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Westpac adviser at centre of ASIC suit got ‘high achievement’ ratings, bank admits
Financial Services 2018-08-15 9:32 pm By Cat Fredenburgh

Westpac admits that it violated the Corporations Act by awarding high performance marks to a financial adviser whose work was flagged for compliance concerns during several internal reviews.

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Brambles hit with second shareholder class action
Class Actions 2018-08-14 10:40 pm By Cat Fredenburgh

Chain logistics company Brambles is facing a second class action alleging it breached its continuous disclosure obligations by failing to revise its overly rosy 2017 financial forecast on several occasions.

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Optus, Telstra reach deal over ‘Unlimited’ ads
Competition & Consumer Protection 2018-08-14 10:05 pm By Cat Fredenburgh

A claim for damages by Optus over Telstra’s ‘Unlimited’ ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.

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Class action can claim Westpac unit knew about $1.9M Ponzi scheme
Class Actions 2018-08-14 9:23 pm By Cat Fredenburgh

A judge has denied a Westpac unit’s bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging the bank aided the Ponzi schemer’s illegal conduct.

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Law firm must pay for ‘ineffective’ radio ads, court says
Contracts 2018-08-14 9:21 pm By Cat Fredenburgh

Employment law firm McDonald Murholme has lost an appeal in a case over $37,000 in unpaid bills for five months of radio advertisements on the Victorian Radio Network the firm said were ineffective.

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ACCC scores $5.5M in fines over polycarbonate cartel
Competition & Consumer Protection 2018-08-13 11:27 pm By Cat Fredenburgh

The ACCC has scored fines totaling $5.5 million in its case against companies and individuals involved in an alleged cartel over the supply of polycarbonate, a little more than a month before trial kicks off against the alleged mastermind behind the cartel.

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ACCC wins injunction against Aurizon
Competition & Consumer Protection 2018-08-13 3:31 pm By Cat Fredenburgh

The ACCC has won its request for an injunction blocking rail freight operator Aurizon from shutting its intermodal business down while a competition lawsuit the regulator filed over Aurizon’s proposed sale of the business to Pacific National makes its way through the court.

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McDonald’s to redesign cafe logo after lawsuit by Melbourne’s Corner Hotel
Intellectual Property 2018-08-13 1:52 pm By Cat Fredenburgh

McDonald’s has agreed to change its Corner Cafe logo, after the famed Corner Hotel in Melbourne filed a lawsuit claiming the global food giant’s new hipster cafe violates its trade marks.

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The most sought-after firms for IP litigation
Intellectual Property 2018-08-10 8:40 pm By Cat Fredenburgh

When it comes to bet-the-company matters that keep corporate counsel awake at night, intellectual property disputes often rank at the top of the list. And these eight law firms are the ones companies turned to the most last year when facing a courtroom battle over their IP.

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Barristers group appeals ‘Austbar’ trade mark ruling
Intellectual Property 2018-08-10 6:30 pm By Cat Fredenburgh

An Australian barristers group is seeking to appeal a ruling that allowed the Australian Bar Association to move forward with its plans to trade mark the terms “Austbar” and “Aust bar”.

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