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Zip wins high-stakes trade mark stoush with Firstmac
Intellectual Property 2023-06-01 11:51 pm By Sam Matthews

Buy now, pay later giant Zip Co has successfully defended a lawsuit over its use of Firstmac’s ‘Zip’ trade mark and won its bid to have the mortgage provider’s mark removed for non-use.

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Visa’s blockchain payment invention not patentable, IP Australia says
Intellectual Property 2023-06-01 1:43 pm By Gareth Baker

Payment giant Visa has lost an application for a patent covering a way to transfer assets between banks, with an IP Australia delegate saying the invention uses generic computer technology and is not patentable.

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Racing NSW wins doc bid as it mulls competition case against interstate counterparts
Competition & Consumer Protection 2023-05-31 5:22 pm By Cindy Cameronne

Racing NSW has won access to documents that concern an alleged plan by its Victorian counterpart to exclude it from the thoroughbred racing industry as part of an alleged anti-competitive agreement with four other states.

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In battle of Spitfire creditors, appeals court provides clarity on R&D refunds
Appeals 2023-05-31 2:22 pm By Cindy Cameronne

A private investment fund has won its claim as a secured creditor over $2 million in research and development tax refunds that a court previously found should go to employees in a fight over funds remaining following the collapse of fintech Spitfire Corporation. 

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Tyro class action judge OK’s $2.5M in settlement deductions after railing against earlier deal
Class Actions 2023-05-30 11:04 pm By Cindy Cameronne

A judge who eviscerated a prior bid by a law firm and funder to take home 60 per cent of a $5 million class action settlement with Tyro has allowed them to net half of the proceeds, questioning whether some of the costs amounted to a “complete breach” of legal professional duties.

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Trial vacated in class action against Deloitte over Hastie audits
Trials 2023-05-30 2:57 pm By Christine Caulfield

Trial in a protracted class action against Deloitte over the collapse of construction group Hastie has been abandoned, signalling a settlement is in the works.

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Tradie platform Hipages admits using ‘subscription traps’
Competition & Consumer Protection 2023-05-30 11:05 pm By Gareth Baker

Online home improvement platform Hipages has admitted that it likely engaged in misleading or deceptive conduct by failing to disclose contract terms that allowed it to automatically renew subscriptions and charge early termination fees.

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PwC puts 9 partners on leave, ringfences government work
Tax 2023-05-29 4:06 pm By Sam Matthews

PricewaterhouseCoopers will put nine partners on leave and ringfence its government work in the wake of a tax policy leak scandal for which the embattled firm’s acting chief has issued an apology.

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Sydney University ordered to reinstate lecturer sacked over swastika slide
Employment 2023-05-29 3:13 pm By Sam Matthews

The University of Sydney has been ordered to reinstate a lecturer the court found was unlawfully dismissed over a slide of a Nazi swastika superimposed on the Israeli flag, but the order is stayed pending the school’s appeal.

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ACCC tells ‘fake local’ florists to get out of town
Competition & Consumer Protection 2023-05-29 11:37 pm By Gareth Baker

The ACCC has brought proceedings against a national flower retailer for allegedly adapting its websites and google ads to deceive online customers into believing they were a local florist. 

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