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Ex-Aussie Home Loan boss can’t escape $1M ruling that he duped Adcock Private Equity
Securities 2019-04-17 2:45 pm By Christine Caulfield

Former Aussie Home Loans boss Stephen Porges has lost an appeal of a judgment ordering him to pay more than $1 million to a private equity firm that was found to have been duped into buying his worthless shares in a beleaguered startup.

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Midland Metals loses challenge to ‘deceptive’ letters by cable makers group
Competition & Consumer Protection 2019-04-17 2:39 pm By Cat Fredenburgh

Singapore-based cable manufacturer Midland Metals has lost its appeal of a  judgment that found the Australian Cablemakers Association did not violate the consumer laws when it sent letters to several Ministers complaining that an electrical cable supplied by Midland was unsafe.

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Baker McKenzie global chair dies while on exhaustion leave
Baker McKenzie 2019-04-16 11:15 pm By Christine Caulfield

International law firm Baker McKenzie has confimed the death of its global chair, Paul Rawlinson, who had been on extended leave, citing exhaustion.

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Herbert Smith Freehills partner to helm Australian international arbitration centre
Arbitration 2019-04-16 10:12 pm By Cat Fredenburgh

The head of Herbert Smith Freehills’ Australian international arbitration practice has become the first female to lead the Australian Centre for International Commercial Arbitration.

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James Cook University unlawfully sacked controversial climate change professor, court finds
Employment 2019-04-16 9:23 pm By Christine Caulfield

James Cook University unlawfully dismissed a professor who spoke out against the school and one of its scientists over its climate change views, a judge found Tuesday.

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Energy company director kicked off board for missing too many meetings files appeal
Corporate 2019-04-16 9:02 pm By Cat Fredenburgh

A director of an energy company who was kicked off the board for missing too many meetings has filed an appeal of a ruling dismissing his case over delays in complying with court requests after his lawyer from Maddocks withdrew from the case due to late payments.

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Aussie social media startup wins injunction against Facebook, Instagram in misuse of market power case
Competition & Consumer Protection 2019-04-15 11:13 pm By Christine Caulfield

An Australian marketing company that allows clients to schedule socal media posts has won a temporary court injunction against Facebook and Instagram in a lawsuit alleging a decision to block the startup from their platforms is a misuse of market power.

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Sandoz entitled to generic Lexapro licence, IP Australia finds in blow to Lundbeck
Intellectual Property 2019-04-15 10:18 pm By Cat Fredenburgh

Generic drug maker Sandoz has secured a retroactive licence to manufacture a cheaper version of top-selling antidepressant Lexapro, the drug at the heart of a long-running patent infringement battle with pharmaceutical giant Lundbeck.

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ANZ settles class actions by 7-Eleven franchisees
Class Actions 2019-04-15 10:02 pm By Cat Fredenburgh

ANZ has reached an in-principle settlement in two class actions alleging it breached its responsible lending obligations by providing loans to purchasers of 7-Eleven franchises that were not financially viable.

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Racing Victoria sues fantasy sports betting co. PlayUp over ‘Best Bets’ trade marks
Intellectual Property 2019-04-15 9:07 pm By Cat Fredenburgh

Racing Victoria has dragged fantasy sports gambling company PlayUp to court for allegedly infringing its ‘Best Bets’ trade marks.

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