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7-Eleven class actions launch second bid to limit communications with franchisees
Franchises 2019-06-05 3:56 pm By Miklos Bolza

After a first failed attempt, two class actions against 7-Eleven are trying again to restrict communications between the convenience store giant and franchisees ahead of a settlement approval hearing with ANZ, the bank that loaned money to store owners.

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ACCC says LG should pay $700,000 for misleading customers about repair rights
Competition & Consumer Protection 2019-06-03 2:06 pm By Christine Caulfield

Electronics giant LG should pay a $700,000 fine for twice breaching the Australian Consumer Law when its offshore call centre workers misled customers complaining about faulty television sets that they had no rights to a repair, replacement or refund under the law, a court has been told.

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Squire Patton Boggs emails privileged in dispute over Pilbara power purchase agreement
Energy & Natural Resources 2019-05-31 10:57 am By Miklos Bolza

The court has blocked a unit of Fortescue Metals Group from accessing emails sent by Squire Patton Boggs about a now disputed power purchase agreement, saying the communications are privileged.

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ACCC loses ‘spoke and hub’ laundry cartel case
Competition & Consumer Protection 2019-05-24 3:58 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has come up short in its appeal of a ruling that found it had produced insufficient evidence of a laundry detergent cartel, in the first so-called hub and spoke case brought by the competition regulator.

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ACCC issues mea culpa after TPG, Vodafone merger gaffe
Competition & Consumer Protection 2019-05-16 10:44 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has apologised for botching the announcement of its plan to block the $15 billion merger of TPG and Vodafone, blaming a computer glitch for the error.

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SARB seeks to park vehicle detector patent case, says dispute settled 5 years ago
Intellectual Property 2019-05-16 8:25 pm By Miklos Bolza

Melbourne-based civic compliance firm SARB Management Group wants to put the brakes on a case brought by tech company Vehicle Monitoring Systems over a patented method for detecting vehicles, in a dispute it says was finalised in a settlement reached almost five years ago.

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Ex-Babcock & Brown execs dodge case over botched $1.4B acquisition
Corporate 2019-05-14 10:00 pm By Christine Caulfield

A court has dismissed a long-running case against defunct Babcock & Brown executives by a private investment fund over a botched $1.4B acquisition of the biggest laundry equipment provider in the US, saying the executives did not breach their duties by failing to disclose that the bank underwriting the deal allegedly wanted out.

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Paltar Petroleum to be wound up after judge finds ‘too much uncertainty’ in DOCA
Restructuring & Insolvency 2019-05-10 10:47 pm By Cat Fredenburgh

Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing “too much uncertainty”.

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Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
Class Actions 2019-05-09 11:13 am By Amelia Birnie

A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company’s insurer, AIG Australia, as respondents in a class action, over the protests of Marshall’s lawyer, who said his client couldn’t afford to pay for his defence.

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Vodafone, TPG to take ACCC to court over opposition to $15B merger
Competition & Consumer Protection 2019-05-08 3:53 pm By Cat Fredenburgh

Vodafone and TPG will file a Federal Court challenge to the Australian Competition and Consumer Commission’s opposition to their proposed $15 billion merger, teeing up the biggest merger challenge ever heard by the court.

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