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GSK loses patent infringement appeal over slow-release Panadol
Intellectual Property 2018-05-11 9:32 pm By Christine Caulfield

A full bench of the Federal Court has dismissed an appeal by drug giant GlaxoSmithKline in a patent infringement case it brought over planned generic versions of its sustained-release Panadol.

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VicForests banned from logging in greater glider habitat
Environment 2018-05-11 11:48 am By Miklos Bolza

An environmental group fighting to protect the threatened greater glider has won a temporary injunction that bans state-owned forestry corporation VicForests from logging in select regions of the Victorian Central Highlands where the marsupial has been found.

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Judge to weigh funding deal in Westpac class action
Class Actions 2018-05-10 10:32 pm By Christine Caulfield

A two-day hearing has been scheduled in the Westpac life insurance class action over a proposed funding arrangement that would give litigation backer JustKapital 30 per cent of any recovery, in addition to costs outlaid by lawyers for the class.

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AMP vows to defend two shareholder class actions
Class Actions 2018-05-10 10:28 pm By Christine Caulfield

AMP says it will “vigorously defend” two class actions by shareholders in the wake of scandalous revelations at the Royal Commission that led to a $2 billion market cap drop.

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Judge issues injunction in Infa-Secure seat device ownership spat
Intellectual Property 2018-05-10 10:10 pm By Cat Fredenburgh

A Federal Court judge has permanently barred a woman who claims she owns the intellectual property for an Infa-Secure seat belt device from telling retailers that she is the rightful owner of the device’s IP.

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$26M funding cut to hobble ASIC, experts say
Securities 2018-05-10 10:02 pm By Christine Caulfield

The Federal Government’s $26 million cut to ASIC’s budget has been blasted by experts and the opposition for undermining the corporate regulator, already facing the heat of the Banking Royal Commission.

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Secret side deal in class action holds up $19.25M settlement
Class Actions 2018-05-10 8:27 pm By Miklos Bolza

A “secret” side agreement between the lead applicant in a shareholder class action and a litigation funder is at the centre of a dispute in the Federal Court that is delaying distribution of a $19 million settlement in the case.

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Encompass appeals fintech patent loss
Intellectual Property 2018-05-10 2:23 pm By Cat Fredenburgh

An appeal has been filed by financial software company Encompass Corp. after a Federal Court judge found two of its patents for computer software failed the method of manufacture test and were invalid.

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Taronga Zoo settles TM case against Sydney rival
Intellectual Property 2018-05-10 2:18 pm By Cat Fredenburgh

Taronga Conservation Society Australia and Sydney Zoo have agreed to settle their legal battle over the use of the name “Sydney Zoo”. 

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Iluka Resources class action gets funding
Energy & Natural Resources 2018-05-10 11:22 am By Cat Fredenburgh

A shareholder class action against mining company Iluka Resources has received funding, the company said Thursday.

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