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Gucci, Guess global settlement ends Australia action
Intellectual Property 2018-04-20 11:46 am By Cat Fredenburgh

Iconic fashion labels Gucci and Guess have agreed to a global settlement in their nine-year long courtroom battle over the famed “G” design trademark.

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ACCC delays decision on MYOB, Reckon merger
Competition & Consumer Protection 2018-04-20 10:45 am By Cat Fredenburgh

The ACCC has delayed it decision on MYOB’s proposed bid for Reckon’s accounting unit while it waits for information, after the regulator raised concerns about how the merger would affect competition in the accounting software market.

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IP Australia rejects SNF challenge to BASF mining patent
Intellectual Property 2018-04-19 1:51 pm By Cat Fredenburgh

The Australian Patent Office has shot down a challenge by SNF to a BASF application for a mining patent.

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Judge cuts Squire Patton Boggs, Piper Alderman fees in $19M Arasor deal
Securities 2018-04-18 11:37 pm By Cat Fredenburgh

A judge has signed off on a $19.25 million settlement in a shareholder class action brought against directors of defunct laser technology company Arasor International Ltd and partners in auditing firm Grant Thornton South Australia, but cut the legal fees of Squire Patton Boggs and Piper Alderman by $250,000.

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Judge OKs class settlement with Wickham Securities’ trustee
Securities 2018-04-18 10:58 pm By Cat Fredenburgh

A judge has signed off on a multi-million dollar settlement in a class action by retirees who claim they lost $27 million with the collapse of property lender Wickham Securities

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Former NAB adviser banned for stealing $2 million from clients
Financial Services 2018-04-18 12:50 pm By Cat Fredenburgh

A former NAB financial adviser has been permanently banned from providing financial services after an ASIC investigation found he fleeced clients out of at least $2 million.

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RMIT whistleblower wins subpoena request
Employment 2018-04-17 10:23 pm By Cat Fredenburgh

A former RMIT worker suing the university for allegedly firing him after he blew the whistle on a colleague for selling exam answers to students has won a bid to subpoena documents from the Victorian Ombudsman. 

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Judge won’t block ex-SAI Global exec from going to rival company
Employment 2018-04-16 11:25 pm By Cat Fredenburgh

A judge has rejected a bid by information services company SAI Global Property to temporarily ban a former sales manager from working for a direct competitor, saying the executive could not have realistically remembered SAI’s list of thousands of clients.

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Commonwealth Bank to pay $3 million over fees for no service
Financial Services 2018-04-16 9:51 pm By Cat Fredenburgh

Two Commonwealth Bank subsidiaries have entered an agreement with ASIC to pay $3 million for failing to provide annual reviews to customers that paid for the service, adding to the $88 million they have already paid out to 31,500 affected customers.

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Ethicon plaintiffs win post-trial bid to expand class
Product Liability 2018-04-16 9:14 pm By Cat Fredenburgh

The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don’t include a proper warning. 

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