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Ramsay Health denies anti-competitive conduct over failed day surgery
Competition & Consumer Protection 2019-02-25 9:17 pm By Miklos Bolza

Ramsay Health Care has denied its conduct towards a group of surgeons seeking to open a rival clinic in Coffs Harbour, NSW was anti-competitive or a misuse of market power, telling the court on the first day of trial that the venture was doomed to fail.

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Judge makes ‘irresistible’ order that Pitcher Partners pay $3.3M in costs over hidden error
Financial Services 2019-02-25 2:13 pm By Christine Caulfield

Pitcher Partners just found another reason to challenge a ruling that it owes $5.6 million in damages for concealing an accounting error from a client — a ruling that socks it with $3.3 million in legal costs for its “deceit”.

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ACCC intent on proving misuse of market power claims in Ramsay Health trial
Trials 2019-02-22 11:19 pm By Cat Fredenburgh

The stakes will be high for the ACCC when the trial kicks off Monday in its case against Ramsay Health Care alleging the hospital giant misused its market power and engaged in exclusive dealing, after the competition regulator came up short in its last big misuse of market power case against pharmaceutical giant Pfizer.

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DLA Piper resolves QC’s case over $274,000 in unpaid fees
Business of Law 2019-02-22 12:13 pm By Christine Caulfield

DLA Piper appears to have settled a case brought by a Queen’s Counsel alleging it skipped out on $274,000 in fees because the firm’s client had not paid its bill.

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REA, Domain settle trade mark lawsuit over realestate.com redirect
Intellectual Property 2019-02-21 10:32 pm By Cat Fredenburgh

Property listing rivals REA Group and Domain have settled a trade mark lawsuit over an agreement between Domain and the owner of US websiteĀ realestate.com to redirect Australian traffic to Domain’s website.

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Judge lifts injunction won by State Street against Maurice Blackburn’s Fearless Girl
Intellectual Property 2019-02-21 9:53 pm By Christine Caulfield

Maurice Blackburn has persuaded a judge to lift a temporary injunction that blocked the law firm from going ahead with plans to unveil a replica of the iconic New York statue, Fearless Girl, at Melbourne’s Federation Square for International Women’s Day.

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ASIC foreshadows multiple criminal cases in wake of royal commission
White Collar 2019-02-19 11:00 pm By Cat Fredenburgh

ASIC has wasted no time in the wake of a critical report from the banking royal commission, reporting a 50 percent spike in investigations into financial services companies since the beginning of the month and promising a number of criminal referrals are on the horizon.

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Judge rules for investors in class action over conman Peter Foster’s sports betting scam
Class Actions 2019-02-18 11:06 pm By Christine Caulfield

A judge has ruled for investors in a class action alleging they sank $12.3 million into a sports trading scam masterminded by convicted conman Peter Foster, saying they were entitled to recover their misappropriated money from the “notorious confidence trickster”.

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ASIC appeals loss in Westpac personal advice case
Financial Services 2019-02-18 5:00 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has appealed a ruling that two Westpac units did not provide personal financial advice as part of a campaign encouraging customers to roll over external superannuation accounts.

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ACCC cuts collusion claims as trial against Pacific National, Aurizon comes to an end
Competition & Consumer Protection 2019-02-15 11:45 pm By Christine Caulfield

The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.

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