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Judge sets date for opposing bovine gene patent changes
Intellectual Property 2018-05-23 12:40 pm By Cat Fredenburgh

The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent. 

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Judge picks Phi Finney to lead GetSwift shareholder class action
Class Actions 2018-05-23 11:45 am By Christine Caulfield

Boutique law firm Phi Finney McDonald has been chosen among three competing cases to lead a shareholder class action against GetSwift.

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Optus fined $1.5M for misleading customers about NBN transition
Competition & Consumer Protection 2018-05-23 11:38 am By Cat Fredenburgh

Telecom giant Optus has been ordered to pay a $1.5 million penalty for misleading customers about the transition to the National Broadband Network.

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AWU faces court action for keeping lapsed members registered
Employment 2018-05-22 4:55 pm By Miklos Bolza

The Registered Organisations Commissioner has filed Federal Court proceedings against the Australian Workers’ Union, alleging the union broke the law by failing to keep an accurate register of its members.

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GetSwift class actions to learn their fate, and lawyers watch closely
Class Actions 2018-05-22 4:47 pm By Christine Caulfield

A decision on the fate of three class actions against logistics software company GetSwift is set for Wednesday, and counsel behind the competing cases aren’t the only lawyers waiting with baited breath.

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Judge bars ASX from delisting Chinese food retailer Winha
Exclusive 2018-05-22 3:54 pm By Christine Caulfield

China-based food retailer Winha Commerce has secured an interim court injunction barring the Australian Stock Exchange from delisting the company after the exchange issued queries to all Chinese listed companies about problems converting the renminbi.

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Judge throws out S&P damages expert in CDO trial
Securities 2018-05-22 3:37 pm By Cat Fredenburgh

A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.

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ACCC awaits judgment in Pfizer misuse of market power appeal
Competition & Consumer Protection 2018-05-22 12:43 pm By Cat Fredenburgh

The ACCC will face a test of its ability to win misuse of market power cases when a long-awaited judgment is handed down this week in the regulator’s appeal of a ruling dismissing its case alleging Pfizer misused its market power in the months leading up to the expiration of the patent for its blockbuster cholesterol drug Lipitor.

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Toys ‘R’ Us Australia goes into voluntary administration
Restructuring & Insolvency 2018-05-21 11:56 pm By Christine Caulfield

Just two months after the retailer announced it would close down all of its US and UK stores, the Australian unit of Toys ‘R’ Us has announced it has gone into voluntary administration.

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TWU can’t stall $270k penalty for lax record keeping
Employment 2018-05-21 11:46 pm By Cat Fredenburgh

The Transport Workers Union has lost its bid for a stay of a court order that it pay a $270,000 penalty for allegedly keeping almost 21,000 lapsed members on its register and failing to keep copies of records. 

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