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CBA won’t hand over docs to class action without AUSTRAC’s blessing
The Commonwealth Bank of Australia has refused to provide sought-after documents to the lead applicants of a joint class action against it until AUSTRAC grants permission, citing concerns over possible criminal breaches if it hands over the material without the agency's approval.
Law firms set stage for Boral class action beauty parade
Two law firms that filed competing shareholder class actions against construction giant Boral have asked the court to permanently stay the other's proceeding, after the judge overseeing the matter said he might wait until the High Court's ruling on the AMP class action beauty parade before deciding which class action should move forward.
‘Disruptive and unsatisfactory’: Hytera slammed for late stage bid to adjourn copyright trial
Motorola has slammed Chinese radio manufacturer Hytera's "disruptive and unsatisfactory" request to adjourn a highly anticipated copyright trial over the alleged theft of source code which is due to begin in three weeks.
Spotless on the hook for redundancy pay after losing appeal
Cleaning services giant Spotless must pay redundancy entitlements to a group of workers it sacked, after failing to convince a court of appeal that it was exempt from making the payments.
Hytera can’t claim Motorola purposefully delayed notification of source code theft
A judge has rejected new evidence sought to be advanced by Hytera Communications in its IP battle with Motorola that Motorola deliberately delayed notifying Hytera of possible theft of its source code because it wanted to improve its market position.
Sequenom’s ‘incorporeal’ prenatal genetic test unpatentable, Ariosa tells Full Court
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.
Judge scolds law firms behind competing Boral class actions
A judge has scolded the law firms behind competing shareholder class actions against Boral for delaying progress of the proceedings, but may wait until the High Court's ruling on the AMP class action beauty parade before deciding which of three potential class actions should move forward.
Virgin administrators sign deal with Bain Capital to buy struggling airline
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.
‘An air of unreality’: Judge questions Treasury Wine’s breach claims against Maurice Blackburn
A claim by Treasury Wine Estates that Maurice Blackburn -- but no other law firm -- is prohibited from bringing a shareholder class action over disclosure breaches related to its US business had an "air of unreality" about it, a judge has said.
ISignthis seeks $27M in damages from ASX
ISignthis is ramping up its battle against the ASX, seeking court approval to amend its lawsuit against the exchange to seek more than $27 million in damages for its alleged misleading and deceptive conduct.