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Palla Pharma to pay $1.125M to settle lawsuit over codeine poppy patents
Intellectual Property 2019-06-27 11:57 am By Cat Fredenburgh

Poppy processor Palla Pharma has agreed to pay $1.125 million to rival Tasmanian Alkaloids t0 settle a lawsuit alleging infringement of two innovation patents for high codeine-concentrated poppy.

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ACCC appeals loss in case over Pacific National, Aurizon terminal deal
Competition & Consumer Protection 2019-06-27 9:58 am By Christine Caulfield

The Australian Competition and Consumer Commission is appealing the dismissal of its case over Pactific National’s purchase of Aurizon’s Acacia Ridge Terminal in Queensland, challenging the Federal Court’s power to accept Pacific National’s last-minute promise to ensure access to the major freight terminal by competitors.

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Garuda appeals $19M penalty for air cargo price-fixing
Appeals 2019-06-27 8:31 am By Cat Fredenburgh

Indonesian national airline Garuda is appealing a $19 million price-fixing fine, the second largest penalty in the ACCC’s decade-long global cartel case over air cargo price-fixing.

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Lawyer tries to question costs in Sirtex class action settlement
Class Actions 2019-06-26 8:21 pm By Amelia Birnie

A self-described ā€œvigilant lawyer against big companiesā€ has attempted to make submissions regarding the costs incurred in the Sirtex shareholder class action settlement, with legal fees and fundersā€™ commissions chewing up half of the $40 million settlement figure. Maurice Blackburn took the lead after two shareholder class actions relating to the biotech companyā€™s revised sales…

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Malaysia Airlines settles class action by Australian MH17 families
Class Actions 2019-06-26 4:01 pm By Christine Caulfield

Malaysia Airlines has reached a settlement with five Australian families whose loved ones were killed when flight MH17 was shot down over eastern Ukraine by a Russian missile five years ago.

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IP boutique looks to sue former partners that jumped ship
Business of Law 2019-06-26 2:39 pm By Cat Fredenburgh

Two lawyers that recently left the intellectual property boutique where they worked for a combined 40 years to set up their own firm are now facing a courtroom battle with their former employer.

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Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale
Securities 2019-06-26 2:25 pm By Amelia Birnie

An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholderā€™s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.

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AMP hit with second class action over ‘excessive’ superannuation fees
Class Actions 2019-06-26 2:08 pm By Cat Fredenburgh

AMP is a facing a second class action for allegedly charging excessive fees on more than two million superannuation accounts, setting up another potential class action beauty pageant.

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Aboriginal art supplier fined $2.3M for duping customers with fakes
Competition & Consumer Protection 2019-06-26 1:26 pm By Christine Caulfield

A judge has fined an Aboriginal art and souvenir supplier a total of $2.3 million after ruling that the Queensland-based company, which is now in liquidation, misled consumers about the origin of its products.

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Clive Palmer’s co. faces setback in winding up battle over Queensland time-share scheme
Restructuring & Insolvency 2019-06-25 4:54 pm By Amelia Birnie

A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland’s Palmer Coolum Resort, describing the bid as an attempt by the company to avoid making admissions about its conduct, which allegedly resulted in the “death of the resort”.

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