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Woolworths faces $100M shareholder class action over profit guidance
Securities 2018-09-11 9:37 pm By Miklos Bolza

Supermarket giant Woolworths has been hit with a class action on behalf of investors who allegedly suffered losses when the company revised its sales and profit guidance and revealed it had been using the wrong pricing competitiveness and stock availability metrics.

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Bellamy’s wants judge to limit costs of competing class actions
Class Actions 2018-09-07 9:28 pm By Cat Fredenburgh

A year after the Federal Court issued its important ruling on competing class actions and foreshadowed orders prohibiting duplicative legal fees, the company at the centre of the proceedings — organic baby food maker Bellamy’s — has called on the court to make good on its promise about costs.

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Sanitarium, Rebel appeal ruling in $1.4M suit over promotion campaign
Contracts 2018-09-07 4:58 pm By Miklos Bolza

Cereal giant Sanitarium and retailer Rebel Sports are challenging a decision dismissing proceedings against a UK marketing company amid a contractual dispute over a recent joint promotional campaign.

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Monster Energy loses challenges to trade mark registrations
Intellectual Property 2018-09-06 6:08 pm By Cat Fredenburgh

Energy drink giant Monster Energy Company has  come up short in two oppositions to trade mark registrations which it claimed would infringe its marks.

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Hearing aid cos. face $2.5M fine over misleading ads
Consumer Goods 2018-09-06 1:44 pm By Cat Fredenburgh

Two hearing aid companies have agreed to pay a $2.5 million penalty over ads that misled pensioners about benefits available under the government’s Hearing Services Program, and the ACCC has warned another enforcement action against a hearing aid company is imminent.

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Reckitt wins round in challenge to S.C. Johnson toilet bowl cleaner patent
Intellectual Property 2018-09-05 11:26 pm By Cat Fredenburgh

Consumer goods giant Reckitt Benckiser has successfully opposed a proposed patent for a toilet bowl cleaner filed by rival S.C. Johnson, but a delegate for IP Australia has allowed the company to amend its patent application.

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‘Poisonous relationship’ sends $2.5M Shark Tank winners to court
Restructuring & Insolvency 2018-09-04 9:38 pm By Miklos Bolza

The two directors of biodegradable coffee pod startup iCapsulate have been ordered into mediation to try to resolve a feud over whether to liquidate the company, a year after it was offered $2.5 million by an investor on reality TV show Shark Tank.

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Fonterra denied strict confidentiality regime in Bega trade mark dispute
Intellectual Property 2018-08-29 9:33 pm By Cat Fredenburgh

A judge has denied a bid for a strict regime for dealing with confidential information in a lawsuit between cheese giants Fonterra and Bega over alleged violations of the terms of a trade mark licensing agreement.

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Heinz fined $2.25M for peddling sugary kids snacks as healthy
Competition & Consumer Protection 2018-08-24 9:37 pm By Cat Fredenburgh

H.J. Heinz Company has been fined $2.25 million for marketing sugary snacks to kids as healthy, a fraction of the $10 million penalty sought by the ACCC.

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Kraft can bring new claims against Bega mid-trial
Competition & Consumer Protection 2018-08-22 8:00 pm By Cat Fredenburgh

The long, complex battle over who owns the rights to the Kraft peanut butter trade dress just promised to get longer, with Kraft winning approval to bring fresh allegations against Bega mid-trial.

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