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In Touch: ACCC Chair calls for collaboration among regulators across the globe; and other developments
The ACCC moo-ving to enforce compliance with the Dairy Code On 9 May, the ACCC updated its guidance for the Dairy Code of Conduct ahead of the new dairy season and the upcoming 1 June deadline for ...
What the wide-ranging sanctions on Russia mean for your organisation
The Australian Government, introduced a wave of new trade and financial sanctions measures against Russia in response to the situation in Ukraine. This is the first time in living memory that a major economy has been subject to such wide-ranging sanctions, with implications for a range of industries. ...
Transporting hydrogen via existing gas pipelines potentially a step closer
Since our last update on 18 October 2021, significant progress has been made in the ongoing review of the National Gas Regulatory Framework. The latest proposed amendments open the door for renewable generated gases to be transported and sold using existing pipeline infrastructure. ...
Driving the energy transition
Australia’s energy industry is set to change more in the next 10 years than it has in the past 100. ...
Federal Court finds cyber risk management is a critical obligation for financial services firms
The Federal Court handed down its judgment in proceedings brought by ASIC against RI Advice on 5 May 20221. It found that, as result of its failure to manage cyber security risks and cyber resilience, RI Advice breached its obligations to do all things necessary to ensure that the financial services covered by the licence were provided efficiently and fairly, and to have adequate risk management systems in place. ...
Continuing misrepresentations: Full Federal Court confirms an incoming insurer's right to avoid cover
In a welcome move for insurers writing group life policies for superannuation funds, the Full Federal Court in AIA v Sharma overturned the first instance decision and held that a fraudulent misrepresentation made by an insured member to an outgoing group life insurer could have continuing effect an ...
High Court relieves anxiety with key patent decision
In the latest in Australia's longest-running pharmaceutical patent term extension litigation, the High Court has found Sandoz infringed a patent, owned by Lundbeck, for a drug used to treat anxiety and depression, by selling generic products during an extended term of the patent ...
Intellectual Property rights in wartime
As Russia's war on Ukraine continues to cause mass devastation to the country and its people, the response of much of the Western world, including Australia, has been to impose a series of economic sanctions against the Kremlin. ...
Parking threats of patent infringement proceedings: UbiPark v TMA Capital Australia
Recently, Justice Moshinsky of the Federal Court granted an interlocutory injunction to restrain a patentee from making further threats of infringement proceedings against the customers and potential customers of an entity against whom the patentee had already made threats. Historically, interlocuto ...