers revealed on Monday and an intense four weeks ahead as the bidders and their law firms scramble to make binding offers by the mid-June deadline.

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ACCC can submit evidence from BlueScope criminal investigation in civil case
Competition & Consumer Protection 2020-05-15 11:25 pm By Alison Eveleigh

The ACCC has been given the green light to use witness statements prepared during its criminal cartel investigation of BlueScope Steel in the civil penalty proceedings launched by the regulator, but a fight with the steel giant over the admissibility of the evidence still looms.

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ACCC can expand cartel case against BlueScope
Competition & Consumer Protection 2020-05-12 11:20 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has won court approval to bring new claims against BlueScope Steel for allegedly seeking to induce competitor OneSteel to engage in cartel conduct.

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One case prevails in battle over competing Westpac AUSTRAC class actions
Class Actions 2020-05-12 11:13 pm By Christine Caulfield

A contest of two competing shareholder class actions against Westpac over millions of alleged anti-money laundering breaches has ended with one law firm and its funder bowing out.

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AMP accused of poaching 11 employees from wealth management software company
Employment 2020-05-11 4:16 pm By Miklos Bolza

A software company is suing a subsidiary of AMP for breach of contract after the financial services firm allegedly induced 11 employees to jump ship after licensing its online advisor platform.

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Halifax liquidators’ decision to not realise investments gets court backing
Restructuring & Insolvency 2020-04-27 2:08 pm By Cat Fredenburgh

The liquidators of defunct stockbroker Halifax are justified in their decision to refrain from realising existing investments over the protests of some investors, until substantive issues in the liquidation are resolved, a court has directed.

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‘This case makes no sense’: Judge says ‘Love Is In The Air’ infringed, but no damages owed
Intellectual Property 2020-04-27 1:48 pm By Christine Caulfield

A judge has found that an Oregon electronic music duo “flagrantly” copied the 1977 disco hit ‘Love is in the Air’ but has rejected most claims for damages because the copyright holder of the song sued for each streaming and download of the song, rather than for the creation of the infringing work.

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Law firms step up pro bono efforts amid COVID-19 pandemic
Business of Law 2020-04-21 1:10 pm By Miklos Bolza

As the COVID-19 crisis leaves tens of thousands unemployed and charities struggling, law firms are responding by offering assistance to those in need through expanded pro bono work and community outreach programs that provide assistance to the country’s most vulnerable people.

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IP Australia’s trade mark and patent prosecution during the COVID-19 outbreak
Expert Insights 2020-04-17 11:45 pm By Christine Caulfield

As the world fights the COVID-19 pandemic IP offices around the world, like IP Australia, are accommodating the current reality. As with courts and other governmental institutions, these offices have adopted measures such as relaxing statutory deadlines and handling matters in accordance with social distancing practices. But there are several important points to observe in terms of engaging with IP Australia during this time, writes Gilbert + Tobin’s Lisa Lennon, John Lee, Chris Williams, Mindaugas Skavronskas and Sidney Kung.

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Westpac class action denied AUSTRAC docs while multiplicity issue unresolved
Class Actions 2020-04-17 3:40 pm By Alison Eveleigh

The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially sensitive documents until the law firms behind the class actions work out how their competing cases will proceed.

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