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Delay in publishing IP judgment creates ‘unsatisfactory state of affairs’, judge says
Intellectual Property 2018-09-27 11:14 pm By Cat Fredenburgh

A Melbourne computer retailer that plans to appeal a $2.8 million fine for allegedly violating Microsoft’s Windows 7 IP has won a stay of the court’s order, with a judge finding the court’s delay in publishing reasons for judgment created an “unsatisfactory state of affairs”.

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Judge shoots down Sirtex bid for class closure order
Class Actions 2018-09-27 10:03 pm By Cat Fredenburgh

A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the next month, saying a class-closure order could dramatically cut down on the size of the class.

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AGM denied anti-suit injunction to block ASIC case
Financial Services 2018-09-27 9:41 pm By Cat Fredenburgh

A judge has shot down a request by financial services company AGM that the court halt an ASICĀ  proceeding seeking to revoke its financial services licence while a Federal Court case against it progresses.

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Telemarketer fined $285k for ignoring ‘Do Not Call’ list
Telecommunications 2018-09-27 4:56 pm By Cat Fredenburgh

A telemarketer that generates leads for other businesses has been hit with a $285,600 fine for failing to check the Do Not Call Register before picking up the phone.

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NAB hit with class action over ‘worthless’ credit card insurance
Financial Services 2018-09-27 4:08 pm By Cat Fredenburgh

Slater and Gordon has filed the first class action over “worthless” credit card insurance, allegingĀ  National Australia Bank violated consumer protection laws when it sold the insurance to customers who were not eligible to bring a claim under the plans’ terms and conditions.

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IVF clinic sues rival for copying ‘chubby cheeks’ ad campaign
Competition & Consumer Protection 2018-09-26 5:17 pm By Cat Fredenburgh

An IVF clinic that pioneered the use of artificial intelligence for embryo selection has sued a rival clinic for allegedly copying an advertising campaign featuring the slogan “more chubby cheeks”.

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ACCC to probe competition in wine grape industry
Competition & Consumer Protection 2018-09-26 2:27 pm By Cat Fredenburgh

The ACCC is taking another look at market health in the agricultural sector with a new inquiry focused on competition in the market for wine grapes.

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Ex-Sirtex CEO charged with insider trading
Securities 2018-09-26 1:24 pm By Cat Fredenburgh

The former CEO of biotech company Sirtex Medical has been charged with insider trading.

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Trendy Aussie designer sues over handbag copyright
Intellectual Property 2018-09-25 9:40 pm By Cat Fredenburgh

A popular Australian designer of neoprene athleisure handbags has filed a lawsuit against another designer for making bags that allegedly copy the design of its trendy totes.

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ASIC may take banks on for sluggish reporting of breaches
Financial Services 2018-09-25 3:55 pm By Cat Fredenburgh

ASIC said it is considering enforcement action against companies that fail to detect and report breaches of the law in a timely manner, after a damning report found the major banks take more than four-and-a-half years on average to spot a breach.

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