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ACCC gets $35M boost to take on cartels
Competition & Consumer Protection 2018-12-18 4:59 pm By Cat Fredenburgh

The government has given the ACCC a $35 million shot in the arm to bring more criminal cartel cases and investigate anti-competitive conduct.

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ASIC sues AMP, Clayton Utz over fees for no service report docs
Financial Services 2018-12-17 12:45 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has instituted new proceedings againstĀ  AMP and its law firm Clayton Utz seeking documents related to the fees for no service investigation the law firm conducted for the wealth manager.

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United Petroleum unit appeals loss against Allianz over fire coverage
Appeals 2018-12-17 11:33 am By Cat Fredenburgh

A Queensland ethanol refinery owned by United Petroleum has appealed a judge’s ruling that insurerĀ Allianz Australia did not have to provide coverage for damage resulting from a 2016 fire.

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Viterra says others lied about malt quality, judge wants to know who
Corporate 2018-12-14 10:31 pm By Cat Fredenburgh

Viterra can amend its defence mid-trial in its dispute with Cargill over the $420 sale of its Joe White malt business to argue it was standard industry practice to fudge test results relating to malt quality, provided it identifies which industry players engaged in the practice.

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Trade mark suit by Melbourne University’s Trinity College settles
Intellectual Property 2018-12-14 10:43 am By Cat Fredenburgh

An education provider that calls itself Trinity College Australia has settled a trade mark lawsuit alleging it tried to pass itself off as the famed residential college of The University of Melbourne.

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TPG, Vodafone tie-up would lead to pricier mobile plans, ACCC says
Competition & Consumer Protection 2018-12-13 1:05 pm By Cat Fredenburgh

The ACCC has expressed concerns about the proposed merger of telecoms TPG and Vodafone, saying the deal could substantially lessen competition and lead to higher-priced mobile plans.

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Network 10 drops Boss name after legal action by Fairfax
Intellectual Property 2018-12-12 10:18 pm By Cat Fredenburgh

A month after Network 10 vowed to fiercely defend against a trade mark infringement case by Fairfax Media over its new ’10 Boss’ logo, the TV broadcaster has agreed to drop the name.

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In defeat for IP Australia, Rokt wins patent for computer software
Intellectual Property 2018-12-12 2:28 pm By Cat Fredenburgh

Rokt has won its bid to patent a digital advertising system, the first major court victory in one of three challenges to IP Australia’s stance on the patentability of computer software.

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ASIC won’t eavesdrop on ex-Rio Tinto execs’ US depositions
Securities 2018-12-12 12:43 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has promised it will stay away from the depositions of two former Rio Tinto executives in proceedings underway in the US, as it pursues a parallel caseĀ over allegedly misleading market statements the mining company made about the reserves of a $4 billion coal acquisition.

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Funder in Murray Goulburn class action seeks 28% cut
Class Actions 2018-12-11 1:28 pm By Cat Fredenburgh

The funder that’s bankrolling a shareholder class action against Murray Goulburn is seeking court approval for a funding agreement under which it would get a 28 per cent cut of any settlement.

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