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Medtronic penalised $22M over sale of bone graft kits without regulatory OK
Healthcare 2024-09-20 11:32 pm By Christine Caulfield

Medical device supplier Medtronic has been socked with a $22 million penalty after it supplied non-compliant bone graft kits to hospitals, in what is the largest penalty under the Therapeutics Good Act.

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Harvey Norman hit with second class action over ‘junk’ warranties
Competition & Consumer Protection 2024-09-19 4:49 pm By Cindy Cameronne

A second law firm has filed a class action against Harvey Norman alleging it sold extended warranties to customers that had “no real value”.

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CIMIC loses appeal against insurers over coverage for Iraq bribery cases
Insurance 2024-09-19 11:04 pm By Christine Caulfield

Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.

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Super Retail appeal to have ‘significant impact’ on settlements, court told
Employment 2024-09-19 3:43 pm By Sam Matthews

Super Retail’s appeal of a decision refusing to suppress the terms of an alleged settlement with its former top lawyer raises important questions about without prejudice negotiations, a court has heard.

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Failed CBA class actions want to stay fight over costs
Class Actions 2024-09-19 3:26 pm By Cindy Cameronne

Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank’s costs until after their 62-ground appeal is heard.

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Self Care wins IP action over FreezeFrame knockoffs
Intellectual Property 2024-09-19 11:03 pm By Cindy Cameronne

Cosmetics maker Self Care has won its case against companies with ties to China that were found to have sold counterfeit versions of its popular Freezeframe anti-ageing creams. 

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Appeal bid in crypto class action against Google, Meta falls flat
Cryptocurrency 2024-09-19 11:11 pm By Andy Sidler

A court has refused leave to appeal a permanent stay of a class action run, funded and led by lawyer Andrew Hamilton against Google and Meta that challenged their crypto ad bans.

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Alceon hit with $3M in damages for ‘misleading’ sale of Qld shopping centre
Real Estate 2024-09-19 4:34 pm By Sam Matthews

Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.

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Sydney light rail class action thrown out on appeal
Appeals 2024-09-18 11:04 am By Cindy Cameronne

An appeals court has dismissed a class action on behalf of small businesses over alleged nuisance caused by the construction of Sydney’s $3 billion light rail network. 

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REST’s reliance on law firms’ advice a winning defence in ASIC case
Financial Services 2024-09-18 11:22 pm By Sam Matthews

A judge has tossed ASIC’s case against REST over alleged misleading representations, finding the representations were statements of opinion reasonably held based on the advice of lawyers.

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