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Judge calls for joint expert report in ASIC’s insurance churn case against AMP
Financial Services 2019-04-08 7:57 pm By Miklos Bolza

An argument over the admissibility of an expert report produced by the Australian Securities and Investments Commission in its insurance churn case against AMP was sidestepped Monday, with a judge proposing experts from both sides instead file a joint report in the case.

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KPMG settles class action over $840M failed takeover offer
Class Actions 2019-04-02 8:43 pm By Cat Fredenburgh

A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was used to reject a $830 million hostile takeover bid.

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DP World, Hutchinson Ports, VICT to lose unfair contract terms following ACCC probe
Competition & Consumer Protection 2019-04-02 12:14 pm By Cat Fredenburgh

Container stevedore companies DP World Australia, Hutchison Ports Australia and Victoria International Container Terminal have agreed to change their standard form contracts with land transporters after the ACCC raised concerns that some terms of the agreements may violate the Australian Consumer Law.

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Expert hot tub to feature in Sirtex shareholder class action
Class Actions 2019-03-29 3:57 pm By Cat Fredenburgh

A judge has called for an expert panel in a shareholder class action against life sciences company Sirtex related to sales of its liver cancer treatment that is headed for trial in May. Federal Court Justice Bernard Murphy ordered that the expert conclave between economic expert for the class, Gregory Houston, and Sirtex expert John…

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Education Department got bad advice from Clayton Utz, court told
Competition & Consumer Protection 2019-03-28 8:57 pm By Miklos Bolza

Clayton Utz’s advice to the Department of Education that it could supply details to the ACCC about documents seized in an Australian Federal Police raid of Phoenix Institute of Australia’s offices was incorrect, the collapsed educational company told the court as it flagged a possible application to shut down the consumer watchdog’s case.

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Construction giant Hutchinson takes ACCC to court over ‘invalid’ notice to produce
Competition & Consumer Protection 2019-03-28 4:43 pm By Christine Caulfield

Private construction company Hutchinson Builders has brought legal action against the Australian Competition and Consumer Commission, seeking to quash what it says is an invalid notice to produce documents to the regulator, which has vowed to bring cases against the construction industry this year.

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Xenith takeover battle to heat up after regulator signs off on IPH bid
Intellectual Property 2019-03-28 1:26 pm By Cat Fredenburgh

The battle to acquire IP services company Xenith IP Group is set to intensify after the Australian Competition and Consumer Commission blessed a hostile offer by IPH Limited.

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STA Travel accused of misleading customers with hidden fees
Competition & Consumer Protection 2019-03-28 11:47 am By Miklos Bolza

Student and youth travel agency STA Travel is facing a lawsuit by the ACCC for allegedly misleading customers by charging $1 million in hidden fees and commissions through an airfare add-on.

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Reckitt using court to beat competitors, AFT tells judge in spat over Maxigesic ads
Competition & Consumer Protection 2019-03-27 3:26 pm By Miklos Bolza

AFT Pharmaceuticals has accused rival Reckitt Benckiser of using the court as a “clearance house” to beat its competitors, the latest development in a long-running dispute over AFT’s Maxigesic ads.

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Kmart ordered to hand over docs in cargo pants IP dispute
Intellectual Property 2019-03-27 3:14 pm By Cat Fredenburgh

Kmart has been ordered to produce more documents related to changes made to the designs for its men’s cargo pants and shorts in a lawsuit alleging it violated the copyright for workwear company Globe International’s clothing designs.

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